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Yahoo Finance
Consumer protection agency closes the Biden era taking big swings
Yahoo Finance cited CEI’s financial expert on bad regulations “I can’t speak to the merits of every lawsuit, they’re filing them so fast,” said…
News Release
Fed cuts interest rates again, fewer cuts planned next year: CEI analysis
Today, the Federal Reserve announced that interest rates will be cut by 25 basis points, with an additional note that there will be fewer…
The National News Desk
Sticky inflation, Trump bring obstacles to Fed’s path to lowering rates
“While the Fed would like to cut interest rates, if they really want to signal seriousness about inflation and they want to build up that…
Search Posts
Newsletter
FDA’s Tobacco Powers, Credit Card Fees and Cult-like Union Behavior
Anti-tobacco activists observe the “Great American Smokeout.” The Government Accountability Office finds that controlling credit card processing fees could hurt consumers. Union officials are accused…
News Release
Government Watchdog Finds Credit Card Price Controls Hurt Consumers
Today, the Government Accountability Office released its widely anticipated report on interchange fees—the fees that retailers pay to credit and debit card issuers for processing…
Newsletter
Bailout Transparency, Climate Politics and Mortgage Foreclosures
Rep. Carolyn Maloney introduces a bill to make public details of the bank bailout. Critics accuse President Obama of failing the world on climate change.
Newsletter
Cap and Trade, Sarbanes-Oxley and Anti-Cat Regulations
Senate Democrats win committee approval of a “cap-and-trade” bill to reduce U.S. greenhouse gases over the objection of Republicans. The House Financial Services Committee voted…
News Release
U.S. Chamber Caves to Special Interests on Energy-Rationing Legislation
Washington, DC, November 4, 2009—The Competitive Enterprise Institute responded today to the U.S. Chamber of Commerce’s announcement that it will now support energy-rationing legislation by…
News Release
CEI Praises Obama and House Members For Pushing Sarbanes-Oxley Small Business Exemption
CEI Praises Obama and House Members For Pushing Sarbanes-Oxley Small Business Exemption Statement of John Berlau, Director of CEI’s Center for Investors and Entrepreneurs…
Op-Eds
1 Year Later-Obama’s Legacy of Lies and Broken Promises
It’s been a year since the president was elected, and he’s already piled up an impressive list of lies and broken promises.
Newsletter
Pay Cuts for Wall Street, Required Window Glazing and the New Public Option
The White House “pay czar” plans to cut paychecks for top bank executives by 50%. Environmental regulators in California move to require all cars sold…
Newsletter
Web Giants Battle over Networks, Obama on Climate and New Financial Regulations
Google and AT&T battle over web rules. President Obama won’t talk climate change at UN negotiations in Copenhagen. The House Financial Services Committee votes to…
Newsletter
Health Care Competition, Financial Regulations in Court and Net Neutrality
The House Judiciary Committee votes to strip antitrust protections from health insurance companies who share risk information. Prominent officials and scholars endorse CEI’s Supreme Court…
News Release
Prominent Officials, Scholars Endorse CEI’s Supreme Court Challenge to Sarbanes-Oxley Accounting Board
Prominent Officials, Scholars Endorse CEI’s Supreme Court Challenge to Sarbanes-Oxley Accounting Board CEI Case Gains Bipartisan Support from Attorneys General, Former…
Newsletter
Health Care, Climate Change and Nobel Economics
The Senate Finance Committee approves major new health care legislation. Senators John Kerry (D-MA) and Lindsey Graham (R-SC) write an op-ed for the New York…
Newsletter
Climate Negotiations, Senate Health Care and the Nobel Prize
Climate negotiators attempt to reach an agreement ahead of UN-sponsored talks in December. The Senate Finance Committee prepares to vote on health…
Newsletter
Retail Prices, Utility Politics and Swine Flu
The Maryland legislature bans manufacturers from setting minimum retail prices for their products. Florida Gov. Charlie Crist plays hardball with the state’s public utilities. Doctors…
Newsletter
A Swine Flu Vaccine, Rising Unemployment and Limits on Executive Pay
The federal government launches a swine flu vaccine campaign. Alan Greenspan predicts increased economic growth, but also rising unemployment. The White House moves to limit…
Newsletter
