State Regulation Quotes

AIG’s failure was possible because of the sweeping deregulation of over-the-counter (OTC) derivatives, including credit default swaps, which effectively eliminated federal and state regulation of these products, including capital and margin requirements that would have lessened the likelihood of AIG’s failure. The OTC derivatives market’s lack of transparency and of effective price discovery exacerbated the collateral disputes of AIG and Goldman Sachs and similar disputes between other derivatives counterparties. AIG engaged in regulatory arbitrage by setting up a major business in this unregulated product, locating much of the business in London, and selecting a weak federal regulator, the Office of Thrift Supervision (OTS).

Of all the numerous forms that governments have taken over the centuries, of all the concepts and institutions that have been tried, none has succeeded in keeping the State in check. The problem of the State is evidently as far from solution as ever.

The Left have always preferred the state to the family.

There is only one state in the nation that has no fire code: Texas. There is only one state in the union whose laws prohibit their counties to have a fire code: Texas.

If ... the taking over the tobacco trade by the state was socialistic, Napoleon and Metternich would rank among the founders of Socialism.

The Road To Serfdom was written during WWII, and basically it's an anti-Nazi, anti-communist thing, but also it's an anti-Conservative and anti-Labor-party thing aimed at the British. He was an Austrian, writing in Britain. And I feel like now, I guess, everybody pays lip service to libertarian - and, indeed, many conservative - ideas, and yet they keep moving forward with an increasingly bureaucratic state. It shows itself in all sorts of little ways.

Where a trust becomes a monopoly the state has an immediate right to interfere.

For more than a century, states have sought to protect the integrity of the democratic process at the state and local level by regulating corporate spending in elections.

The state has no place in the nation's bedrooms.

Ask not why Europe doesn’t regulate digital companies more. Ask why Europe doesn’t have more of its own digital companies to regulate.

It is absolutely right for the state to define the rights and status of people cohabiting in different forms of relationships, including civil partnerships.

All religions in France are subject to the rules of secularism.

Most countries choose to have government run the economy.

The absence of effective State, and, especially, national, restraint upon unfair money-getting has tended to create a small class of enormously wealthy and economically powerful men, whose chief object is to hold and increase their power. The prime need is to change the conditions which enable these men to accumulate power which is not for the general welfare that they should hold or exercise. We grudge no man a fortune which represents his own power and sagacity, when exercised with entire regard to the welfare of his fellows.

If you do not want the State to act like a criminal, you must disarm it as you would a criminal; you must keep it weak. The State will always be criminal in proportion to its strength; a weak State will always be as criminal as it can be, or dare be, but if it is kept down to the proper limit of weakness - which, by the way, is a vast deal lower limit than people are led to believe - its criminality may be safely got on with.

Government planning always involves compulsion.

We are all socialists now, it seems. John McCain, David Cameron and Gordon Brown attack bankers' irresponsible behaviour and salaries, and call for state intervention in the financial markets. But these calls will not get them elected or re-elected if they are addressed only to the banking sector.

How much should the state be involved in regulating the growth in communities when you already have a county doing it, or a city doing it?

My own personal view is that people ought to have the right to enter into any kind of relationship they want to enter into. With respect to how that's affected or regulated by the State, those are State decisions. Different States are likely to make different decisions based upon their own wishes and desire of the people of the State, and that's perfectly acceptable.

Collective bargaining has always been the bedrock of the American labor movement. I hope that you will continue to anchor your movement to this foundation. Free collective bargaining is good for the entire Nation. In my view, it is the only alternative to State regulation of wages and prices - a path which leads far down the grim road of totalitarianism. Those who would destroy or further limit the rights of organized labor - those who would cripple collective bargaining or prevent organization of the unorganized - do a disservice to the cause of democracy.

Limits begin to operate whenever activities begin to affect or collide with liberties of others or of the public. Religious activities which concern only members of the faith are and ought to be free -- as nearly absolutely free as anything can be. But beyond these, many religious denominations or sects engage in collateral and secular activities intended to obtain means from unbelievers to sustain the worshippers and their leaders. They raise money not merely by passing the plate to those who voluntarily attend services or by contributions by their own people, but by solicitations and drives addressed to the public by holding public dinners and entertainments, by various kinds of sales and Bingo games and lotteries. All such money-raising activities on a public scale are, I think, Caesar's affairs, and may be regulated by the state so long as it does not discriminate against one because he is doing them for a religious purpose and the regulation is not arbitrary and capricious, in violation of other provisions of the Constitution.

It has been a long fight to put the control of our economic system in the hands of the government.

Like most other states, Illinois has little regulation of the economic interests of legislators and relies on public disclosure to keep the lawmaking honest.

The state is not competent in artistic matters... When the state leaves us free, it will have carried out its duty.

The U. S Government must not, as by this order, undertake to run the Churches. When an individual in a church or out of it, becomes dangerous to the public interest, he must be checked; but the churches, as such, must take care of themselves. It will not do for the U. S. to appoint trustees, supervisors or other agents for the churches.