Featuring Robert A. Levy, Chairman, Cato Institute; Mark Calabria, Director of Financial Regulation Studies, Cato Institute; and Richard Rahn, Senior Fellow, Cato Institute, Chairman, Institute for Global Economic Growth; moderated by Jerry Taylor, Vice President, Cato Institute.
Civil libertarians and constitutionalists have questioned the Obama administration’s use of executive authority. Bob will examine the president’s record in five areas: (1) exercise of legislative power by administrative agencies; (2) excessive use of executive orders; (3) abuse of the treaty power; (4) selective enforcement of federal laws; and (5) surveillance by the National Security Agency.
Today big government is supported by trillions of dollars in borrowing. Mark and Richard will explain that recent policy proposals, such as President Obama’s “MyRA” retirement account and the new liquidity requirement for commercial banks, will serve only to increase demand for government debt. The added debt will facilitate higher levels of spending and foster even bigger government. Mark and Richard will argue that we must reverse this cycle of financial repression if we wish to decrease the size of government.
|11:45 a.m. – 12:00 p.m.||Registration and Reception|
|12:00 – 2:00 p.m.||Policy Forum and Luncheon
President Obama’s Constitutional Record
Robert A. Levy, Chairman, Cato Institute
MyRA, Banking Regulation, and the Return of Financial Repression
Mark Calabria, Director of Financial Regulation Studies, Cato Institute, Formerly senior staff, U.S. Senate Committee on Banking, Housing & Urban Affairs
Richard Rahn, Senior Fellow, Cato Institute, Former Chief Economist, U.S. Chamber of Commerce