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Fannie Mae Played a Bigger Role in the Financial Crisis than Previously Thought
In the Wall Street Journal, Peter Wallison, who prophetically warned against the risky practices of mortgage giant Fannie Mae, describes the key role…
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A Free-Market Told-You-So
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Michelle Obama’s 1700 Calorie Hypocrisy
I am no fan of ad hominem attacks, especially when it’s the President and his administration that deserve true criticism for their policies. So, when…
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CEI’s Iain Murray Interviewed on New Book, Stealing You Blind
CEI Vice President for Strategy, and director of CEI’s Center for Economic Freedom, Iain Murray has a new book, Stealing You Blind: How Government…
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Obama Makes Deficit-Reduction Deal Harder by Appearing to Plot to Use Tax Increases for Spending, Rather Than Debt Reduction
Publicly, President Obama has suggested a grand bargain to get America's staggering budget deficits under control, a deal in which Republicans would agree to…
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Immelt Pleads for Tax Holiday to Enhance GE Rent-Seeking
Yesterday, arch rent-seeker Jeffrey Immelt, General Electric CEO and Obama’s job czar, headlined the “Campaign for Free Enterprise” job summit. In typical fashion, Immelt had…
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Morning Media Summary
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Justice Department’s Witch Hunt Against Banks Will Harm Economy
The Justice Department is now extorting multimillion dollar settlements from banks, by accusing them of racial discrimination because they use traditional, non-racist lending criteria…
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Energy Secretary Wants to Force You to Save Money
Energy Secretary Steven Chu admitted the paternalistic motivation for the effective ban on incandescent light-bulbs on Friday. Such honesty from a bureaucrat is somewhat…
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Regulation of the Day 183: Throwing Wet Sponges
Apparently British regulators don’t think their subjects are sponge-worthy.
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Morning Media Summary
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Stimulus Dollars Funded Mexican Coffin Industry through “Operation Fast and Furious”
Not content with just using American tax dollars to subsidize foreign "green jobs" that replaced U.S. jobs, the Obama administration used stimulus dollars…
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Schumpeter on Why People Are Bad at Arguing
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Unemployment Rises, Driven Up By Failed Government Policies
U.S. employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months . . . Non-farm…
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Regulation of the Day 182: The Definition of a Hot Dog
Having solved the state’s fiscal crisis, California’s state legislature has moved on to more important issues, such as the legal definition of “hot dog.”…
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Strangely Specific Regulations
The next someone tells you the economy is dangerously unregulated, refer them to this list:…
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CEI Weekly: Big Labor Alliance With Democrats in Jeopardy
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How Wealthy Are You?
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Obama Administration Creates New Debts to Pay Off Trial Lawyers Even as it Demands Increase in Debt Ceiling
The Supreme Court ruled in Alexander v. Sandoval (2001) that outside the employment context, people bringing discrimination lawsuits under the civil-rights laws generally have…
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Morning Media Summary
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CEI Podcast for July 7, 2011: How Much Does Regulation Cost?
