Keyword: regulation
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With this being budget week, the federal government’s taxing and spending decisions are under the microscope — as they should be in a healthy democracy. But what about government’s hidden tax: regulation? With no equivalent of a federal budget day, regulatory decisions and their implications get precious little scrutiny and we are all worse for it. Thankfully, regulatory transparency got a considerable boost Thursday when the Red Tape Reduction Act (C-21) received Royal Assent and became law. Minister Tony Clement, who has championed the bill, can be proud that Canada is now the first country in the world to require that for...
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WXAN reports Austin City Council members debated a plan earlier this month to put restrictions on smoke from barbecue restaurants. Council member Pio Renteria asked council to regulate the amount of smoke that comes from food trucks and restaurants within 100 feet of residential areas. Renteria said residents complained to him that smoke coming from BBQ joints caused them to not be able to open their windows or enjoy their backyards. …
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First it was light bulbs, now Uncle Sam wants your water heater to be more efficient - and it could cost you a lot more money to comply with the new rules. Angie's List founder, Angie Hicks, said new regulations will save money in the long run. “Your water heater is the second largest consumer of energy in your home right behind your heating and cooling system. So, any improvement in your water heaters efficiency is going to pay dividends in your monthly utility bills.” But it will cost you more in the short term, if you need to buy...
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Liberal policies turn a small problem into a statewide crisis.My family and I are in Los Angeles this week for some meetings concerning a super-secret venture, which, dude . . . it's super-secret! (But it won't be for long.)But one of the first things that became clear when we got here is that the state is in the midst of a water crisis - one so serious that Gov. Jerry (Moonbeam) Brown has imposed an unprecedented set of restrictions on the use of water. Friends we visited for Easter tell us the state isn't messing around. They send inspectors around...
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They're doing it again! When the last housing bubble burst, politicians blamed "greedy banks." They said mortgage companies lent money recklessly, making loans to people with dubious credit, for down payments as low as 3 percent. "It will work out," said the optimistic bankers. Regulators didn't disagree. Everyone said, "Home prices will keep going up." And home prices did -- until they didn't. The bubble popped in 2007. Lots of people were hurt, and politicians took more of your tax money to bail out Fannie Mae and Freddie Mac along with reckless banks. They also gave the Federal Housing Administration...
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Lockheed Martin, a recent Washington Post article notes, is getting into renewable energy, nuclear fusion, “sustainability” and even fish farming projects, to augment its reduced defense profits. The company plans to forge new ties with Defense Department and other Obama initiatives, based on a shared belief in manmade climate change as a critical security and planetary threat. It is charging ahead where other defense contractors have failed, confident that its expertise, lobbying skills and “socially responsible” commitment to preventing climate chaos will land it plentiful contracts and subsidies. As with its polar counterparts, 90% of the titanic climate funding iceberg...
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Why should the Internet—a “modern technology”—be subject to regulations originally drafted in the mid-1930s? The Federal Communications Commission’s recent vote was less an adoption of “Net Neutrality” regulations and more a carte blanche redefining of Internet services. In redefining the Internet as a “public utility,” the FCC exposes Internet and broadband service providers to regulatory schemes crafted when rotary phones and switchboards were the norm. We can only guess what the actual regulations will say for the next couple weeks, since FCC Chairman Tom Wheeler crafted them behind closed doors and has yet to release them. While we wait for...
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In late 2014, the United States Environmental Protection Agency (EPA) proposed a rule that would further ratchet down national ambient air quality standards (NAAQS) for ground level ozone from the current level of 75 parts per billion (ppb) to a range of 65 to 70 ppb. Notably, the National Association of Manufacturers (NAM) declared the proposal to be the most expensive regulation ever imposed on the country. A study recently conducted by NERA Economic Consulting and commissioned by NAM confirms NAM’s earlier statement. Specifically, the study reveals that reducing the current ozone standard to 65 ppb would reduce U.S. gross...
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How predictable… The Federal Communications Commission voted on strict party lines to adopt Obama’s 332 page “Net Neutrality” proposal. Given that everything the government touches ends up as a rousing success-story, I’m sure you’ll be able to keep your internet if you like your internet. According to Fox News:The commission, following a contentious meeting, voted 3-2 to adopt its so-called net neutrality plan -- a proposal that remained secret in the run-up to the final vote. On its surface, the plan is aimed at barring service providers from creating paid "fast lanes" on the Internet, which consumer advocates and Internet companies...
