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Profits and Losses
Capitalism is a system of both profit and loss. Wishing losses away would have consequences quite different from Bhidé’s good intentions.
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Cordray Already on Board — In a Video — At Consumer Financial Protection Bureau
The Obama administration wasted no time in putting in place – in a home-page video — Richard Cordray as head of the Consumer Financial…
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Judge Upholds Michigan Union Power Grab
A federal judge in Michigan has denied class action status to a lawsuit brought by a group of independent child care workers who objected to…
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CEI Files Amicus Brief in Magner v. Gallagher, to Guard Against Financial Meltdowns and Racial Preferences
To help prevent another financial crisis, CEI helped file an amicus brief in a pending Supreme Court case, Magner v. Gallagher. The case tests…
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Rhode Island’s Bold Pension Reforms Point the Way Forward
To describe pension reform, Utah State Senator Dan Liljenquist put it best: "This is not a conservative-versus-liberal issue, this is a reality issue." Liljenquist…
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Congressional Democrats Join Republicans’ Call for GAO Investigation into California High-Speed Rail Boondoggle
In a letter sent Tuesday to the Government Accountability Office, 11 House Democrats called on the watchdog agency to investigate California's high-speed rail program. The…
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CEI Podcast for January 5, 2012: The Iowa Caucuses
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Today’s Links: January 5, 2012
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Public Pensions Fuel Government Growth
The straitened finances afflicting state and local governments across the nation have brought unprecedented scrutiny to government employees’ compensation, particularly pensions. As pro-market critics have…
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Cordray Recess Appointment is Travesty for Government Accountability
News is just breaking that President Obama will today make a "recess" appointment of Richard Cordray to head the Consumer Financial Protection Bureau, a powerful and…
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Today’s Links: January 4, 2012
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Obamacare Causes Layoffs in Medical Device Industry, Harms Medical Innovation
Ramesh Ponnuru writes about the layoffs and lost jobs resulting from Obamacare's new tax on medical devices at Bloomberg News: A year from…
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Driving Continues to Decline in 2011
October 2011 marked the eighth straight month [PDF] of declining year-over-year vehicle-miles traveled (VMT) in the U.S. Compared to October 2010, driving was down…
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Good News, Bad News for Gamblers’ Freedom
President Obama’s Department of Justice (DOJ) has waged a hostile war against online gamblers including federal arrests and asset seizures of major Internet poker…
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Today’s Links: January 3, 2012
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Pension Tsunami, Record Federal Spending Increase U.S. Debts by $4.2 Trillion; State Debts Explode
Massive budget deficits and mushrooming pension, Social Security, and Medicare obligations increased the federal government's long-term obligations by $4.2 trillion in 2011 -- more than three…
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CEI Weekly: Federal Handouts Can’t Save Solar Energy Industry
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Regulation of the Day 203: Sledding
Out-of-towners are not allowed to go sledding in Beaver Borough, Pennsylvania.
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Today’s Links: December 30, 2011
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CEI Podcast for December 29, 2011: A Record Year for Regulation
Vice President for Policy Wayne Crews talks about why 2011 was a record year for both new regulations and their cost, and his ongoing "Ten…
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Today’s Links: December 29, 2011
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America’s Businesses Get It: Immigration Is Good
Anti-immigration advocates believe that harsh new laws will drive illegal immigrants out of the United States. They ignore the fact that the primary victim…
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Boom and Bust Madness: An Empirical Look at the Fed’s Dollar Binge
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Obamacare Stifles Job Creation, Causes Layoffs
At Bloomberg News, Andrew Puzder, CEO of CKE Restaurants, Inc., explains how the 2010 healthcare law is preventing jobs from being created and resulting…
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Today’s Links: December 28, 2011
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Record Red Tape
Over at Big Government today I noted the Federal Register of 2011 has almost reached the level of last year’s record. Given that 2011’s…
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Newt’s “Zany” Space Policy
Over at PJMedia over the weekend, I asked some space policy questions of Mitt Romney: So, Governor, if you want to…
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Washington Post: “Obama’s Green Technology Program was Infused with Politics at Every Level”
The Obama administration’s green-energy programs were driven by politics, not the public interest or sound policies. As The Washington Post recently noted in discussing…
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Today’s Links: December 27, 2011
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Gov. Mark Dayton (D-Big Labor)
National Right to Work Committee Trey Kovacs looks at Minnesota Governor Mark Dayton’s quest to empower union bosses by any means necessary: Minnesota State Senator…