Trajan
conscientia mille testes
it all counts; regs, fees generated there by, payroll hours spent etc etc ...
check out this exchange;
June 8 2011
Has anyone bothered to study the cumulative effect of all [the new Dodd-Frank-mandated rules and regulations the Fed is heaping on the banking industry]? Jamie asked Ben Bernanke in Atlanta yesterday, And do you have a fear, like I do, that when we look back and look at them?...? they will be a reason that it took so long that our banks, our credit, our businesses, and most importantly, job creation started going again?"
Mr Bernanke replied: I cant pretend that anybody really has. .?.?. We dont really have the quantitative tools to do that. But the Fed was trying to produce rules that do not unnecessarily impose costs or unnecessarily constrict credit, he said.
Bankstocks.com
Bernbank is apparently unaware that the gov. is charged with calculating best they can expense of rules etc. as they create them.....unreal.
___________________________________
OP article-
White House Chief of Staff Bill Daley took heat from business executives Thursday for the Obama administrations regulatory expansions. Daley also said he didnt have any good answers for some of what President Obama is doing and expressed frustration about the bureaucratic stuff thats hard to defend.
Sometimes you cant defend the indefensible, Daley said at a National Association of Manufacturers (NAM) meeting.
Daley couldnt answer basic questions and continually faced criticism from the executives in the room. The business leaders even applauded each others criticism of the administration. At one point, the room erupted in applause when Massachusetts utility executive Doug Starrett, his voice shaking with emotion, accused the administration of blocking construction on one of his facilities to protect fish, saying government throws sand into the gears of progress, wrote Peter Wallsten and Jia Lynn Yang in the Washington Post.
Bill Daley | Obama Economic Policies | Bureaucratic Stuff | The Daily Caller
check out this exchange;
June 8 2011
Has anyone bothered to study the cumulative effect of all [the new Dodd-Frank-mandated rules and regulations the Fed is heaping on the banking industry]? Jamie asked Ben Bernanke in Atlanta yesterday, And do you have a fear, like I do, that when we look back and look at them?...? they will be a reason that it took so long that our banks, our credit, our businesses, and most importantly, job creation started going again?"
Mr Bernanke replied: I cant pretend that anybody really has. .?.?. We dont really have the quantitative tools to do that. But the Fed was trying to produce rules that do not unnecessarily impose costs or unnecessarily constrict credit, he said.
Bankstocks.com
Bernbank is apparently unaware that the gov. is charged with calculating best they can expense of rules etc. as they create them.....unreal.
___________________________________
OP article-
White House Chief of Staff Bill Daley took heat from business executives Thursday for the Obama administrations regulatory expansions. Daley also said he didnt have any good answers for some of what President Obama is doing and expressed frustration about the bureaucratic stuff thats hard to defend.
Sometimes you cant defend the indefensible, Daley said at a National Association of Manufacturers (NAM) meeting.
Daley couldnt answer basic questions and continually faced criticism from the executives in the room. The business leaders even applauded each others criticism of the administration. At one point, the room erupted in applause when Massachusetts utility executive Doug Starrett, his voice shaking with emotion, accused the administration of blocking construction on one of his facilities to protect fish, saying government throws sand into the gears of progress, wrote Peter Wallsten and Jia Lynn Yang in the Washington Post.
Bill Daley | Obama Economic Policies | Bureaucratic Stuff | The Daily Caller