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"I think a bright line rule that sort of spells out the principles that we believe in, I think the Bill of Rights is a good thing," said Tumblr founder and CEO David Karp.
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Government’s involvement in healthcare has been such a rousing success, Obama is now thinking about getting more involved in regulating the retirement of Middle Class America. Hooray… Proposing new executive regulatory rules (because going through Congress is too cumbersome and democratic), the President has claimed that he is riding to the rescue of average American investors with the heavy hand of government oversight. According to theState.com:The proposed rule, which Obama can put in place without congressional approval, would impose a requirement on some financial advisers to act as what the law calls “fiduciaries” for their clients, meaning that when they recommend...
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A short paper recently released by the Heritage Foundation takes a look at the expected manufacturing job losses as a result of President Obama’s Climate Action Plan. Predictably, they are significant. Using a social cost of carbon (SCC) equal to $37 per ton, the Heritage Energy Model (HEM) was used to determine the economic impact such climate regulations would have on the U.S. economy down to the state and, most interestingly, even to a congressional district level. Perhaps unsurprisingly, the Rust Belt, home to what remains of the country’s once dominant industrial sector, can expect to see the largest losses...
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The Internet has made all of our lives better, in part because there’s been an accidental policy of benign neglect from Washington.But that’s about to change.Even though our economy already is burdened by record amounts of regulation and red tape, the FCC is pushing forward with a plan to turn the Internet into a moss-covered public utility.This almost leaves me at a loss for words. It’s truly remarkable – in a bad way – that the bureaucrats at the Federal Communications Commission think that the Internet can be improved by a big dose of 1930s-era regulation and control.My Cato colleague,...
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A newly leaked document by the Federal Aviation Administration may offer a first look at upcoming regulations for drones, and the laws discussed appear to be somewhat favorable for photographers who fly camera drones.
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The Federal Election Commission is considering expanding their regulatory power to include political speech online… Yeah, let’s regulate the internet. I mean, free speech can’t just be expected to run wild or anything, right? The FEC held an open hearing yesterday to determine if they will move forward on clamping down on political content online (such as blogs, YouTube videos, and other “free” messaging). According to CNS News:Last October, FEC Chairwoman Ann Ravel issued a statement in which she complained that the agency was not doing enough to monitor activity on the Internet.Right… Because I know I’m terrified that the feds...
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Whose Internet is it anyway? Tom Wheeler, chairman of the Federal Communications Commission, says he’s keeping that question in mind as he pitches the biggest regulatory shake-up to the telecommunications industry since 1996, when people still used noisy modems and referred to the “information superhighway” as a fun way to buy books or check the weather. Wheeler has not publicly released his plan yet, and might not for a few weeks. But he has suggested that Internet service has become as critical to people in the United States as water, electricity or phone service and should be regulated like any...
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25,000 adult film stars, distributors, and fans descended on Las Vegas this week for the 15th annual Adult Entertainment Expo and AVN Award Show, the industry’s equivalent of the Academy Awards. Porn stars showed off for the cameras, toy manufacturers hawked their wares, and 1,000 journalists from hundreds of outlets chronicled the extravaganza. However, this year’s convention comes at a pivotal moment for the industry’s presence in California, which has long been the pornography capital of the world.
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....researchers looked at the diets of children ages 2 to 11 and teens aged 12 to 19 from 2003-2010. They found that pizza makes up about 20% of kids’ daily calories on days when they eat pizza—and despite the insistence of some politicians that pizza should be considered a vegetable for its ample tomato sauce, those calories aren’t coming from an onslaught of veggies.....
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Republicans in Congress are doing a 180 on net neutrality as the Federal Communications Commission prepares to issue new rules within weeks. For years, GOP lawmakers have adamantly opposed any rules requiring Internet service providers to treat all Web traffic equally, calling them unnecessary and an example of Washington overreach. But now that the FCC is moving toward issuing a tough net neutrality order that would subject broadband to utility-style regulation — an approach endorsed by President Barack Obama — top Republicans in both chambers are making plans to legislate their own rules to ensure the agency doesn’t go too...
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Energy Policy: In spite of dramatically lower methane emissions from fracking, according to the EPA's own data, the agency wants to impose draconian regulations on the oil and gas industry similar to those on coal. The new rules that the White House announced on Wednesday aim to cut oil emissions of methane, a target of environmental groups, by 45% below 2012 levels, despite the fact that the emissions already show a sharp decline even as shale oil and gas production has skyrocketed. This war-on-shale action mirrors the administration's war on coal, with EPA rules impossible to meet economically and sometimes...
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