Questionable Stimulus, EPA on CO2 and Underfunded Union Pensions
Experts question the economic wisdom of government stimulus spending. Critics of the Environmental Protection Agency’s plan to regulate carbon dioxide emissions point out the cost…
News Release
Unemployment Report, Real Solutions
Today's unemployment report showed the U.S. jobless rate reaching 9.8 percent, the highest since 1983. And although unemployment is referred to as a "lagging indicator"…
Newsletter
Credit Card Fees, Nike Resigns and EU Chemical Policy
Convenience store chain 7-Eleven lobbies for restrictions on credit card processing fees. Nike resigns from the board of the U.S. Chamber of Commerce in protest…
Op-Eds
As Deficit Rises, So Too Does Number of Federal Employees
Thanks to the $800 billion stimulus package, and other huge government spending increases, the number of federal and state employees is projected to increase…
News Release
Don’t Let 7-Eleven Give Card Holders a “Big Gulp” of Big Government
On Wednesday, 7-Eleven Inc. and other big retail chains will call on Congress to slap price controls on the interchange fees they pay to banks…
Washington Times
Solutions: How to Reduce Unemployment
Federal Reserve Chairman Ben S. Bernanke recently said the recession is probably over, as third-quarter growth in gross domestic product will likely be positive. But…
Washington Times
Subprime Mortgage Catastrophe
Newsletter
Obama on Wall Street, EPA Backlash and Health Care Roadblocks
President Obama gives a major speech in New York on the future of Wall Street. The Environmental Protection Agency’s attempt to censor data on global…
News Release
One Year After Wall Street Meltdown, Obama Targets Main Street
One Year After Wall Street Meltdown, Obama Targets Main Street Statement by John Berlau of CEI Center for Investors and Entrepreneurs Washington, D.C., September…
Newsletter
Intel’s Human Rights, Overdraft Fees and Insurance Deregulation
Intel argues that a recent $1.45 billion fine levied by European antitrust regulators amounts to a violation of the firm’s “human rights.” Banking industry critics…
CEI Planet
CEI Planet: July – August 2009
The July-August 2009 issue of the CEI Planet features coverage of CEI’s 25th Anniversary Gala, and articles on federal catastrophe insurance and TARP transparency.
News Release
Berlau in New York Times on Overdraft Fees from Debit Cards – with Misleading Headline
John Berlau, Director of the Center for Investors and Entrepreneurs at the Competitive Enterprise Institute, was a guest contributor this week to the New York…
Newsletter
Labor Lobbying, India’s Greenhouse Gases and Honduras’ Financial Struggle
Labor unions gear up to lobby for the so-called “Employee Free Choice Act,” which could impose binding federal arbitration in union disputes. India’s emissions of…
Newsletter
A Doctor Shortage, Cap and Trade in the Senate and TARP Transparency
The American Medical Association lobbies Congress to restrict the number of new doctors in the U.S. Senate sponsors of “cap and trade” global warming legislation…
Letters
Let Credit Unions Lend to Small Businesses
Full Letter Available in Word Today’s difficult economic situation stems, in large part, from a shortage of credit. Banks, thrifts and other…
Newsletter
Wireless Probe, Nanotechnology Funding and Ted Kennedy, RIP
The Federal Communications Commission launches a three-part investigation into competition in the wireless industry. The National Science Foundation dispenses new grants for nanotechnology research in…
Washington Times
New Credit Card Law Punished Responsible People
If your credit is good, or your credit card balance is low, you may soon pay more on every credit card bill. Why? Congress…
Washington Times
The Anticipated Consequences of Credit-Card Reform
Washington Times
Don’t Ban but Expand Them
In proposing his new financial regulations this summer, President Obama pledged to get tough on the big Wall Street banks whose risky practices are…
Newsletter
Swiss bank settlement, Hurricanes, Healthcare debate continues
UBS agrees to turn over to the IRS the names of 4,450 U.S. account holders. …
News Release
UBS Settlement Only a Partial Victory for the Feds
The following is the statement of John Berlau, Director of the Center for Investors and Entrepreneurs at the Competitive Enterprise Institute, in reaction to…
Newsletter
TARP Transparency, Stimulating Recession and Union Arrogance
Congress cites a lack of financial transparency in a report sharply critical of the Troubled Asset Relief Program (TARP) bailout. The economies of Germany and…
