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... McCain on TV lately talking about how there was no oversight in the mortgage crisis and the lack of regulation was to blame. Well, he should know because he helped make it that way. McCain voted for his former ... .In the 90s McCain tried to create a moratorium that would block any new federal regulation.And by the way, the "fundamentals of our economy" quote was not a one time thing taken out of ...
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... regulation is a magic word that cures all evil, when the truth is, it's unclear what regulation could have done to prevent the woes of the financial sector in the first place. Anyone who works ... regulations should be carefully crafted and weighed on their relative merits. Simply saying "we need more regulation" isn't a solution. The biggest problem I see with the financial sector is there seems to ...
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... Republican presidential nominee is scrambling to recast himself as a champion of regulation to end "reckless conduct, corruption and unbridled ... interference with market forces is not limited to federal regulation." Three years earlier, McCain had joined with other Republicans to ... seized on what he called McCain's "newfound support for regulation" and accused his rival of backing "a broken system in ...
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... initiatives to further enhance one of the world's best performing securities regulation systems in sync with the rapid evolution of capital ... commission is that the absence of such a body renders effective regulation unachievable. This position is not supported by the facts.Provincial ... ranked 2nd in terms of the quality of overall securities regulation in the OECD 2006 report, "Going for Growth," ahead ...
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... be ascribed to an insufficiency of government intervention. It's true that some better regulation would have helped but in important respects there has been way too much government intervention.Take ... regulation, misdirected, incoherent and in some respects, excessive.Or consider another example in which tight regulation is actually hampering economic recovery. Under international financial rules, ...
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... has generally taken an anti-regulatory stance, although not in all cases -- his support for federal regulation of tobacco and boxing being prominent counter-examples. Mr. McCain backed a ... campaign trail in 2000, he touted his record of voting "for smaller government, for less regulation."However, when it comes to regulating financial institutions and corporate misconduct, Mr. McCain's record is ...
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