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OpenMarket: November 2011

  • "Made In China" Is Good For U.S. Economy

    November 1, 2011
    In yesterday’s Washington Times, Brett Decker (editorial page editor)  reviews Patrick J. Buchanan’s book Suicide of a Super Power: Will America Survive to 2025? In his article titled Buchanan: Take the China Test, he rallies against free trade and China, with half truths and fear-mongering to appeal to individuals who see trade with China as a negative thing. Decker starts his story by narrating his visit to a car dealership, on the look-out for an American muscle car, but becomes distraught when he sees that “the domestic content was only 55%,” and that the transmission was manufactured in China. The author was also shocked to find that a box of nails, and even a box of fruit, was manufactured by the Chinese. As Decker puts it, “the reds had invaded my refrigerator...
  • Some updates

    November 1, 2011
    • Yesterday, we filed the opening brief in our HP Inkjet Ninth Circuit appeal. Details at Point of Law.
    • The district court approved the $0 settlement in Pampers. The attorneys will receive $2.7 million. We've appealed to the Sixth Circuit.
    • The district court approved the Brazil v. Dell settlement. There have been about $0.5 million of claims, and the attorneys are to receive $6 million. We're going to appeal to the Ninth Circuit, since this pretty clearly contradicts Bluetooth. Thanks to Kyle Graham for covering the fairness hearing.
    • The plaintiffs have asked for a $200,000 appeal bond in Blessing v. Sirius XM, the case we've appealed to the Second Circuit where the attorneys got $13 million and the class got worthless...
  • Regulation is this Halloween's Goblin

    November 1, 2011
    Uncle Sam may be the biggest spook to business this Halloween. A new Gallup poll of small business owners shows that “complying with government regulations” is their #1 problem right now. As I explain at The Daily Caller, Obamacare and the Dodd-Frank Act are two of the biggest perpetrators. With thousands of regulations yet to be written, risk-taking entrepreneurs just don’t see the incentive to take risks. That means fewer business ventures, less economic growth, and a dearth of jobs.
    As bad as things are now, Obamacare and Dodd-Frank threaten to make them worse as their soon-to-be-written regulations send regulatory costs soaring even further. And worse yet, the president has made no indication of backing off this regulatory rampage. This Halloween, the government may be the scariest trick-or-treater of all.
    Read the whole article...

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