Quotes About Regulation

After the last two years of springtime gas price spikes, nearly everyone in Southeast Wisconsin understands that something is wrong with our gasoline regulation and supply system.

For small community banks and credit unions, like those in Central and Northern Wisconsin, the hundreds of new rules will require an estimated 2,260,631 labor hours just for compliance. Those are hours that your local bank or credit union will spend dealing with some Washington bureaucrat instead of focusing on the needs of customers like you.

As a general rule, governments are wise to avoid taxation that is voluntary, as they need a steady stream of income.

It is not government's job to mandate responsibility on our behalf. We have the intelligence and good sense to make wise consumption choices for ourselves and our children. It is up to us to do what is best for our health and our children's health.

Patents are like fertilizer. Applied wisely and sparingly, they can increase growth. But if you apply too many chemicals, or make patents too strong, then you can leach the land, making growth more difficult.

One of President Reagan's first and wisest initiatives was to effectively shutdown the anti-trust division of the Justice Department.

My fantasy is to break up the big banks. I wish we would end 'too big to fail' in our banking system.

In almost every country there are elements of opinion which would welcome such a conclusion because they wish to return to the politics of the balance of power, unrestricted and unregulated armaments, international anarchy, and preparation for war.

Pharmaceuticals are regulated. Pesticides are, as well as food, save the occasional salmonella outbreak. But chemicals and their witch's brew of ingredients continue to augment American industry without anyone quite knowing their makeup and possible toxicity. And that needs to change.

Until fishing is properly regulated and contained, we should withdraw our consent. Save your plastic bags by all means, but if you really want to make a difference, stop eating fish.

The law condemns and punishes only actions within certain definite and narrow limits; it thereby justifies, in a way, all similar actions that lie outside those limits.

It is only when our life proceeds within bounds and in an accepted, disciplined way, that the mind can be free.

In democracies, we aren't always governed by the people or the parties that we voted for. But when officials are elected, we must respect their authority, as long as they're exercising that authority within the bounds of whatever regulatory frameworks are in place to guide them.

After a plane or train crash, the National Transportation Safety Board dispatches its experts within two hours. The investigators in their familiar jackets take charge of the scene, secure evidence, follow leads.

I believe that government should confine itself to the public realm and that it should be as stripped down as possible, within reason. It should not be burdened by excess bureaucracy.

Society cannot exist without law. Law is the bond of society: that which makes it, that which preserves it and keeps it together. It is, in fact, the essence of civil society.

Order without liberty and liberty without order are equally destructive.

Inflation is the one form of taxation that can be imposed without legislation.

We need a resilient, well-capitalized, well-regulated financial system that is strong enough to withstand even severe shocks and support economic growth by lending through the economic cycle.

Finding a 'sacrificial lamb' on whom to tag blame for complicated problems is an important instrument in the toolkit of politicians, because it deflects blame for the nation's economic woes away from their own regulatory lapses, economic mismanagement and coddling to labor unions.

There is a very real danger that financial regulation will become a wolf in sheep's clothing.

Something that confirms all fears and many conspiracy theories about government is finding out what our elected representatives would put into law if they could.

Conspiracy theories feed on opacity, and that's a longtime problem with short selling. Large long positions must be reported to the Securities and Exchange Commission in public filings, but not large short positions.

Isn't it interesting that markets are not just perfect? In business school and economic theory, you learn all about those perfect markets, and there's no such thing as a perfect market.