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Topic: Regulation

Obama's Phony Keystone Pipeline Decision

Posted on Mar. 14, 12 | 12:07 PM by Andrew Roth | Topic: Regulation
Here's a video of Ezra Levant, the host of The Source, for Canada's Sun News:

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Mr. Schmidt Goes to Washington

Posted on Oct. 04, 11 | 12:37 PM by David Keating | Topic: Regulation
The Washington Post had  an interesting interview with Google Chairman Eric Schmidt.  Here is an on target observation by Schmidt:

This is an Andy Grove formula. So I’m sitting at this dinner in 1995—Andy Grove was the CEO of Intel—and he gives this speech, and he says, “This is easy to understand. High tech runs three-times faster than normal businesses. And the government runs three-times slower than normal businesses. So we have a nine-times gap.” And I said, “Works for me.” But all of my experiences are consistent with Andy Grove’s observation.
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Another CEO Warns on Obama's Policies

Posted on Aug. 10, 11 | 12:41 PM by David Keating | Topic: Regulation
Another earnings conference call, and another CEO railing about the atmosphere in Washington.  This time Emerson Electric's David Farr.

Excerpts:

These are extremely uncertain and challenging times with the Japanese earthquake and tsunami, a global material inflation, dysfunctional governments in the U.S. and Europeans not able to deal with the tough issues of debt and excess spending. I going to thank the business leaders and the operating leaders for getting the job done in very difficult and challenging times...

Then we have a government situation, their inability to deal with the real gut issues of excess spending and debt. All we hear out of government is: We're going to raise taxes. We don't like corporate planes. We're going to sue Boeing, one of the most strategic companies we have in this country, for building a new plant in South Carolina. We have no desire to really go after corporate tax reform, which would fundamentally change this country and encourage people to invest and reinvest and create jobs in this country but rather, we demagogue -- and go after people that actually create those jobs, be it corporations and people that are successful...

[T]here's nothing going on in the U.S. right now that would encourage corporations to ignore the excessive regulations coming at us, not to mention the new Dodd-Frank bill... You look at new healthcare bill. You look at the last week. We decided in Washington to raise the CAFE standards for the second time within 3 years on the day that we announced less than 1% first half GDP growth in the U.S. economy. I would say Washington is arranging the chairs on the Titanic.

H/T WSJ's Political Diary

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The Best Video You'll See Today

Posted on Mar. 11, 11 | 08:26 AM by Andrew Roth | Topic: Regulation
 
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Quote of the Day

Posted on Dec. 06, 10 | 08:46 AM by Andrew Roth | Topic: Regulation
From a letter signed by 17 Senators who want to end the government's ethanol program.

"Historically our government has helped a product compete in one of three ways: subsidize it, protect it from competition, or require its use. We understand that ethanol may be the only product receiving all three forms of support from the U.S. government at this time."
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The War on Happy Meals

Posted on Apr. 28, 10 | 01:24 PM by Andrew Roth | Topic: Regulation
Big government wants to get in between children and their toys.  From the LA Times:

Happy Meal toys and other promotions that come with high-calorie children's meals will soon be banned in parts of Santa Clara County unless the restaurants meet nutritional guidelines approved Tuesday by the county Board of Supervisors.

"This ordinance prevents restaurants from preying on children's' love of toys" to sell high-calorie, unhealthful food, said Supervisor Ken Yeager, who sponsored the measure. "This ordinance breaks the link between unhealthy food and prizes."

Voting against the measure was Supervisor Donald Gage, who said parents should be responsible for their children.
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Dumb Quote of the Day

Posted on Apr. 27, 10 | 09:37 AM by Andrew Roth | Topic: Regulation
Here are some "expert" Earth Day predictions from 1970.  Here's my favorite one:

“Population will inevitably and completely outstrip whatever small increases in food supplies we make. The death rate will increase until at least 100-200 million people per year will be starving to death during the next ten years.” - Paul Ehrlich, Stanford University biologist

HT: Don Boudreaux

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Financial Reform Bill Fails to Proceed in Senate

Posted on Apr. 27, 10 | 08:59 AM by Andrew Roth | Topic: Regulation
The Senate couldn't muster up the 60 votes required to move the Democrats' over-bearing financial reform bill last night.  The motion to proceed to the bill failed, 57-41.

All Republicans voted against it, along with Sen. Ben Nelson and Harry Reid.  Although Reid's NO vote was not genuine.  By voting against the measure, it allows him to bring the bill up for a voter sometime in the future.

Here's a news report on the subject.

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8 Republicans Who May Split from the GOP on the Bank Bill

Posted on Apr. 16, 10 | 09:39 AM by Andrew Roth | Topic: Regulation
The POLITICO is reporting this morning that there are eight Republicans who might split with their party to support the Democrats' "Bank Bailouts Forever" bill.  They are:

Bennett (UT)
Brown (MA)
Chambliss (GA)
Collins (ME)
Corker (TN)
Graham (SC)
McCain (AZ)
Snowe (ME)

Read the rest of the article here for details.
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