Have you ever been shopping for a computer and felt like the salesman used “tech-talk” and a lot of words you didn’t understand just to confuse you so he could “up-sell” you on the “latest” and most expensive features? The Obama Administration and Environmental Protection Agency (EPA) are employing this tactic and other sorts of “used-car-salesman” tricks in an attempt to sell the public on expensive and unpopular regulations that would require existing electricity power plants to reduce their carbon dioxide emissions by 30 percent of 2005 base-levels by the year 2030. It’s a smog-and-mirrors trick, nothing more.
The state of Virginia has stepped up its attack on ride-sharing services Uber and Lyft. It’s just the latest example of crony capitalism and government favoritism toward the wealthy and powerful.
Regulations have a way of growing like weeds: unless they are rooted out, they spread. Regulatory compliance has always been a headache for small business owners who do not enjoy the cozy relationships with big government that large corporations often develop. In fact, they are frequently ignored by legislators both in Washington and in the states. John Lieber, chief economist of Thumbtack, recently joined Heartland’s own Steve Stanek for a talk on the business climate in America today. Thumbtack is an online marketplace that brings together service providers and consumers who can negotiate and organize jobs.
Last year, Congress enacted 72 new laws and federal agencies promulgated 3,659 new rules, imposing $1.86 trillion in annual regulatory compliance costs on American businesses and families. It’s hardly surprising that America’s economy shrank by 1% the first quarter of 2014, our labor participation rate is a miserable 63% and real unemployment stands at 12-23% (and even worse for blacks and Hispanics).
ho does Google think they are fooling?
Google just bought Skybox Imaging for $500m to gain access to its capability to take real-time, high-resolution satellite images/videos of the whole world daily. Last week Google sources told the WSJ that Google was planning to spend $1-3 billion on “180 small, high capacity satellites at lower altitudes than traditional satellites” to enable two-way Internet access. In April, Google bought Titan Aerospace – which makes solar-powered, high-flying drones that Titan calls “atmospheric satellites” — for Internet access to remote areas and for disaster relief. And in March Google CEO Larry Page shared his ambitions that Project Loon “could build a world-wide mesh of these balloons that can cover the whole planet.”
National Center for Public Policy Research Risk Analysis Director Jeff Stier is responding this week to a range of stories bubbling up in the news and in social media recently that have one common denominator, according to Stier: “ideologically-driven scares.”
The Internet has in lightning-fast fashion become a free speech-free market Xanadu. Arguably no human endeavor in history has blossomed so beautifully, so rapidly. It has done so with absolutely[…]
On Monday, the U.S. Environmental Protection Agency (EPA) released its “Clean Power Plan” proposal at the direction of President Barack Obama. The plan mandates a 30 percent cut in carbon dioxide emissions[…]
Among its 645 pages of new red tape for power plants, the EPA states that its proposal “would result in significant reductions of GHG [Green House Gas] emissions that cause harmful climate change, while providing states with ample opportunity to design plans that use innovative, cost-effective strategies that take advantage of investments already being made in programs and measures that lower the carbon intensity of the power sector and reduce GHG emissions.”
If you couldn’t stomach watching “Fed Up,” the Katie Couric and Laurie David (“An Inconvenient Truth”) obesity film, here’s the only word you need to know. “Masterpiece.” That’s what former[…]
Before President Obama took office in 2009, the amount of electricity being produced by coal-fired utilities was approximately fifty percent of the total. Today it is approximately forty percent and, when the Environmental Protection Agency regulations take effect as of June 2, more such utilities are likely to close their doors. The basis for the regulations is utterly devoid of any scientific facts.
For years we argued that the farming community should respect OUR right to be organic. Now we’ve switched to denying our neighbors THEIR rights. And that goes against everything it has ever meant to be organic.
With increasing frequency, activist groups are trying to remove safe and useful products from the market. Why? Because they think they can fool consumers, retailers and legislators into thinking that[…]
A debate on immigration policy was held recently in Chicago between a conservative and a libertarian. It was an exercise between light regulation and lighter regulation. Both regimes would enlarge the programs for highly skilled foreigners and temporary workers and tighten the border with Mexico.
The banking crisis of 2008 and its attendant deep recession have been hailed by statists the world over as the ultimate demonstration of capitalist greed and a justification for more and more regulation and government control of the economy, particularly the financial sector. Their argument boils down to an accusation that private actors in the marketplace are incapable of dealing with systemic crises and that government is the only agent that can address the market as a whole in order to combat panics and economic shocks. That argument won out in the aftermath of the recession, leading to a raft of new regulations, most notably the voluminous Dodd-Frank Act.