San Fran. Crime Forces T-Mobile Flagship Store to Close

Luis Cornelio
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San Fran. Crime Forces T-Mobile Flagship Store to Close

(Luis Cornelio, Headline USA) T-Mobile has become the latest corporation to relocate away from San Francisco’s downtown district over skyrocketing crime rates in the California city.

In statements to the news, a spokesperson for T-Mobile told Fox News that the corporation “recently reshared our nationwide retail strategy to better care of customers.”

The T-Mobile flagship store is in the Union Square neighborhood and will soon direct customers to other locations in the region, the SFGate reported Monday.

“This includes plans we’ve made in this area and a few others to move away from the Signature Store format in some cities to instead serve customers through a nearby Experience store,” the spokesperson claimed. 

T-Mobile joined a dire list of 19 corporations that have left the downtown area because of rampant violent crime and woke prosecutors’ unwillingness to prosecute cases, which inflicted several economic repercussions on the city. 

Nordstrom, Office Depot, Saks off 5th, Whole Foods and Banana Republic are among the several companies that fled the downtown area, according to a list compiled by Business Insider. 

According to the SFGate, Nordstrom store executive Jamie Nordstrom said in a statement that “the dynamics of the downtown San Francisco market have changed dramatically over the past several years, impacting customer foot traffic to our stores and our ability to operate successfully.”

A spokesperson for Unibail-Rodamco-Westfield, the parent company of the Westfield Mall, where Nordstrom was located, said that several stores were shutting down because of “unsafe conditions.”

“A growing number of retailers and businesses are leaving the area due to the unsafe conditions for customers, retailers, and employees, coupled with the fact that these significant issues are preventing an economic recovery of the area,” the spokesperson continued.

The news prompted a flurry of tweets from several conservatives, including from freshman Rep. Kevin Kiley, R-Calif., who said, “The home of Newsom and Pelosi is in absolute free fall.”

Sen. Tim Scott, R-S.C., said woke policies are at the heart of the the downfall of the downtown area of San Francisco.

Professor Pedro Domingos tweeted Saturday that “San Fracisco is dying,” also posting a graph of how many stores had shut downed.

“If you want to ruin America, you’d defund law enforcement,” Scott said last month. “The far Left did exactly that in San Francisco and families are paying the price.”

The View’s Navarro Claims Hispanics, Blacks Could Be White Supremacists

Luis Cornelio
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The View’s Navarro Claims Hispanics, Blacks Could Be White Supremacists

(Luis Cornelio, Headline USA) Ana Navarro, the self-proclaimed Republican co-host of The View, is under fire after making a controversial remark claiming that Latinos and blacks could also be white supremacists. The embattled host’s comments were made during a segment involving the nationality of the gunman who savagely killed eight individuals before being gun downed by an office at Allen Premium Outlet Mall in Texas.

Some legacy outlets, including the Washington Post, rushed to claim, without evidence, that Mauricio Garcia posted hateful messages against Jews and people of color before taking to the mall to commit the heinous act. Navarro, known for her incendiary comments against conservatives, echoed the same outlandish remarks, which have yet to be confirmed by local law enforcement.

“We all have to remember that the head of the Proud Boys, his name is Enrique Tarrio; the Proud Boys is a white nationalist group,” Navarro said. “Look, being Hispanic or being black does not, or being anything, does not make you immune from being racist, from being radicalized, from being a white supremacist, from being evil, from being homicidal. And we are seeing it over and over again. There are people who, they don’t see themselves as what they are.”

Co-host Sunny Hostin said the allegations were “bizarre” and called on the FBI to crack down on the racially motivated attacks.

“But this shooter who happened to be Hispanic and Latino, which is bizarre to me, had a White supremacy moniker on him,” Hostin said. “So, Christopher Wray, these are not my words, so people don’t start with the ‘I’m a race baiter crap.’ Christopher Wray said that the biggest threat to our democracy is White supremacy and domestic terrorism. He testified before Congress.”

The co-host referred to several remarks by FBI Director Way who said that racially motivated threats accounted for most of the federal agency’s work on terrorist threats.

“Within the domestic terrorism bucket, the category as a whole, racially motivated violent extremism is, I think, the biggest bucket within that larger group,” Wray claimed in testimony before the House Homeland Security Committee in 2020. “And within the racially motivated violent extremist bucket, people subscribing to some kind of white supremacist-type ideology is certainly the biggest chunk of that.”

