As I previously discussed in Townhall Finance, real and sustainable private investment is being held back in large part due to the regime uncertainty caused by such regulations as Dodd-Frank, Obamacare and climate change. In fact, I first pointed this out publicly as one of the guest speakers at a large Tea Party rally on Tax Day 2010 in Appleton WI.
In today’s edition of The Heartland Institute Daily Podcast, Kenneth Artz, managing editor of Health Care News speaks with Jeff Stier. Stier, a senior fellow at the National Center for Public Policy Research in Washington D.C., heads their risk analysis division. In this podcast, Artz and Stier discuss the U.S. Food and Drug Administration’s (FDA) proposed rule that would extend the agency’s authority over tobacco products to include e-cigarettes.
On climate, EPA relies on computer models and discredited IPCC reports to predict global catastrophes that it insists can be prevented if the United States slashes its fossil fuel use, carbon dioxide emissions and living standards, even if China, India and other developing countries do nothing. Meanwhile, real-world temperatures, hurricanes, tornadoes, polar ice and sea levels continue to defy the fear-mongering. So now the rhetoric has shifted yet again, to alleged national security and asthma threats from climate change.
In today’s edition of The Heartland Daily Podcast, National Center for Policy Analysis health care policy expert Devon Herrick joins Managing Editor of Health Care News Kenneth Artz. Herrick and Artz discuss how the policies of the U.S. Food and Drug Administration (FDA) are needlessly driving up the cost of generic Drugs.
Lawmakers in the U.K. are moving to ban synthetic psychoactive substances – colloquially known as “legal highs.” This may presage a similar policy move in the U.S. Ireland completely banned[…]
Currently, its “Clean Power” plan is generating its latest and most duplicitous Administer, Gina McCarthy, to go around saying that it will not be costly, nor cost jobs. “Clean Power” is the name given to the EPA policy to reduce overall U.S. carbon dioxide (CO2) emissions by 30% from 2005 levels by 2030. It is requiring each state to cut its emissions by varying amounts using a baseline established by the EPA.
Without investment, everything economic collapses. Stasis is death. We must constantly create and innovate to move forward our massive $14-trillion-per-year economy. That takes lots and lots and LOTS of speculative capital.
Both of the nation’s retail hardware behemoths, Home Depot and Lowe’s, recently sold out to activists in ways that are the corporate equivalent of a dog’s putting his tail between his legs and slinking away from a bully. Home Depot announced that by the end of this year it will stop selling vinyl flooring that contains a class of chemicals called phthalates. It described the move as an effort to “continually challenge our suppliers to develop new, innovative options for our customers.” Baloney. What the company did was abandon both science and its customers under pressure from the activist group Safer Chemicals, Healthy Families, which sponsors the “Mind the Store” campaign that has been strong-arming retailers to remove safe, useful, and affordable products from shelves.
Likely the least regulated private economic sector going into the Age of the Barack Obama Administration – at least at the federal level – was the Internet. Which is largely why the Web has become an ever-evolving, free speech-free market Xanadu.
Think of the FCC, unilaterally self-armed with the “strongest possible rules” of Title II 1934 monopoly telephone regulation, as a Washington backwater “kangaroo court,” where innocent communicators can be hauled before a mock court system where normal due process, rule of law, and justice may not apply.
Here in the United States, Net Neutrality exponentially increases the government’s ability to tax the Internet. Starting with the 17.4% Universal Service Fund (USF) tax. Which goes up automatically every calendar quarter. And goes up each and every time three unelected Federal Communications Commission (FCC) bureaucrats decide they want more of our coin. Which they just did in December –with a 17.1% rate increase.
There is in Indiana (and elsewhere) no religious freedom “tension” with respect to their Religious Freedom Restoration Acts. There is only government dramatically overreaching. The Constitution mandates government make no law abridging the freedom of religion. The Constitution mandates government its own self treat everyone equally before the law. The Constitution does not empower the government to mandate that every individual treat every other individual equally.
Obamacare recently passed the five-year milestone, and etiquette would suggest an anniversary gift is in order for the politicians who passed and implemented the law. The traditional gift for five-year anniversaries is wood, and the more modern gift is silver. In this case, I’d recommend silver pieces – more than 29 but fewer than 31 – in light of the betrayal against American workers this law represents.
Over the past few years, innovative new services such as Airbnb and Uber have sprung up across the nation, creating what’s been termed the “sharing” economy or “peer-to-peer” economy. These services have endured varying levels of resistance from local and state governments, as lawmakers have applied 19th- or 20th-century modes of regulatory theory to 21st-century technologies.
The first renewable energy mandate was adopted in 1983, but most states did not impose these mandates until the 2000s. Though the details vary from state to state, in general, renewable energy mandates require utilities to provide a certain percentage of the electric power they supply from “renewable” sources, notably wind and solar, with the required percentages rising over time.
We were on February 26 subjected to the hugest of Barack Obama Administration Internet power grabs. Where the Administration unilaterally decided to start applying 1934 landline telephone law to the 21st-Century-Web.
This government grab was made under the guise of Network Neutrality – but this flashback-to-New-Deal phone law is oh-so-much-worse. The Administration has appointed itself the overlord of just about every private sector decision, transaction and innovation.
The agency has extended its comments period until April 15 as it considers a rule that would regulate a range of chemicals within a group called phthalates. These chemicals, among other purposes, keep plastics from shattering when bent, and play a useful role in a range of consumer products.
The collateral damage is beginning to pile up from the FCC’s February decision to trigger Title II telephone utility regulation of the Internet. Long called the “nuclear” option, the FCC preemptively triggered Title II Internet regulation ostensibly to prevent potential new net neutrality problems, which the FCC admits it can’t yet identify.