A Charge To Keep: on Corporations


Federal government should stay out of the marketplace

I was deeply concerned about the drift toward a more powerful federal government. I was particularly outraged by two pieces of legislation, the Natural Gas Policy Act and the Fuel Use Act. It seemed to me that elite central planners were determining the course of our nation. Allowing the government to dictate the price of natural gas was a move toward European-style socialism. If the federal government was going to take over the natural gas business, what would it set its sights on next?
Source: "A Charge to Keep", p.172-173 Dec 9, 1999

Stop hurting business with excessive punitive damage awards

Punitive damages have nothing to do with a victim's actual damages. They are intended to punish a defendant for extraordinarily negligent or malicious behavior. But too often, that was not how they were being used; they were being used to terrorize small-business owners and force higher and higher out-of-court settlements. Punitive damages of tens of millions of dollars became all too common, even when the dispute involved actual damages that were much smaller.
Source: "A Charge to Keep", p.117 Dec 9, 1999

  • The above quotations are from A Charge To Keep: My Journey to the White House, by George W. Bush.
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