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Tag Archives : AML

Financial Regulation, the Red-Tape Nightmare, and Anti-Money Laundering Laws

Financial Regulation, the Red-Tape Nightmare, and Anti-Money Laundering Laws

Posted on March 10, 2012

I’ve periodically written about the overall cost of regulation, and I’ve also highlighted the onerous costs of proposals such as the Dodd-Frank bailout bill. This blurb from the IFC Review may give readers a sense of the regulatory onslaught facing financial institutions. Banks and other financial services firms had to deal with 60 regulatory changes each working […]

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It’s Wrong to Steal…Even When the Government Does It Using Asset Forfeiture

It’s Wrong to Steal…Even When the Government Does It Using Asset Forfeiture

Posted on August 23, 2011

As a grumpy libertarian, I routinely get agitated about taxes, spending, and regulation. As far as I’m concerned, much of government is a racket that uses coercion to reward interest groups with unearned wealth. But there are degrees of evil. So if you asked me to pick the most reprehensible thing that government does,  “asset […]

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