WPost on McCain's History of Support for Deregulation
Expect to hear a lot about this from the Obama campaign over the next few weeks.
See the front page article at today's Washington Post, detailing McCain's reaction to the Wall Street bailout. As the article reports, before McCain was for regulation and "reforming Wall Street," he was a leader against it.
In 2007, he told a group of bloggers on a conference call that he regretted his vote on the Sarbanes-Oxley bill, which has been castigated by many executives as too heavy-handed.
In the 1990s, he backed an unsuccessful effort to create a moratorium on all new government regulation. And in 1996, he was one of only five senators to oppose a comprehensive telecommunications act, saying it did not go far enough in deregulating the industry.
As chairman of the Senate Commerce Committee for more than a decade, McCain did not have direct oversight of the financial sector. But he sat at the center of arguments between telephone, cable and satellite companies, almost always pressing for more competition.
"I'm always for less regulation," he told the Wall Street Journal in March. He added: "I'd like to see a lot of the unnecessary government regulations eliminated."
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Rwanda is pioneering the regulation and use of drones - such as delivering blood
Even the optimists among us would have to admit 2018 was a challenging year. The fractured world that became the focus of our 2018 Annual Meeting a year ago came under further pressure from populist rhetoric and rising nationalist agendas. At the same time, the urgent need for coordinated global action in areas such as climate change, inequality and the impact of automation on jobs became more intense.
Research by neuroscientists at MIT's Picower Institute for Learning and Memory helps explain how the brain regulates arousal.
The big day has come: You are taking your road test to get your driver's license. As you start your mom's car with a stern-faced evaluator in the passenger seat, you know you'll need to be alert but not so excited that you make mistakes. Even if you are simultaneously sleep-deprived and full of nervous energy, you need your brain to moderate your level of arousal so that you do your best.
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