Less than the Least

Entries from Less than the Least tagged with 'New Deal'

Obama's Populist Turn--Skeel

It’s hard not to think of Franklin Roosevelt (Roosevelt-and-water, perhaps) as President Obama criticizes the Wall Street banks, welcomes Paul Volcker (who argues that the banks should be partially broken up) back into his inner circle, and condemns the Supreme...

More on the Chrysler Bankruptcy--Skeel

Several days ago, I wrote a short post noting some of my concerns about the extent to which the government seems to be commandeering the bankruptcy process in Chrysler as a means of effectuating its auto policy.  This commentary develops...

Weekly Standard Article--Stuntz

Here is the link to a magazine piece I wrote.  The subject is a model of domestic policymaking that is usually ignored in public discussion: Lincoln’s model. While fighting and winning the Civil War, Abraham Lincoln also shepherded through Congress one of...

Stimulus Spending--Stuntz

There is a lot of talk these days about America’s, and the world’s, lurch to the political left.  Seems to me, that talk gets things backward. Given the massive public debt that Congress is creating, in the near future—that is, before...

The Candidates and the Crisis--Skeel

I wasn't among those who were disturbed about the increasingly trivial bickering between Senators McCain and Obama until the tumultuous events in the financial services markets over the past several days. I'm now greatly disturbed, because I fear that a...

Beware of the Home Owner's Loan Corporation Mirage--Skeel

As the Bush administration begins its defense of the new Treasury Department proposal to revamp U.S. financial regulation, Democrats are arguing, rightly in my view, that the more urgent concern should be to directly address the mortgage crisis. Unfortunately,...