by Dan Mitchell | Sep 20, 2014 | Big Government, Blogs, Crime, Society
If you ask me about the most wasteful department in the federal government, I’ll state that there are lots of good choices, but if forced to identify the best candidate for elimination, I’ll go with the Department of Housing and Urban Development. If you ask me about...
by Dan Mitchell | Feb 26, 2014 | Blogs, Financial Privacy
Time for another great moment in red tape. I wrote a couple of weeks ago that banks treat customers poorly in part because of bad laws and regulations from Washington. Money laundering laws were adopted beginning about 30 years ago based on the theory that we could...
by Dan Mitchell | Jan 28, 2014 | Big Government, Blogs, Financial Privacy, Regulations
People are getting increasingly agitated about being spied on by government. The snoops at the National Security Agency have gotten the most attention, and those bureaucrats are in the challenging position of trying to justify massive invasions of our privacy when...
by CF&P | Oct 7, 2013 | Big Government, Blogs
I realize we’re in the middle of a government shutdown and there’s a debt limit deadline rapidly approaching, but I’m not going to write about fiscal policy today. Instead, I’m going to share a story about evil and stupid government policy. I guess you could say this...
by Dan Mitchell | Apr 19, 2012 | Big Government, Blogs, Financial Privacy, Regulations
I’ve complained many times about the pointless nature of anti-money laundering laws. They impose very high costs and force banks to spy on their customers, but they are utterly ineffective as a weapon against criminal activity. Yet politicians and bureaucrats keep...
