Statements about Regulation
Says government is a barrier to innovation and development.
The federal government "now tells us which light bulbs to buy."
The financial regulatory bill "will kill jobs."
There are "10 or 20 deaths a year from foodborne illness" in the United States.
New food safety legislation will regulate backyard gardening.
Stabilizing the recent financial crisis "will cost less than 1 percent of GDP," which is less than the 2.5 percent to fix the savings and loan crisis of the 1980s.
Pat Toomey "still supports privatizing Social Security."
"There's a big chunk of the country that thinks that I have been too soft on Wall Street."
Under the new health care law, "all real estate transactions will be subject to a 3.8% Sales Tax"
"In the case of General Motors, the (Bush) administration wrote a check without asking for any conditions of change."
"Oil companies showered regulators (at the Minerals Management Service) with gifts and favors, and were essentially allowed to conduct their own safety inspections and write their own regulations."
A letter from BP to the Minerals Management Service "actually recommends improvements and specific recommendations around safety regulations should they choose to change them."
"Fifteen years ago, the assets of the six largest banks in this country totaled 17 percent of GDP ... The assets of the six largest banks in the United States today total 63 percent of GDP."
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