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Phil Gomes

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Phil's Blogservations

Thursday, August 06, 2009

Posted by philgomes 11:45 PM
Government to Kneecap Innovation

From The Wall Street Journal:
In the Treasury financial reform proposal, who comes in for more regulatory retooling: Fannie Mae, or your average 14-man venture capital shop? If you said venture capital, you understand why one of America’s greatest competitive advantages is now at risk in Washington.
It's clear to me that government isn't interested in solving problems but, rather, interested in "problems" it can "solve."

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