The great fear that hung over the business community in the 1970s was death by regulation, and the great goal of the conservative movement, as it rose to triumph in the 1980s, was to remove that threat - to keep OSHA, the EPA, and the FTC from choking off entrepreneurship with their infernal meddling in the marketplace.
Thomas FrankCorruption is uniquely reprehensible in a democracy because it violates the system's first principle, which we all learned back in the sunshiny days of elementary school: that the government exist to serve the public, not particular companies or individuals or even elected officials.
Thomas FrankYes, Democrats can prove that America pays more for health care than other countries; yes, they have won the dispute that private health insurance is needlessly expensive. But what they've lost is the argument that we are a society.
Thomas FrankThe Obama administration's plan is to have the Federal Reserve regulate banks that might pose a 'systemic risk' if they were to fail.
Thomas Frank