Navarro took to Twitter to double down on her claims, writing “WHERE IS THE LIE? The former leader of the Proud Boys, Enrique Tarrio, convicted last week of seditious conspiracy, is Afro-Latino,” the host continued, also adding that, “Having Hispanic blood or Black blood does not mean you cannot fancy yourself a white-nationalist, and spread hate.”

Biden Vows to Veto GOP Effort to Stop Illegals from Swarming Border on Thursday w/ Title 42 Demise

Mark Pellin
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Biden Vows to Veto GOP Effort to Stop Illegals from Swarming Border on Thursday w/ Title 42 Demise

(Mark Pellin, Headline USA) As groups of illegal aliens amass on the southern border ready to storm the U.S., President Joe Biden has vowed to veto GOP legislation that would strengthen immigration policies and avert the chaos expected to erupt when a Trump-era policy is set to expire on Thursday.

The U.S. House is slated to vote the same day on a immigration bill that would codify many of the Trump-era border security programs, including the former president’s “Remain in Mexico” policy, which required immigrants to stay in Mexico instead of being released with future court dates while cycling through the asylum process.

In response to the eminent demise of Title 42, which was originally enacted during the COVID pandemic allowing the U.S. to swiftly expel migrants for health concerns, Republicans have proposed H.R. 2, the Secure the Border Act of 2023, legislation that would revive “Remain in Mexico” policy and also force the Biden administration to resume construction of the Trump-era border wall.

The bill, which has been in the works since Republicans regained majority-control of the House, would also mandate the use of E-Verify for hiring employees and only permit acceptance of asylum claims from immigrants who crossed the border legally. The legislation also directs more money for border security technology, while increasing the number of Border Patrol agents and provide them bonus pay.

Biden has already vowed to veto the bill, even as U.S. Border Patrol Raul Ortiz has conceded loss of operational control of the southern border and there is widespread, bipartisan concern that upwards of 700,000 immigrants are amassing on the border waiting for Thursday’s expected surge.

“The crisis at our Southern border is among the gravest threats to U.S. national security in our history,” said Rep. Mario Diaz-Balart, R-Fla., who co-sponsored the legislation, which is expected to pass the House.

“For the last two years, President Biden and his Administration have entirely neglected the escalating crisis at our border, and their lack of action has ceded all control to narco-terrorist cartels, who are now among the most powerful in deciding who comes into our country and at what price.”

In vowing to veto any GOP legislation centered on securing the border, the White House declared that the Secure the Border Act “does nothing to address the root causes of migration, reduces humanitarian protections, and restricts lawful pathways, which are critical alternatives to unlawful entry.”

The lawlessness at the southern border under the Biden regime’s misguided policies have led to increased humanitarian abuses, Diaz-Balart said.

“President Biden promised a more ‘humane and fair’ immigration policy, but there is nothing humane about the nearly 900 individuals who died last year making their way into the United States. There is nothing humane about the 300 Americans who die daily from fentanyl poisoning that is brought in through our southern border,” Diaz-Balart said.

“There is nothing humane about the women and children abused, raped, and killed by cartels. There is nothing humane about unaccompanied minors being exploited and ending up in some of the most punishing jobs in the country.”

Border Patrol officials estimate that more than 5 million illegal aliens have crossed the border into the U.S. during Biden’s tenure. Last week alone, Ortiz reported nearly 55,000 illegal immigrant apprehensions, in addition to nearly 19,000 “gotaways.” Two agents were assaulted, while Border Patrol seized 101 pounds of cocaine, 2,721 pounds of meth and 138 pounds of fentanyl.

Ortiz updated those numbers on Monday, reporting an additional  26,382 apprehensions and an estimated 7,400 “gotaways.”

Biden last week ordered 1,500 active-duty U.S. troops to the border, but they are designated basically for bookkeeping and not law enforcement. That has reportedly prompted Texas Gov. Greg Abbott to deploy the state national guard’s Texas Tactical Border Force.

In addition to 10,000 Guard troops, Abbott has also ordered Black Hawk helicopters and C-130s to be readied for operations, as the state braces for an invasion of illegals when Title 42 ends on Thursday, the same day Biden has vowed to veto the GOP’s Secure the Border Act.

