Bureaucratic overreach
Cry Wolf Quotes
I was more scared than angry or frustrated. I've felt like a lot of this stuff coming down from the EPA isn't really well thought out -- they're off in the clouds.
The principal of equal pay for equal work sounds…simple [but]….We cannot ignore the variables inherent in our private enterprise system, or give all discretion in resolving them to some single group or agency such as the Department of Labor, if we are to continue as free men and women.
…the government has used regulatory and political pressure to force banks and other government-controlled or regulated private entities to make loans they would not otherwise make and to reduce lending standards so more applicants would have access to mortgage financing… the CRA was used to pressure banks into making loans they would not otherwise have made and to adopt looser lending standards that would make mortgage loans possible for individuals who could not meet the down payment and other standards that had previously been applied routinely by banks and other housing lenders... a law that was originally intended to encourage banks to use safe and sound practices in lending now required them to be innovative and flexible--a clear requirement for the relaxation of lending standards.
If our bureaucrats in Washington, our regulators—maybe that’s a better word—write the regulations too stringently and too tough, there are aspects of this bill that could make it very difficult for the free enterprise system.