Newsletter
Banking Privacy, Media Bias and Sports Betting
Federal officials reach a bank privacy agreement with Swiss bank UBS. The death of news anchor Walter Cronkite sparks debate over the ideal of journalistic…
Washington Times
Lesson From France-Recession Ends Without US-Style Stimulus
Washington Times
Lesson From France-Recession Ends Without US-Style Stimulus
The recession has ended in France, which avoided adopting a massive stimulus package like Obama’s $800 billion stimulus package. France’s conservative President…
News Release
Federal Officials Reach Bank Privacy Agreement with UBS
Statement of John Berlau, director of the Center for Investor and Entrepreneurs at the Competitive Enterprise Institute, on a reported deal between the United States…
CEI Planet
TARP Transparency: A Good Start, but Not Enough
Herbert Allison is President Obama’s newly-confirmed head of the Treasury Department’s Office of Financial Stability. On Thursday, June 25, he promised to “emphasize transparency so…
Newsletter
EU Antitrust Rebuke, Record Deficit Numbers and the Costs of Global Warming Policy
European competition regulators get chastised for hiding evidence in a case against Intel. The Congressional Budget Office reports that the federal…
Newsletter
Apple under Investigation, CEO Pay Limits and Hurricane Safety
The Federal Communications Commission investigates Apple and AT&T over the decision to spurn Google Voice on the iPhone. The House of Representatives passes a bill…
News Release
Bonus Pay Bill: CBO Predicts Huge Costs to Private Sector, Broad Swaths of Employees Affected
Bonus Pay Bill: CBO Predicts Huge Costs to Private Sector, Broad Swaths of Employees Affected Statement of John Berlau, Center for Investors and Entrepreneurs Washington,…
News Release
CEI Blasts Rep. Neal’s Reinsurance Tax Bill
A Senior Fellow at the Competitive Enterprise Institute, a free market think tank, today blasted Rep. Richard Neal’s (D-MA) introduction of a bill to impose…
Newsletter
Cutting Back on Healthcare, Online Privacy and Front-Running on Wall Street
House Democrats debate how to cut healthcare costs as part of their effort to pass major new legislation. Online advertisers back voluntary industry guidelines for…
Newsletter
Labor Politics, Government Paternalism and Tobacco Profits
Labor unions push to establish “binding arbitration” in contract negotiations. The nomination of law professor Cass Sunstein to oversee new federal regulations moves forward. Cigarette…
Newsletter
Paulson’s Testimony, Ken Burns on National Parks and Obama’s Surgeon General Nominee
Former Treasury Secretary Henry Paulson testifies before the House Government Reform Committee on his handling of the banking crisis. Documentary filmmaker Ken Burns announces his…
CEI Planet
Obama Administration = Waste, Corruption, Corporate Welfare
Rapidly-rising Medicare spending already threatens “to crush the federal budget,” and much Medicare spending is wasteful, yet the Obama Administration claims it can somehow…
Newsletter
Chemical Safety, Global Warming Balance Sheets and Hybrid Smugness
Canadian officials find that the presence of bisphenol A, a chemical used in plastic food containers, poses “no health or safety concerns.” The Securities and…
Newsletter
AIG in Court, Mobile Phone Competition and the Future of Solar Power
A federal jury rules in favor of Hank Greenberg, the former CEO of AIG, in a $4.3 billion stock dispute. The Department of Justice considers…
News Release
Hank Greenberg Wins One in Court, Hits Homerun against AIG and Spitzer
Washington, D.C., July 7, 2009—A federal jury today found in favor of ousted AIG Chairman Hank Greenberg today, in a case brought by the company…
Newsletter
Shareholder Rights, EPA Censorship and Honduran Democracy
Sen. Chuck Schumer (D-NY) introduces the “Shareholder Bill of Rights.” The Environmental Protection Agency censors an inconvenient study on global warming by career analyst Alan…
CEI Planet
Sink Schumer’s dangerous ‘Shareholder Bill of Rights’: It’s micromanaging madness
If deceptive labeling of bills in Congress were punishable by government agencies, Sens. Chuck Schumer (D-N.Y.) and Maria…
CEI Planet
Washington Post Sells White House Access to Lobbyists
Until it was publicly-exposed, the Washington Post was selling its access to the White House to lobbyists. As Politico reported, “For $25,000 to $250,000,…
CEI Planet
Ayn Rand at 100: When Will Businessmen Learn Her Lessons About Politicians?
