Page 15 - Peter Wallison News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Their cry-wolf act is well practiced but lacks credibility. Greg Nash/Getty Images In a tale as old as time, Ohio Senator Rob Portman is concerned that the recently passed Covid relief package will lead to inflation. Predictably, conservatives are once again warning about inflation. This happens every time a Democrat takes office—even if he merely continues the identical policies of his Republican predecessor. Unfortunately, these concerns, which always receive wide media attention, are costly, politically and economically. Bill Clinton was forced to adopt a deficit reduction plan in 1993 t...

Font Size In the past 20 months, liberal media members have routinely blamed 2008's financial crisis on George W. Bush, Republicans, Wall Street, and greed. Someone that has hardly ever been accused of having a hand in what led to the tumult is former President Bill Clinton. As NewsBusters has been reporting almost since the crash began, it was Clinton who signed into law two key bills -- the Financial Services Modernization Act of 1999 and the Commodity Futures Modernization Act of 2000 -- that ushered in the malfeasance that almost toppled the world economy. On Saturday, a for...

Not surprisingly, two Ivy League administrative law scholars with technocratic expertise defend the discipline on the grounds that “technocratic expertise greatly matters.” A slightly-edited version of this essay originally appeared in The American Conservative (January/February 2021) as “Leviathan’s Apologists.” Thanks to Real Clear Policy and The Originalism Blog (here)! One of the tenets of the Progressive Movement—the progenitor of the New Deal—was that technical “experts” are better equipped to solve social problems and market failures than elected officials (or ordinar...

In other words, we just gave too many mortgages to minorities who just couldn't afford them. that's what almost brought the entire economy down? give me a break. so peter wallison, he wants you to forget what federal reserve chairman ben bernanke said in 2008 that loans to minority communities were not the root of the crisis. and wallison wants you to ignore all the other culprits cited in the commission's report. the federal reserve lacks standards. poor risk management at financial institutions like citigroup and aig. risky borrowing from investment banks like goldman sachs and lehman brothe...

For the economic crisis. in other words, we just gave too many mortgages to minorities who just couldn't afford them. that's what almost brought the entire economy down? give me a break. so peter wallison, he wants you to forget what federal reserve chairman ben bernanke said in 2008 that loans to minority communities were not the root of the crisis. and wallison wants you to ignore all the other culprits cited in the commission's report. the federal reserve lacks standards. poor risk management at financial institutions like citigroup and aig. risky borrowing from investment banks like goldma...