21 May 2008
Walter Williams on Congressional Problem Creation
Prof. Walter E. Williams has written a short commentary on a number of problems caused by Congress and the Presidents. These problems then become the justification for Congress taking still more control of industries and the economy, which will cause still more problems. These will newer problems will be used to justify still more Congressional controls and, happily for Congress, lead to still more problems, which will .......
He discusses the effects of The Community Reinvestment Act of 1977, monetary expansion by the Federal Reserve Bank, Congressional limitations on oil and gas exploration, refineries, and nuclear power, and the ethanol fuel mandates and food prices.
He discusses the effects of The Community Reinvestment Act of 1977, monetary expansion by the Federal Reserve Bank, Congressional limitations on oil and gas exploration, refineries, and nuclear power, and the ethanol fuel mandates and food prices.
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