She called businessmen "America’s persecuted minority." And today—as has been the case at least since the start of the Industrial Revolution—many businessmen and -women…
CEI Planet
Media Ignore Negative Aspects of Obama Agenda
Mark Tapscott is right that much of the media are “in the tank for Obama.” That’s why they failed to report on how his stimulus…
CEI Planet
Standing Athwart Nationalization
My organization, the Competitive Enterprise Institute, has frequently been accused of being "in denial" regarding important issues. It’s a charge we most often wear…
CEI Planet
Case of Denial
CEI Planet
Fannie Mae & Freddie Mac Untouched in Financial Overhaul
The mortgage crisis was caused largely by the reckless government-sponsored mortgage giants Fannie Mae and Freddie Mac, and by federal affordable-housing mandates. But Obama’s…
CEI Planet
Fannie Mae & Freddie Mac Untouched in Financial Overhaul
The mortgage crisis was caused largely by the reckless government-sponsored mortgage giants Fannie Mae and Freddie Mac, and by federal affordable-housing mandates. But Obama’s…
Newsletter
Burning Rivers, Broadband Price Controls and Beach House Bailouts
Residents of Cleveland observe the 40th anniversary of the infamous Cuyahoga River fire. Congress considers a bill to regulate the pricing of broadband Internet service.
CEI Planet
Nationalization Review
Given the Obama administration’s rapid takeovers of General Motors and Chrysler, it shouldn’t come as much of a surprise to conservatives that, in the…
Newsletter
Stimulus Waste, California’s Deficit and Internet Privacy
Sen. Tom Coburn (R-OK) releases a report citing millions of misspent dollars from the federal economic stimulus package. The state of California faces a $24…
Newsletter
Clean Water, Banking Regulations and Air Quality
The Senate Environment and Public Works Committee marks up the “Clean Water Restoration Act.” President Obama announces major new controls on the…
CEI Planet
Obama’s Latest Economic Overhaul Calls for More Risky Loans
The President has just announced proposals for a massive overhaul of the financial system. The proposals would force banks to make even MORE risky…
News Release
Obama Overregulation Plan Won’t Fix Financial Crisis
Obama ‘More of the Same’ Overregulation Plan Won’t Fix Financial Crisis President Should Lessen Burdensome, Ineffective Mandates, Like Sarbanes-Oxley Washington, D.C.,…
Newsletter
GM’s Bankruptcy, Barney Frank on CNBC and Internet Poker Persecution
The bankruptcy of General Motors is expected to proceed quickly in the wake of Chrysler’s reorganization. House Finance Committee Chairman Barney Frank (D-MA) storms off…
CEI Planet
Obama Administration = Waste, Corruption, Corporate Welfare
Rapidly-rising Medicare spending already threatens “to crush the federal budget,” and much Medicare spending is wasteful, yet the Obama Administration claims it…
Newsletter
Broadband Stimulus, Fiat Takes Over Chrysler and the UN’s World Oceans Day
Business and advocacy groups flood the Federal Communications Commission with comments on the agency’s proposed national broadband plan. Italian automaker Fiat…
News Release
Bank Chairman to Speak Out on Banking Crisis and Capitalism at CEI 25th Anniversary Gala
This Thursday evening John Allison, Chairman of BB&T Bank, will deliver the keynote address at the Competitive Enterprise Institute’s 25th Anniversary Gala. Allison will…
News Release
CEI Hails Supreme Court’s Freezing of Chrysler Bankruptcy
CEI Hails Supreme Court’s Freezing of Chrysler Bankruptcy Chrysler, GM bankruptcies on Collision Course with Constitution Washington, D.C., June 8, 2009— Statement of John…
News Release
Crushing, Hidden Tax of Federal Regulation Soars
Crushing, Hidden Tax of Federal Regulation Soars Lawmakers Fail to Scrutinize the "10,000 Commandments" of Federal Regulations Washington, D.C. June 3, 2009 – Federal…
News Release
CEI Praises Appeals Court for Halting Chrysler Bankruptcy
Kudos to the judges on the Second Circuit U.S. Court of Appeals for putting a stay on the Obama administration’s nationalization scheme for the bankruptcy…
Newsletter
Chrysler’s Future, GMO Foods and the New Black Panter Party
A federal bankruptcy judge clears the way for Chrysler’s sale to Italian automaker Fiat. The government of Zimbabwe bans the sale of genetically modified foods,…
News Release
Obama Should Respect Role of Bankruptcy Court, Judge Should Put Brakes on Government Motors
Washington, D.C. June 1, 2009—Statement by John Berlau, Director of CEI’s Center for Investors and Entrepreneurs: Last week, in nominating Judge Sonia Sotomayor to the…
Newsletter
Cybersecurity, Credit Cards and Hurricane Insurance
President Obama is expected to announce the appointment of a new cybersecurity czar. Credit card holders prepare for the changes recently passed by Congress. Congress…
Newsletter
Ethanol, Mortgages and General Motors
Efforts to subsidize ethanol production as a remedy to global warming hit resistance. The mortgage industry struggles to improve disclosure guarantees. Legal observers critique the…
Study
Ten Thousand Commandments 2009
Wayne Crews' annual accounting of the hidden taxes of regulation.
