Al Gore’s 1984, Intel’s Antitrust Fine and Cap and Trade’s Economic Consequences
A new video from CEI parodies Apple Computer’s famous ‘1984’ TV ad with Al Gore and his global warming theories as Big Brother.
The European Union fines Intel $1.4 billion for allegedly violating antitrust regulations.
An administration memo leaked to Congress details the “serious economic consequences” of regulating greenhouse gas emissions.
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1. CULTURE
A new video from CEI parodies Apple Computer’s famous ‘1984’ TV ad with Al Gore and his global warming theories as Big Brother.
CEI Expert Available to Comment: General Counsel Sam Kazman on the ominous implications of Gore’s ideology:
“It is especially ironic that Al Gore serves on the Apple Computer’s board of directors. Here’s the company that, 25 years ago, warned us of the dangers of a ‘1984’ Orwellian mentality regarding computers, and on its board is the man most likely to lead us in a new ‘1984’ regarding energy use.”
2. TECHNOLOGY
The European Union fines Intel $1.4 billion for allegedly violating antitrust regulations.
CEI Expert Available to Comment: Information Policy Analyst Ryan Radia on why this is bad for consumers:
“Antitrust regulation in the new economy is a new face of the old ‘industrial policy,’ allowing bureaucrats to manipulate economic outcomes and favor companies dearer to them than consumer choice. European competition law in particular allows policymakers to intervene at will, increasing uncertainty, damaging wealth creation and consumer well-being.”
3. ENVIRONMENT
An administration memo leaked to Congress details the “serious economic consequences” of regulating greenhouse gas emissions.
CEI Expert Available to Comment: Senior Fellow Marlo Lewis on what the results of the White House’s plan could be:
“Team Obama is playing with political dynamite. Once EPA finalizes the endangerment finding, the stage is set for a flood of litigation to impose draconian Clean Air Act controls on the economy. Similarly, litigation groups will demand that the Administration use the Endangered Species Act to stop greenhouse gas emissions.”
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