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Take regulatory forbearance.
But this kind of regulatory forbearance is hardly new.
An equally common tactic has been regulatory forbearance.
Why isn't there more in the way of formal regulatory forbearance right now?
A few more examples of such regulatory forbearance and perhaps business will get the message.
Regulatory forbearance, in the same way, is not just likely, it is required.
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We find that accommodating policies such as blanket deposit guarantees, open-ended liquidity support, repeated partial recapitalizations, debtor bail-outs and regulatory forbearance all tend to add significantly and sizably to fiscal costs.
"There is broad consensus on the need for significant forbearance if reclassifying the regulatory status of broadband Internet access service," Comcast wrote.
"Accounting forbearance, for example, could artificially boost regulatory capital levels at troubled big banks.
But it would also enshrine in law the kind of forbearance that Wheeler had pledged, expressly prohibiting the FCC from setting rates and engaging in all manner of other regulatory activities that the ISP camp worried about under Title II.
Can such forbearance last?
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