{"id":10438,"date":"2011-07-13T14:09:45","date_gmt":"2011-07-13T18:09:45","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=10438"},"modified":"2011-07-13T14:09:45","modified_gmt":"2011-07-13T18:09:45","slug":"fed-chairman-admits-not-thinking-about-%e2%80%98cumulative-impact%e2%80%99-of-govt-regulations","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/10438\/fed-chairman-admits-not-thinking-about-%e2%80%98cumulative-impact%e2%80%99-of-govt-regulations\/","title":{"rendered":"Fed Chairman Admits Not Thinking About \u2018Cumulative Impact\u2019 of Govt. Regulations"},"content":{"rendered":"<p>Eric Singer, portfolio manager of Congressional Effect Fund, identifies the single biggest problem with government regulators in his <a href=\"http:\/\/www.investors.com\/NewsAndAnalysis\/Article.aspx?id=578031&amp;p=1\" target=\"_blank\">op-ed for <em>Investor\u2019s Business Daily<\/em><\/a>:<\/p>\n<blockquote><p>JPMorgan&#8217;s Jamie Dimon recently asked Fed Chairman Ben Bernanke if he considered the cumulative impact of each regulation. Bernanke admitted he had not. The ongoing surprisingly bad unemployment numbers confirm that no one in charge is thinking about the cumulative impact of each tiny strangulation of capital and operating capability.<\/p><\/blockquote>\n<p>As Singer correctly concludes, \u201cWe need to go back to basics, cut these Lilliputian ropes and unleash the potential giant economy that is still on its back.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eric Singer, portfolio manager of Congressional Effect Fund, identifies the single biggest problem with government regulators in his op-ed for Investor\u2019s Business Daily: JPMorgan&#8217;s Jamie Dimon recently asked Fed Chairman Ben Bernanke if he considered the cumulative impact of each regulation. Bernanke admitted he had not. The ongoing surprisingly bad unemployment numbers confirm that no [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[581,1955,1918,544,56,300],"class_list":["post-10438","post","type-post","status-publish","format-standard","hentry","category-posts","tag-ben-bernanke","tag-congressional-effect","tag-eric-singer","tag-federal-reserve","tag-government","tag-regulation"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/10438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=10438"}],"version-history":[{"count":4,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/10438\/revisions"}],"predecessor-version":[{"id":10442,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/10438\/revisions\/10442"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=10438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=10438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=10438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}