CEI Planet
Someone Has to Pay the Piper
As the cliché goes, the piper must be paid. And when the government decides that some folks are paying the piper too much,…
Newsletter
The Credit Card Bill of Rights, Chrysler’s Bankruptcy and Carbon Trading
President Obama signs the credit card “bill of rights” into law. A federal bankruptcy judge prepares to rule on Chrysler’s financial future. Carbon trading is…
Newsletter
Energy Rationing, Credit Cards and Car-Sharing in Maryland
The energy rationing bill sponsored by Reps. Henry Waxman (D-CA) and Ed Markey (D-MA) is approved by the House Energy and Commerce Committee.
News Release
New Credit Card Law Limits Consumer Choice, Leads to Less Credit, Higher Rates
Today President Obama signed a major new law regulating the credit card industry, a move that will likely hurt consumers. John Berlau, Director of CEI’s…
Newsletter
Unemployment Numbers, Mileage Rules and Computer Recycling
Unemployment reaches its highest level since 1983. President Obama announces an increase in auto mileage requirements for new cars. Computer giant Dell announces it will…
CEI Planet
I’m All Right, Barack: The Perils of a Nationalized Car Maker
President Obama’s takeover of General Motors is a disaster in the making. Not only is it bad for GM, it also sets terrible legal…
CEI Planet
Supreme Court To Hear Sarbanes-Oxley Challenge
A major government abuse of power is about to get much-needed scrutiny, thanks to the Supreme Court, which this week decided to hear…
Letters
Lehrer Response Letter to Federal Insurance Regulation Not a Panacea
Full Document Available in PDF To: Congressional Staff and Members From: Eli…
News Release
Supreme Court to Hear Challenge to Sarbanes-Oxley Accounting Board
The Supreme Court today announced it would hear a case brought by the Competitive Enterprise Institute and the Free Enterprise Fund challenging the constitutionality of…
Newsletter
Cap and Trade, Freddie Mac’s Losses and Hulu’s Success Story
Democrats push “cap and trade” global warming regulation in the House of Representatives. Housing giant Freddie Mac reports a $10 billion loss for the first…
Newsletter
Europe Investigates Intel, Obama Explodes the Deficit and Minnesota Jumps on the Banned Wagon
European antitrust officials prepare to rule in an investigation of Intel’s microchip marketing practices. The White House estimates that the deficit will explode to $1.8…
Newsletter
Chrysler’s Bankruptcy, Small Businesses Fight Back and New York’s War on Bottled Water
Financial analysts size up what Chrysler’s entrance into Chapter 11 bankruptcy means for customers and employees. Small business owners band together to oppose new union…
Newsletter
The War on Cockroaches, Consumer Credit Shrinks and the Future of Internet Gambling
New York State officials move to limit sale of anti-insect “bug bombs” to consumers. Economists chart a record drop in consumer credit. Rep. Barney Frank…
CEI Planet
Banks Aren’t Bridges
The logic of the recent bank stress tests seems unassailable — bridges may fail, so may banks. But bridges are physical constructs. Centuries of…
Newsletter
Chrysler’s Future, Chevron in Ecuador and Flex-Fuel Cars on the Road
A bankruptcy judge approves Chrysler’s request to start spending $4.5 billion in government loans. Ecuador sues Chevron for $27 billion over alleged environmental damage from…
Newsletter
Consumer Credit, Social Security and Swine Flu
The House of Representatives votes to limit credit card fees and interest rates. President Obama endorses raising Social Security taxes. Vice President Biden advises Americans…
Newsletter
Credit Card Rules, Obama’s First 100 Days and the Auto Bailout
The House of Representatives is expected to vote today on new regulations for credit card companies. Political observers judge the progress of Obama’s first 100…
News Release
“Credit Card Bill of Rights” Passed Today by the U.S. House of Representatives
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RealClear Markets
Fix Social Security, Ease the Credit Crisis
Remember the looming Social Security crisis? If you don’t, you’re not alone. The credit crisis and economic downturn have monopolized public attention to…
Financial Times
Fed’s policies contradict each other
Sir, Henry Kaufman frets that “libertarian dogma led the Fed astray” (April 28). Congress, not free-market ideology, is the real culprit. One reason…