Policy Forum 

# The Financial Fix — Limited Purpose Banking 

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Date and Time 

June 8, 2009 12 - 2 PM EDT 

Location 

Auditorium/Wintergarden 

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##### Featuring 

Featuring **John Goodman**, President, National Center for Policy Analysis; and **Laurence J. Kotlikoff**, Professor of Economics, Boston University, and Senior Fellow, National Center for Policy Analysis. With comments by **William Poole**, Senior Fellow, Cato Institute, and Former President, Federal Reserve Bank of St. Louis. Moderated by **William A. Niskanen**, Chairman Emeritus and Distinguished Senior Economist, Cato Institute. 

The Obama administration is expected to propose a comprehensive reform of the American financial system some time in June. Goodman and Kotlikoff find the administration’s financial strategy — fighting each financial fire one by one and rebuilding the old system pretty much as it was — deeply misguided. It treats the symptoms, not the disease, and will leave us financially and fiscally weaker. It is more important to offer a solution based on a simple principle: no one should be able to gamble with other people’s money, including the taxpayers’ money, without their consent.

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