“President Biden’s open-border policy is a national security & humanitarian crisis,” tweeted House Speaker Kevin McCarthy, R-Calif., who declared that the GOP legislation “would restore sanity, safety, and security at our borders.”

Conservative TV Star Scott Baio Run Out of Calif. by Homeless Crisis

Contributing Author
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Conservative TV Star Scott Baio Run Out of Calif. by Homeless Crisis

(Headline USA) Sitcom star Scott Baio announced last week that he is leaving California, citing out-of-control homelessness and soaring crime rates.

“After 45 years, I’m making my way to finally ‘exit stage right’ from California,” the Happy Days actor said in a tweet. “[Homelessness] brings down property value. Also no consequences for crime that is rampant, making things higher in price and it’s just not a safe place anymore. #ImFree.”

Baio quipped that his fellow Californians won’t “miss his ‘right-wing’ views,” but “they’ll certainly miss the high taxes I pay!”

Baio joins a growing exodus out of California, which has included several other high-profile figures, such as actor Matthew McConaughey, podcast host Joe Rogan and actor Mark Wahlberg.

Rogan announced in 2020 that he was leaving California for Texas, similarly citing concerns about the state’s crime rates and excessive taxes.

“I’m out of here,” Rogan said. “I’m going to go to Texas. I just want to go somewhere in the center of the country, somewhere where it’s easy to travel to both places and somewhere where you have a little bit more freedom.”

Rogan said California’s problems have grown so bad that they are now “unmanageable.”

“You look at the economic despair, when you look at the homelessness problem that has accelerated radically over the last [10 years], I think there are too many people here,” he said.

In total, more than 500,000 people fled California between April 2020 and July 2022.

The Bay Area continues to experience the largest losses in population, according to the state’s Finance Department. The northern California metropolitan lost 35,000 residents in 2022. San Francisco suffered the largest population loss among the region’s city, losing more than 5,300 residents.

REPORT: DOJ Has Been Sitting on Biden Bribery Allegations Since 2018

Contributing Author
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REPORT: DOJ Has Been Sitting on Biden Bribery Allegations Since 2018

(Headline USA) The Justice Department has known of allegations made against then-Vice President Joe Biden for allegedly accepting a bribe from a foreign national since 2018, according to a report.

Bud Cummins, a former federal prosecutor, first reported the allegations that Biden had accepted money from a foreign national in exchange for a policy decision to then-New York U.S. Attorney Geoff Berman on Oct. 4, 2019, an email between the two officials revealed. 

The email, obtained by John Solomon’s Just The News, shows Cummins informing Berman that Ukraine’s then-Prosecutor General Yuriy Lutsenko wanted to travel to the U.S. to meet with Berman. Cummins also said Lutsenko could provide two “John Doe” witnesses to corroborate the bribery claims against Biden and other members of the Biden family.

“There is a claim they have proof of a wire of significant funds from Zlochevsky to Rosemont Seneca Partners LLC which they claim directly went to the benefit of Joe Biden,” Cummins wrote in the email. “I have never understood why they think they know it went to him. I think the entity was associated with Hunter Biden and Archer.”

But Berman never responded, according to Cummins.

Cummins then wrote to Berman again, reminding him of the allegations.

“All I have been told is that the person who made the transfers was told that ‘one goes to Joe Biden.’ A little thin,” Cummins wrote.

Still, Cummins received no response from Berman. Cummins said he believes the investigation was deliberately “stone-walled.”

“I can’t really imagine a legitimate reason for the DOJ not to follow up on an offer like that,” he said. “I felt like it was stonewalled.”

Moreover, Cummins accused the Justice Department of “retaliating” against him issuing a grand jury subpoena to Apple to secretly obtain data from his iPhone in 2019.

“It doesn’t make much sense to investigate the guy who brings you the allegation rather than the allegation,” he said.

STUDY: Recycling Backfires, Causes Millions of Pounds of Microplastic Pollution per Year

Abdul-Rahman Oladimeji Bello
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STUDY: Recycling Backfires, Causes Millions of Pounds of Microplastic Pollution per Year

(Abdul–Rahman Oladimeji Bello, Headline USA) A recent study on recycling by ScienceDirect led to the discovery of heavy microplastic pollution, in another case of radical climate policies that have produced harmful environmental and social impacts, leading to additional hazards instead of providing solutions. 

