Assistant Professor of Law, George Mason University
Assistant Professor of Law at George Mason University and senior scholar at its Mercatus Center
PROFILE
J.W. Verret
Guest
FROM J.W. Verret
Which Way, L.A.?
Profits of Doom: Breaking Wall Street's Addiction to Greed President Obama says free enterprise should reward hard work, but that "it does offend our values" when executives get huge bonuses, at the same time their companies are getting taxpayer bailouts to stay alive. So his so-called "pay czar" has cracked down on executive compensation at AIG, General Motors and five other companies.
To the Point
Profits of Doom: Breaking Wall Street's Addiction to Greed President Obama says free enterprise should reward hard work, but that "it does offend our values" when executives get huge bonuses at the same time their companies are getting taxpayer bailouts to stay alive. So his so-called "pay czar" has cracked down on executive compensation at AIG, General Motors and five other companies. At the same time, the Federal Reserve has issued guidelines to discourage short-term risk-taking, prevent pay practices that endanger the long-term health of American banks, and reward long-term successes. Are the real villains being punished? Will unprecedented government interventions protect against another recession or is free enterprise the best protection after all?
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To the Point
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
To the Point
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
To the Point
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.