Framing the Dialogue

Posts Tagged ‘regulators’

Stamp of Disapproval

“Wanted. Young, skinny, wiry fellows. Not over 18. Must be expert riders. Willing to risk death daily. Orphans preferred.”

That job description for a Pony Express rider would not garner much attention today, but that was the genesis of today’s postal service.  The only qualifications that might match are the age requirement and the need for a driver’s license.  Unlike most people I have respect for the United States Postal Service.  Their troubles have been well documented by both liberals and conservatives as the USPS is a very popular agency to point to regarding the failure of government.

Congress acts, but bank bill has work ahead

In this series I choose a current news article and you decide via a multiple choice format which terms were used and whether others would have been more accurate…….

WASHINGTON — In the end, it’s only a beginning.

The __________ (comprehensive, far-reaching, power grabbing, socialist) new banking and consumer protection bill awaiting President Barack Obama’s signature now shifts from the politicians to the technocrats.

The legislation gives regulators __________( latitude, unlimited power, control, plenty of campaign contributions)  and time to come up with new rules, requires scores of studies and, in some instances, depends on international __________ (approval, loans, agreements, scorn) falling into place.