A report by Artechnica noted that the plastic waste in the United States is about 5%, most of which is landfilled or incinerated. However, the study by Science Direct noted that these plastics can still shatter into smaller parts and pollute the water and air, even after making it to the recycling center. 

Science Direct’s study focused on a new facility where plastic waste is sorted and recycled. The plastics are washed several times in this recycling process, shedding off microplastic particles, usually smaller than 5 millimeters, into the plant’s wastewater. After filtration, the study calculated that the washes could produce about 75 billion particles per cubic meter of wastewater, eventually flushed into the water systems or the environment. 

Erina Brown, the plastics scientist who led the research at the University of Strathclyde, noted that plastic recycling might be of more harm than good. 

“It seems a bit backward, almost, that we do plastic recycling in order to protect the environment and then end up increasing a different and potentially more harmful problem,” she said. 

Judith Enck, the president of Beyond Plastics and a former US Environmental Protection Agency regional administrator, agreed with Brown. “It raises some very serious concerns,” he said. “And I also think this points to the fact that plastics are fundamentally not sustainable.”

Kara Pochiro, a spokesperson for the Association of Plastic Recyclers, noted in a statement provided to WIRED that recycling is regulated like any other industrial process in the US.

“The recycling plant works closely with the local municipality to ensure the wastewater conforms with the capacity and quality required for the local sewer treatment facility,” Pochiro said. “When it is either economically or technically required, the recycling plant will install a water pre-treatment plant that partially treats the water in order to remove some of the burdens from the municipal plant.”

The report added that the full extent of the problem is unknown as the study observed only one facility. However, Steve Allen, a microplastics researcher at the Ocen Frontiers Institute, asked, “It is a state-of-the-art plant, so it doesn’t get any better. If this is this bad, what are the others like?”

Russian Men ‘Change Gender’ To Avoid Military, Getting Killed in Ukraine

Dmytro "Henry" Aleksandrov
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Russian Men ‘Change Gender’ To Avoid Military, Getting Killed in Ukraine

(Dmytro “Henry” Aleksandrov, Headline USA) Russian men are reportedly using a trans loophole that allows them to not get drafted and go to war in Ukraine, while Russian authorities try to prevent them from doing it.

Since Russia invaded at the beginning of 2022, Ukraine has lost 193,000 of its soldiers, with additional 570,000 invaders sustaining injuries that are severe enough for them to be sent back home, according to Red State. Those Russian men who were not able to leave the country — like an estimated 700,000 Russians did previously — try to use any possible loopholes to avoid dying in a foreign land.

One of those loopholes is “identifying” as a woman and Russia’s parliament is expected to tighten regulations so that men in the country ant be able to skirt military service pretending to be women.

Even though Vladimir Putin claims to be against the “rights” of sexual deviants, so far Russian laws allow people to “change their gender” based solely on how they “identify,” but the government officials want to change that.

“Amendments will soon be introduced in the State Duma to officially ban gender reassignment without surgery,” the head of the Duma Committee on Family, Women and Children’s Affairs said.

According to Vyacheslav Volodin, the speaker of the State Duma, there have been more than 2,700 cases of the so-called “gender reassignments” over the past few months.

“Decisions can be made in private clinics. A man gets up in the morning and decides for himself that he is no longer a man, but a woman,” he said.

“He goes to a paid clinic – the service costs from 30,000 to 60,000 rubles [between $386 to $772] – receives a certificate and with this certificate goes further to the registry office, to the passport office to change his last name, first name and patronymic.”

Another Russian politician and supporter of the bill, Nina Ostanina, also acknowledged that the war started by Russia led to a rise in so-called “transgender identification.”

“Both the Justice Ministry and MPs have concerns regarding the increasing number of gender-marker changes,” she said. “It seems that many who didn’t have time to escape to Georgia or Kazakhstan hurried to private clinics to complete the necessary paperwork.”

Tucker Carlson: Members of Congress Are Controlled by Intelligence Agencies

Ken Silva
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Tucker Carlson: Members of Congress Are Controlled by Intelligence Agencies

(Ken Silva, Headline USA) Former Fox News host Tucker Carlson said recently that he has first-hand knowledge of certain “high-ranking” members being bought and paid for by U.S. intelligence agencies.

“There are members of Congress who are controlled by the Intel Agencies. I’m not speculating on this. I lived there for 35 years. I know this,” Carlson told former congresswoman Tulsi Gabbard in an interview circulating online.

