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Obama subsidizes Ford after blocking its access to credit
At the 1986 White House Conference on Small Business, President Ronald Reagan offered these famous remarks about politicians’ views on business in the 1970s. Reagan…
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In defending Kagan, Media Matters embraces Bush Justice Department
Well, who woulda thunk it?! George W. Bush’s Justice Department is now considered a citadel of wisdom by the legal eagles at the liberal Media…
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Dodd-Frank is not “financial reform,” it’s more Big Government lunacy
The 2,315 page Dodd-Frank financial regulation bill should not be called “financial reform.” Instead, it should be called what for what it is: pages and…
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CEI’s Supreme Court Oscar Speech
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CEI Statement on Senate Passage of Restoring American Financial Stability Act
The “Restoring American Financial Stability Act,” that passed Congress last night with 39 senators voting “nay,” will hurt Main Street investors and entrepreneurs, and worsen…
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Dodd bill’s unintended consequences for Main Street
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Durbin’s Walgreens Corporate Welfare Amendment
Give Dick Durbin some credit for his chutzpah. It’s not every lawmaker who, in proposing an amendment to a financial reform bill ostensibly aimed at…
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More GM Bailout Lies: Ally (GMAC) Bank’s Deceptions
General Motors’ false advertising that it has paid back its bailout money “in full” has prompted harsh criticism. Yesterday, Competitive Enterprise Institute Attorneys Hans Bader…
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As financial vote fails in Senate, Florida shows how to really protect consumers from deception
Yesterday, the Senate failed to achive the 60 votes necessary to move forward on the Restoring American Financial Stablity Act. All Republicans present and Sen.
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Center-Right Coalition Letter Opposes Toxic Provisions in Dodd Bill
Below is a letter sent today to the Senate that was signed by several prominent groups in the Center-Right Coalition expressing “grave concerns about the…
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Obama-Dodd financial bill would further enrich Goldman Sachs
Today, the SEC charged giant investment bank Goldman Sachs with more than $1 billion worth of securities fraud for its dealings in the subprime mortgage…
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Fannie and Freddie finally called to Crisis Commission
It is good that the commission, after several months, is finally visiting the role of Government-Sponsored Enterprises, but the setup of today’s hearing is still…
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CEI files amicus in Aussie bank case threatening national sovereignty
Headquartered in Melbourne, the second largest city of the land down under, National Australia Bank is firmly attached to its home country. The primary trading…
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Health Care- Fix middle-class “medicine cabinet tax” in reconciliation
“They won’t be so opposed to it once they see what’s in it.” That’s the rationalization House leaders have given skittish Democrats to get them…
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Dodd bill punishes Main Street entrepreneurs, rewards Fannie and other high rollers
With the focus this week on health care’s “home stretch” and concerns about government limiting the ability of ordinary Americans to make choices about medical…
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Credit CARD Act penalizes thrift and entrepreneurship; interchange fee controls would compound harm to consumers
Today, the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 goes into effect. While the law, passed last May, is being hailed as…
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Obama’s Glass-Steagall 2.0 could crash financial system
President Obama’s proposal today to bring back…
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Obama Bank “Responsibility Fee” Is Destructive, Hypocritical and Likely Unconstitutional
The so-called Financial Crisis Responsibility Fee is a tax in search of a target. Today, the President declared, “We want our money back.” Yet his…
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Financial Crisis Hearing is Partisan Sham that Skips Over Fannie and Freddie’s Role
John Berlau, director of CEI’s Center for Investors and Entrepreneurs, offers the following thoughts on what’s missing from the first hearing of the Financial Crisis…
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Health care bill’s hidden tax on pain relievers, Pedialyte, and prenatal vitamins
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Obama Summit: President’s goals of more loans and more heavy-handed regulation in conflict
Statement of John Berlau, director, Center for Investors and Entrepreneurs, Competitive Enterprise Institute: President Obama’s twin goals of more bank loans and more heavy-handed regulation…
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Tarp the TARP and give small biz relief from Sarbanes-Oxley and other burdensome regs
Statement of John Berlau, Director of CEI’s Center for Investors and Entrepreneurs, on extending TARP for small business and on Rep. Barney Frank’s plans to…
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Reps. Maloney and Adler push true bipartisan stimulus — Sarbanes-Oxley relief
After months of talk about solutions that would rev up job growth and the economy, today the House Financial Service Committee may finally adopt a…
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7-Eleven serves up Big Gulp of Big Government to credit card consumers
Tomorrow, 7-Eleven Inc. and other big retail chains will hit Capitol Hill to offer Congress members and their staffs a supersize serving of hypocrisy. Retailers,…
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Obama scolds Wall Street, but targets Main Street with regs
One year after the Wall Street meltdown, President Obama…
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Meryl trash talks Julia on pesticides and fat
In the new movie “Julie & Julia,” Meryl Streep does well portraying the late Julia Child, but one can say Streep also benefits from her subject. …
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Ted Kennedy’s Deregulatory Legacy on Airlines and Trucking
Tributes are pouring in for Edward M. "Ted" Kennedy, who lost his battle with brain cancer late Tuesday evening at the age of 77.
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UBS Deal Only a Partial Victory for the Feds
Today, after a long and protracted battle between the U.S. and Swiss government, Swiss bank UBS AG agreed to turn over the names of at…
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UBS-IRS deal — U.S. Constitutional liberties, privacy rights at risk after Obama bullies the Swiss
Lawyers for the U.S. government and the Swiss bank UBS AG have announced that they have reached a deal…
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Bonus pay bill: CBO predicts huge costs to private sector, broad swaths of employees affected
After the nonpartisan Congressional Budget Office (CBO) calculated the enormous costs of an all-encompassing health care scheme with a bloated public option, members of Congress…