Moving toward Government Control
Letter to the Editor

Your editorial "Big Pharma Loves Harry Reid" (May 1) misses the real significance of the TV ad you describe. The most disturbing element of both Obama Care and the financial regulatory legislation now before the Senate is that they set up, in different ways, a partnership between the government and the largest companies in a particular industry.

In ObamaCare, the private insurers and pharmaceutical manufacturers have become, through regulation, both a tool of the government and perennial seekers of both more government support and more government leniency--hence the Nevada ad; while in the financial legislation the largest nonbank financial institutions will be both protected by the government and controlled through Federal Reserve regulation and the threat of a break-up.

It's vital to recognize the pattern: The Obama administration is gradually changing the nature of our economy and society by putting government at the center.

Peter J. Wallison is the Arthur F. Burns Fellow in Financial Policy Studies.

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Peter J.
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    FRI
Wednesday, April 23, 2014 | 12:00 p.m. – 1:30 p.m.
Graduation day: How dads’ involvement impacts higher education success

Join a diverse group of panelists — including sociologists, education experts, and students — for a discussion of how public policy and culture can help families lay a firmer foundation for their children’s educational success, and of how the effects of paternal involvement vary by socioeconomic background.

Thursday, April 24, 2014 | 12:00 p.m. – 1:30 p.m.
Getting it right: A better strategy to defeat al Qaeda

This event will coincide with the release of a new report by AEI’s Mary Habeck, which analyzes why current national security policy is failing to stop the advancement of al Qaeda and its affiliates and what the US can do to develop a successful strategy to defeat this enemy.

Event Registration is Closed
Friday, April 25, 2014 | 9:15 a.m. – 1:15 p.m.
Obamacare’s rocky start and uncertain future

During this event, experts with many different views on the ACA will offer their predictions for the future.   

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