Carlson said he had dinner with a “head” of the House Intelligence Committee, who told him this.

“He had been drinking, and said, ‘We have to talk about this.’ I said, ‘I’ll text you,’ and he said, ‘I can’t text … because the NSA reads my texts,’” Carlson told Gabbard.

“I said, ‘You’re the head guy of the intel oversight committee. You’re their boss. He said, ‘Yeah, well they’re still spying on me.’”

Carlson’s claims have a strong basis in fact.

When Sen. Diane Feinstein launched an investigation into the CIA torturing Muslims in the wake of 9/11, she soon found that the CIA was monitoring her committee.

“I have grave concerns that the CIA’s search may well have violated the separation-of-powers principles embodied in the United States Constitution, including the speech-and-debate clause,” Feinstein said in 2014. “Besides the constitutional implications, the CIA search may also have violated the Fourth Amendment [and] the Computer Fraud and Abuse Act.”

The CIA’s spying may have been successful, as a full copy of the Feinstein committee’s torture report has never been released.

Headline USA is also aware of a case where the FBI was spying on a politician. Former FBI special agent William McGrath told this publication that he resigned from the bureau when his superiors improperly tried to have an informant record a phone call with a prominent New York politician. McGrath declined to name the public official on the grounds that he was never charged with a crime, but said the person is still in politics and holds a more prominent position today than he had in 1997.

McGrath is still trying to have Congress and DOJ officials investigate this. He recently told Headline USA that the FBI’s Inspection Division is reviewing his complaint about the matter.

Ken Silva is a staff writer at Headline USA. Follow him at twitter.com/jd_cashless.

Biden Wages War on Small Businesses for National Small Business Week

Wire Editor
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Biden Wages War on Small Businesses for National Small Business Week

(By Alfredo Ortiz, RealClear Wire) President Biden claimed to support small businesses during National Small Business Week, but his actions spoke louder than words. Biden is waging war on small businesses, hitting them hard with new regulations, taxes and inflation.

At the same time Biden gave his pro-small business remarks, First Republic Bank crashed in one of the biggest bank failures in American history due to Biden’s bad policies. As with the recent failures of Silicon Valley Bank and Signature Bank, First Republic buckled under the weight of plummeting asset values due to the Federal Reserve’s rapidly raised interest rates to fight Bideninflation.

The banking crisis is limiting access to credit for small businesses, preventing them from operating at capacity or expanding. Small banks, which make 60% of small business loans and 80% of farm loans, are especially vulnerable as depositors flee for big banks in a perceived flight to safety. Biden and Democrats don’t seem to care. They want more government control over a far fewer number of banks.

The lack of access to credit is only one front in Biden’s war on small businesses. Biden’s reckless spending has fueled historic and prolonged inflation that’s eroded small businesses’ already thin profit margins. Inflation under Biden’s presidency exceeds 15%, meaning entrepreneurs who can’t raise their prices are one-sixth poorer under Biden.

Sensible legislation passed by the House of Representatives last week to rein in this inflationary spending and help small businesses has been rejected by Biden and his fellow Democrats.

Biden is also stepping up his regulatory assault on small businesses. He is pursuing labor regulations that would make becoming an independent contractor or franchisee more difficult. And he is pushing environmental regulations that raise the cost of energy and transportation — two significant small business input costs. For instance, Biden’s EPA recently announced regulations to require two-thirds of new cars to be electric in only nine years.

Finally, Biden is trying to pass massive tax hikes on small businesses. In his recent budget, Biden proposes raising the tax rate on small businesses structured as corporations by one-third. He promises to extend and expand the Obamacare investment surcharge tax to small business income. And he wants to return the top marginal tax rate to 40%.

These tax hikes would transfer money from Main Streets across the country where it is needed to Washington D.C., where it would be spent on big government programs of little to no value.

Job Creators Network’s American Small Business Prosperity Plan fights back in an effort to bring Main Street back. Each of the plan’s eight proposed policy provisions, co-developed with former Speaker of the House Newt Gingrich, enjoys over 70% support from American small business owners. Three of the plan’s provisions, ending reckless spending, regulatory relief, and work requirements for welfare, were passed in last week’s House legislation.

