Franklin Delano Bush Pushes a Bad Idea
The Independent Institute

By William F. Shughart II
Contra Costa Times

By signing legislation creating Medicare Part D, George W. Bush became responsible for the most significant expansion of the welfare state since LBJ's Great Society. It turns out, though, that forcing taxpayers to help buy Granny's meds was the proverbial camel's nose of big Republican government. So what was next? The overhaul of financial market regulation announced recently by Treasury Secretary Henry Paulson, which, if adopted, would extend the federal government's reach more so than any policy initiative since the New Deal. (read more)