If there has been a pattern in national politics this year, it has been a rush to enact far-reaching legislation without due deliberation.
That has been seen in various programs to "bail out" companies and "stimulate" the economy. The $787 billion "stimulus" bill was approved before many members of Congress had even read it. The same was true of the "cap and trade" pollution bill approved two weeks ago by the House of Representatives.
Now President Barack Obama is demanding Congress accept a massive health care program, preferably this summer. He also wants a major overhaul of how the government regulates financial institutions.
In addition to the haste with which Obama wants Congress to act, Americans should be concerned about who will be writing the new regulations. Many of them will be drafted by Federal Reserve Board members who have been unable to stop abuses by the likes of Bernard Madoff, even though regulations already in place would have stopped him. Some will be written by lawmakers such as U.S. Rep. Barney Frank and Sen. Christopher Dodd, who helped engineer the mortgage crisis.
Congress should break the pattern - instead of rushing expensive new rules that probably will do nothing but create new layers of bureaucracy into law.