One of the most critical aspects of this plan, which policymakers should take up next, is making the Tax Cuts and Jobs Act permanent. This 2017 legislation implemented numerous tax breaks for small businesses, including the ability to deduct 20% of their income. These tax cuts allow small businesses to operate on a level playing field with their big business and international competitors.

However, without Congressional action, these small business tax cuts have begun to expire and will fully expire after 2025. Congress must act now so small businesses can make their financial and investment plans today.

Making small business tax cuts permanent can help small businesses threatened by banking collapses and the Biden administration’s war on small business. There’s no better time for legislators to make such a commitment than during National Small Business Week.

New Fed Report Holds a Clue on Why Banks Are Collapsing

Wire Editor
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New Fed Report Holds a Clue on Why Banks Are Collapsing

(By Jon Miltimore, FEE) Federal regulators recently seized the struggling First Republic Bank on Monday, which they promptly sold to JPMorgan Chase. Reports show First Republic had some $230 billion in financial assets which quickly evaporated, making it the second largest bank collapse in US history, exceeding the recent bankruptcies of Silicon Valley Bank and Signature Bank.

You read that correctly—three of the four largest bank collapses in US history have occurred in the last 60 days. The events naturally have raised questions about the strength and durability of the US banking system. Confidence appeared weak. The KBW Regional Banking Index saw shares hit an annual low as investors fled from regional bank stocks.

That something is wrong in the US financial sector is apparent, but few agree on the source of the affliction. Some blame banks for going “woke”, while others point to Federal Reserve policies. Others call out the failure of regulators and bank auditors.

One possible cause for the financial reckoning has gone largely unnoticed, though it was buried in a Federal Reserve report.

While the conventional wisdom is that banks simply need to be regulated harder, a report from the Fed’s board of governors suggests banks are already struggling to navigate a labyrinth of federal rules and regulations. This was particularly true of SVB, which had experienced rapid growth in recent years, causing it to “move across categories of the Federal Reserve’s regulatory framework.”

That framework, the Fed dryly notes, “is quite complicated.” (Indeed.) And the report makes it clear that SVB was spending a lot of time and money on consultants trying to navigate this framework “to understand the rules and when they apply, including the implications of different evaluation criteria, historical and prospective transition periods, cliff effects, and complicated definitions.”

Ultimately, the Fed points the finger squarely at SVB in its postmortem, not government regulations.

“Silicon Valley Bank’s board of directors and management failed to manage their risks,” the report states. “Supervisors did not fully appreciate the extent of the vulnerabilities as Silicon Valley Bank grew in size and complexity.”

That SVB bears the most blame for its demise is true, as I’ve explained. But the Fed’s report sheds new light on why SVB wasn’t as focused on managing its risk as it should have been.

“It’s clear SVB found it challenging to deal with an overly complicated regulatory framework being pushed by the Fed, which included a new focus on climate change risk assessment and cultural issues, such as fairness and equity,” Stephen Dewwey, a retired federal financial regulator, tells me. “That is time and resources the bank could have spent analyzing interest rate risk and prudent management of its balance sheet.”

Although the Fed owns up to some of its own regulatory impotence during the collapse, it mostly passes the buck onto SVB. Worse, the central bank cites SVB’s collapse as a reason to give regulators more control over the financial system. This might sound ludicrous given the Fed’s recent failures, yet it’s precisely what we should expect.

“An iron law of the modern administrative state is that the solution to regulatory failure is always to give regulators more power,” the Wall Street Journal’s editorial page noted.

This phenomenon is what Austrian economist Ludwig von Mises described in his historic 1950 address “Middle-of-the-Road Policy Leads to Socialism.” Mises understood that not all countries adopt socialism through bloody revolutions. Some arrive there slowly, through a process he describes as “interventionism,” which is viewed as a middle way between “unbridled capitalism” and socialism.

The problem is, these interventions—price controls, labor standards, consumer protections, etc.—come with costs and often create market problems. When these problems arise, regulations rarely are lifted. On the contrary, the “free market” is often blamed, and more intervention is demanded.

“As a remedy for the undesirable effects of interventionism they ask for still more interventionism,” Mises observed. “They blame capitalism for the effects of the actions of governments which pursue an anti-capitalistic policy.”

This is precisely what is happening today with the banking crisis. Instead of blaming the government’s byzantine regulatory framework or the Fed’s monetary schemes—which no doubt are even more to blame—bureaucrats say they simply need more control.

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