One federal study says federal regulations cost $1.75 trillion. Another says it's $62 billion. The difference is almost a factor of 30. Vice President for…
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Mica and Duncan’s Surface Transportation Reauthorization Bill Calls for 42% Cuts from SAFETEA-LU Levels
Today, House Transportation Committee Chairman John Mica (R-Fla.) and Highway and Transit Subcommittee Chairman Rep. Jimmy Duncan (R-Tenn.) announced they would be introducing a $230-billion,…
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Big Government Continues to Hurt Small Businesses Most
The Small Business Administration’s Office of Advocacy released a study showing that the burden of government regulation disproportionately falls onto small businesses. Specifically, those with…
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New Video on the D.C. Taxicab Medallion Bill
Reason.tv has a new video up today, “D.C. Taxi Heist: How a new law would screw drivers and riders,” that explains why Washington’s proposed…
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Morning Media Summary
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Wasteful Stimulus Spends $7 Million Per Household to Get Montana Residents Broadband Access
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Virginia’s Child Support Guidelines Likely to Become Grossly Excessive for Most Households
Virginia seems likely to increase its child-support obligations on non-custodial parents, based on flawed methods of calculating child-rearing costs that overstate child-rearing costs. As I…
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The Tragedy of the Truth
The Yale Cultural Cognition Project recently released a new study with surprising findings. According to the data of their national survey, people who are…
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Morning Media Summary
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Public-Sector Unions in the Northeast are a Tough Group to Please
Openmarket.org The cozy relationship between liberal governors in Northeast states and Big Labor is becoming strained. Elected Democrats are realizing how strongly strings were attached…
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Regulation of the Day 182: PowerPoint Presentations
A political party in Switzerland is seeking to ban Microsoft PowerPoint presentations in meetings.
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Alcohol Regulation Roundup: Independence Day Edition
Hopefully, this Independence Day weekend you liberated some nice libations from their containers. As Founding Father Ben Franklin said, “there can’t be good living where…
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Public-Sector Unions in the Northeast are a Tough Group to Please
The cozy relationship between liberal governors in Northeast states and Big Labor is becoming strained. Elected Democrats are realizing how strongly strings were attached to…
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The National Labor Relations Act Turns 76
The National Labor Relations Act (NLRA) turns 76 today. This day should give pause to those who have been following the National Labor Relations…
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To Many in the Media, A “Peaceful” Protester Must Support Big Government
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Regulation of the Day 181: Offensive Bumper Stickers
Tennessee drivers can be fined $50 if someone else finds their bumper sticker offensive.
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Sour Attitudes on Raw Milk
In a letter to the Washington Post over this past weekend, a “food safety consultant” in northern Virginia named Thomas L.
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Third Time’s the Charm: Ray LaHood Announces TIGER 3
Late last week, the Department of Transportation announced it was launching a third round of TIGER (Transportation Investment Generating Economic Recovery -- I feel…
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Schumpeter on Ideology
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Morning Media Summary
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Liberal Judges: Equality Violates Equal Protection Clause; Taxpayers to Pay More Due to Ruling
Last week, a divided Sixth Circuit Court of Appeals struck down the Michigan Civil Rights Initiative, which amended Michigan's constitution in 2006 to ban racial…
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Failed Stimulus Spending Erodes America’s International Competitiveness, Wipes Out Wealth
In the Daily Caller, Chris Edwards has an interesting article about why government spending doesn’t “stimulate” the economy over the short-run or the long-run. Rather than…
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Chicago Mayor Emanuel Gives Unions a Choice: Concessions or Layoffs
Leaders of government employee unions must be feeling lonely these days. Across the country, Democratic state and local elected officials — traditional union allies —…
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Mass. AG Martha Coakley Institutes Permanent Ban On “Internet Café” Gambling
Back in April of this year Massachusetts Attorney General Martha Coakley issued emergency regulations prohibiting Internet gambling at “cyber cafés” and “phone card businesses,”…
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Keeping the “Free” in Free Trade
Yesterday, Senate Republicans successfully blocked a Finance Committee meeting to consider free trade agreements (FTA) with Korea, Colombia, and Panama. The reason? President Obama…
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Amazon.com Fights Board of Equalization
Amazon.com is standing strong against California’s attempts to extort money from the online bookseller. Just a few days ago, Governor Jerry Brown (…
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Restricting Your Right to Superlatives: Anna Eshoo and the FCC
A California Democrat is seeking to expand the bureaucracy of the FCC in order to protect Americans from dropped calls. Rep. Anna Eshoo (D-Calif.)…
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CEI Weekly: FDA Revokes Approval for Breast Cancer Drug
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Mass. Gov. Deval Patrick Just Doesn’t Understand Tax Cuts or Grover Norquist
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