Leave it to the market

Leave it to the market

Cry Wolf Quotes

…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.

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Peter Wallison, AEI Online

[The Medicare bill would] set up a health care program which served little or no necessary social purpose and which would be a direct, unwarranted and completely unfair intrusion in private enterprise.

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Dr. Clifford H. Keene, Kaiser Foundation Health Plan.
04/01/1965 | Full Details | Law(s): Medicare

OSHA at best has been a major disappointment, at worst an abysmal failure…To date there has been no solid evidence that OSHA has yielded any gains in safety or health.

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Richard L. Lesher, President of the U.S. Chamber of Commerce. March, 1980.

Forcing free market plans to compete with these government-run programs would create an unlevel playing field and inevitably doom true competition…

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Letter from Senators Mitch McConnell, (R-KY)., Orrin Hatch (R-UT); Charles Grassley, (R-IA); Mike Enzi, R-Wyo.; and Judd Gregg, (R-NH)
06/08/2009 | Full Details | Law(s): Affordable Care Act