Archives for “Regulation”
In February, Shout Bits exposed the fraud in Colorado’s renewable energy mandate law. The law was deceptive in that it purported to mandate 30% of the State’s electricity come from renewable sources. In reality, it shifts much of Colorado’s electricity from coal to more expensive and unpredictable natural gas. The law was fraudulent because it [...]
When Rep. Joe Barton apologized to BP Chairman Tony Hayward for Pres. Obama’s $20 bln “shakedown,” he used some indelicate words, but his point was valid. BP itself did not deserve an apology; it is fairly clear that they took irresponsible risks in their operations, and in any event caused an epic disaster. Barton should have [...]
As ShoutBits reported nine months ago, some Congressmen want to unleash an unaccountable tyrant on investors in the form an autonomous SEC. Today the New York Times has reported that, surprise, a bunch of trial lawyers are pushing this idea as hard as they can. This bill must not become law if the US is [...]
Shall there be an amendment to the Colorado Revised Statutes concerning limits on government charges, and, in connection therewith, reducing vehicle ownership taxes over four years to nominal amounts; ending taxes on vehicle rentals and leases; phasing in over four years a $10,000 vehicle sale price tax exemption; setting total yearly registration, license, and title [...]
When Dr. Rand Paul won the GOP nomination to replace Sen. Bunning (7x MLB All Star and perfect game pitcher), liberty lovers could not believe their good fortune. Because The Senate is seated by statewide elections, its members are usually moderates (i.e. opportunists who twist with every political breeze). Who knew, maybe Sen. Coburn and [...]
This week the US Senate voted to outlaw earning frequent flyer miles from credit card transactions. Of course Sen. Durbin, the amendment’s sponsor, would not put it that way. Durbin rather said that by capping the fees charged to retailers, small businesses would benefit. Sadly, Durbin is wrong on both counts; his proposed law would [...]
Proving that the elves of Washington never sleep, the FCC moved to defy the DC Court of Appeals, which last month ruled that the FCC lacks the authority to impose ‘net neutrality’ on internet providers like Comcast. Whoever thinks Washington bureaucrats are lazy does not know how to motivate them: simply try to impose legal [...]
The European Union’s uber-bureaucracy spent most of the last decade prosecuting Microsoft for monopoly abuse. While the EU could have looked to the US’s decade of Microsoft prosecution to see how pointless regulating the swift moving technology industry is, the feisty Europeans had to make their point. The EU’s complaint settled on the fact that [...]
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