This week, the House passed a bill that imposes further regulations on financial firms - on executive pay which is bad enough in itself, and to add insult to injury, on the way those firms and employees do business. The bill is "aimed at preventing financial firms from adopting compensation systems...
Posted to
AIP Blog
by
Despina Karras
on
08-02-2009
Filed under:
Filed under: economy, capitalism, free market, business concerns, investors, economic crisis, regulation, government, economics, federal government, action, government intrusion, government expansion
Warren Buffett, the world's richest man and a vocal supporter of Barack Obama , thinks the pending cap and trade legislation would further stunt economic growth. BECKY : You said you didn't like cap and trade especially in this economy though, because it puts a tax on people. BUFFETT : I think...