Quotes About Regulation

The Dwolla incident was to be expected. The government will go after sites that it thinks are supposed to register as money transmitters. Some Bitcoin companies will register as such, and some won't, but business will carry on regardless.

We have the idea of saying that put limitations on bailouts, so that the bailouts don't occur in the future, so that we don't have to do the - look to see AIG situations or Bear Stearns situations or the Fannie Mae or Freddie Mac, which is probably going to be more money spent on those two institutions than the Congress spent on the TARP program.

You need to be intent on reducing size, scope, and influence of government.

If cats were double the size they are now, they'd probably be illegal.

If you're looking for a metric that we have to measure, that we have to control, it's government in relation to the size of our economy.

Capping the size of American banks won't eliminate the needs of big businesses; it will force them to turn to foreign banks that won't face the same restrictions.

The central issue of our time - of all times - is the size, power and scope of government.

There's an inverse relationship between the size and scope of government and the health of our free-market economy.

I don't think it's good in any business for anyone to have a monopoly. On the other hand, you need to have size to get costs down.

Proposals to forbid golf courses have about the same motivations as proposals to forbid skate boarding, although the rationalizations are different.

We need to have a regulatory budget in America that limits the amount of regulations on our economy. We need to repeal and replace Obamacare, and we need to improve higher education so that people can have access to the skills they need for 21st century jobs.

Common sense, proportionality, and judgment are the skills we must seek in those we choose to regulate our lives.

... law is a substitute for love.

On January 30, 1992, the SEC told Enron that it would not object to the use of mark-to-market accounting beginning that year. On getting the word, Skilling was ecstatic. He quickly gathered his troops in the conference room of the thirty-first floor, where his group had its offices. To celebrate, he brought in champagne: champagne to toast an accounting change!

Americans alive today each have about 625 times more lead in their blood than people did a century ago.

In the United States, frozen cheese pizza is regulated by the Food and Drug Administration. Frozen pepperoni pizza, on the other hand, is regulated by the Department of Agriculture.

The Statute of Artificers of 1563 laid down that all artificers (craftsmen) and laborers "must be and continue at their work, at or before five of the clock in the morning, and continue at work, and not depart, until between seven and eight of the clock at night"—giving an eighty-four-hour workweek.

Sumptuary laws, as they were known, laid down precisely, if preposterously, who could wear what.

Though banned in most of the developed world, millions of pounds of destructive CFCs, often made by Western companies, are still legally sold in the third world each year.

Before this dumping was halted in the 1990s, the United States had dumped many hundreds of thousands of drums into about fifty ocean sites—almost fifty thousand of them in the Fallarones alone.

Until 1604 the age of consent was twelve for a girl, fourteen for a boy.

Food was similarly regulated, with restrictions placed on how many courses one might eat, depending on status.

By 1927, the average state was spending eight times more on enforcing fish and game laws than it spent on Prohibition.

VAT Value Added Tax, a sales tax (currently 17.5 percent in Britain) imposed on nearly everything.