The Moderate Republican: Big Brother Banking

What the Moderate Republican Stands For

Republicans came to power as the party of big ideas, and without returning to that model they could be looking at a long winter. Additionally, those big ideas need to focus on Middle America. Three issues that could work are conservation, reform and localism.

Conservation- a return to the Teddy Roosevelt model of conservation. One doesn’t necessarily have to buy into global warming to appreciate the need to protect the natural resources we have.

Reform- the federal government is bigger than ever, and won’t be getting any smaller over the next four years. Republicans need to fashion themselves as national reformers. Much of Middle America wants the government as safety net, but bloated bureaucracies breed corruption that needs to be dealt with.

Localism- this is the lynchpin that brings it all together. If we bought our food locally, shopped locally, governed locally, many of the issue we now have to deal with would go away, or at the least become manageable.

Below is a collection of writers who speak about the things that matter. Some are Right, some Left and some Center, but all intelligent and rational voices.

I understand the feeling behind the administrations new move in regards to banker compensation. After all it doesn't look good when banks that received billions in bailout funds are now dolling out multimillion dollar bonuses. However, this is a frightening overstep.

The Treasury and the Federal Reserve unveiled a set of rules for executive compensation at American banks.

Fed Chairman Ben Bernanke said the central bank "is working to ensure that compensation packages appropriately tie rewards to longer-term performance and do not create undue risk for the firm or the financial system."

Most concerning? The fact that these rules would apply to all banks and not just those who received bailout funds.

The Moderate Republican

What the Moderate Republican Stands For

The American Conservative » Rod Dreher

Via Meadia

Front Porch Republic

David Brooks

The Soap Box

Big Brother Banking

0 comments: