Elizabeth Warren (D-Mass.), on the Senate Banking Committee, wants to hold hearings on Goldman Sachs, a banking firm that specializes in investments, securities, and other financial services, because of accusations of fired bank examiner Carmen Segarra with the New York Federal Reserve, the entity that is supposed to provide oversight for Goldman Sachs.
By ignoring basic investment rules, public pension managers have virtually guaranteed that these pension plans will not keep their promises.
According to the Competitive Enterprise Institute’s most recent “Ten Thousand Commandments” report, federal regulations took nearly a two trillion dollar bite out of the U.S. economy in 2013.
So-called “Certificate Of Need” laws in the healthcare sector prevent new competitors from entering the market and reward the current dominant players. It is a corrupt cartel system that prevents innovation and competition, denies consumers choices in healthcare, and guarantees ever-rising prices.
Small cheap robots are doing for small manufacturers what table tablets are doing for fast-food restaurants: making paychecks stretch further.