Only in Washington could they concoct a scheme in which we are forced to increase spending on market-distorting subsidy programs lest we suffer the pain of further market distortions through government price controls. Yet, that is the case with the so-called dairy cliff that would have been crossed had Congress not passed an extension of the current farm bill. Last year, conservatives successfully blocked the | Read More »
It’s worth noting that, although the President of the United States hasn’t the power of Generalisimo Chavez, Pres. Obama’s attacks on speculators are just as politically opportunistic and economically ignorant – and potentially as destructive – as are any such attacks issued by Latin American dictators… – Don Boudreaux, Café Hayek. If anyone out there still needed a primer on why a Government-Centered Society was | Read More »
House pressure on the FCC continues, with Friday’s hearings on FCC process reform, including testimony from all four active FCC Commissioners (Republican Commissioner Meredith Baker has quit the FCC). I associate myself with the remarks of Seton Motley on the preferred outcome of FCC Process Reform: “FCC ‘Process Reform’ Should Be About Reducing FCC Power. Oh, and making them obey the law.” Meanwhile, as much | Read More »
Net Neutrality is taking a real pounding this week. The Heritage Foundation has come out shooting, calling for a major rollback in the FCC’s authority, including repealing Net Neutrality legislatively. Also, The US Chamber of Commerce is calling upon the FCC to be held to the President’s standards for regulatory review, which would certainly put Net Neutrality at risk. But its supporters press on. Even | Read More »
Did the FCC miss the recent election? The Obama administration appears to have at least noticed the “jobs and the economy” memo voters sent, but the FCC is about to step on the White House’s message. This week it was leaked to Politico that the FCC is considering even more regulations – this time, to oversee “data roaming” agreements that give wireless companies access to | Read More »
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