CEI Today: Durbin price controls, Silent Spring, and the Liberal War on Transparency
DURBIN PRICE CONTROLS - JOHN BERLAU
On Oct. 1, 2011, one year ago today, Dodd-Frank's Durbin Amendment price controls went into effect, causing consumers to lose free checking and be soaked with other bank fees so that the country's wealthiest retail chains could become even richer. On this anniversary, Americans are bequeathed with the gifts of even higher checking and ATM fees.
Now if these same retailers have their way -- and a similar price control scheme is pushed through for credit cards as well as debit cards -- consumers could also be hit with annual fees on their credit card and fewer credit card rewards as well.
RACHEL CARSON'S SILENT SPRING - ANGELA LOGOMASINI
Back in 1996, the Competitive Enterprise Institute’s Jonathan Tolman authored an article entitled “Rachel Was Wrong,” in which he explained why biologist Rachel Carson mistakenly condemned chemicals — and pesticides in particular. This month marks the 50th anniversary of her in her 1962 book, Silent Spring, which history shows is, in fact, still wrong.
CHRISTOPHER C. HORNER
In his book, due out on Tuesday, October 2, Christopher Horner reveals a near-obsession of modern day liberals -- political appointees, sympathetic career activists in government and academics and administrations at public universities -- to avoid creating or allowing access to the record of what they'’re up to at taxpayer expense.