Bureaucratic overreach

Bureaucratic overreach

Cry Wolf Quotes

[Obama’s budget] will move us even further down the path to universal health care. We are treading dangerously close to bureaucratic intervention in the exam room and I will not support any measure that leads to socialized medicine.

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Rep. John Fleming (R-LA)
02/26/2010 | Full Details | Law(s): Affordable Care Act

The roots of this crisis go back to the Carter administration. That was when government officials, egged on by left-wing activists, began accusing mortgage lenders of racism and "redlining" because urban blacks were being denied mortgages at a higher rate than suburban whites. The pressure to make more loans to minorities (read: to borrowers with weak credit histories) became relentless. Congress passed the Community Reinvestment Act, empowering regulators to punish banks that failed to "meet the credit needs" of "low-income, minority, and distressed neighborhoods." Lenders responded by loosening their underwriting standards and making increasingly shoddy loans.

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Jeff Jacoby, Boston Globe.

There is definitely a major disconnect between our leaders in Trenton and the people who pay taxes and employ residents. Legislators and the governor seem to think our residents and employers have deep pockets and unlimited resources to fund their bloated bureaucracy, when that is far from the case. This madness has to end.

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Jim Leonard, senior vice president of Chamber of Commerce. The Newark Star-Ledger.

We are creating an enormous bureaucracy to take care of problem the magnitude and significance of which we really do not understand…. This is a problem so far-reaching, so important, and so long in duration that it should not be as an emergency measure, without the opportunity for review and consideration, so as to minimize the inevitable tinkering that will come.

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Elon H. Hooker, president of the Manufacturing Chemists Association. Senate Finance Committee hearings.