CEI Weekly is a compilation of articles and blog posts from CEI’s fellows and associates sent out via e-mail every Friday. Also included in the Weekly newsletter is a brief description of CEI’s weekly podcast and a feature on a major CEI breakthrough made during the week. To sign up for CEI Weekly, go to http://cei.org/newsletters.
CEI Weekly
July 2, 2010
>>The Supreme Court Speaks: Free Enterprise Fund v. PCAOB
This week, after nearly five years, the U.S. Supreme Court handed down its decision in CEI’s challenge to the Sarbanes-Oxley corporate accounting law and the quasi-government enforcement entity it spawned, the Public Company Accounting Oversight Board. The court found that the PCAOB violated the Separation of Powers clause of the U.S. Constitution, by impermissibly insulating the members of the board from removal by the Securities and Exchange Commissioners who appoint them. Unfortunately, the court declined to go further and invalidate the procedure by which the members of the board are selected in the first place. While we feel the court should have more strongly questioned the validity of both the PCAOB and Sarbanes-Oxley itself, we take it as a welcome sign that the flaws of the entire edifice are receiving greater scrutiny. We look forward to more opportunities to roll back the excessive and counterproductive burdens imposed by the law and enforced by the board. CEI’s Sam Kazman and Hans Bader served as co-counsel in the case alongside Michael Carvin of the law firm Jones Day and the Free Enterprise Fund, a non-profit organization founded by investment professional Mallory Factor and current Wall Street Journal editorial board member Stephen Moore.
http://cei.org/news-release/2010/06/28/supreme-court-strikes-down-key-sarbanes-oxley-provisions
http://ceiondemand.org/2010/06/28/sam-kazman-on-free-enterprise-fund-v-pcaob/
>>[Video]CEI on the Air
Sam Kazman on Fox Business discussing the PCAOB Supreme Court Decision Wayne Crews on Fox News’ Glenn Beck discussing the Presidential Internet “Kill Switch”
>>Shaping the Debate
Is Scott Brown a Game-Changer on the Financial Bill?
John Berlau’s op-ed in the National Review Online
‘Green’ Energy Company Threatens Economics Professor … with Package of Dismantled Bomb Parts
Chris Horner’s op-ed in Pajamas Media
Market Meddling Led to BP Oil Spill
Dan Compton’s letter to the editor in The Guardian
US Supreme Court Invalidates Part Of Accounting Board
Hans Bader’s quote in Fox Business
Supreme Court SOX Ruling Has IT Implications
John Berlau’s quote in Yahoo! News
>>Best of the Blogs
Can Businessmen (and Women) Make Good Politicians
by Fred Smith
Blowout Prevention Act — or Oil Production Prevention Act?
by Marlo Lewis
Bio Jet Fuel — the Real $600 Toilet Seat?
by Marlo Lewis
>>LibertyWeek Podcast
Episode 99: Sarbanes-Oxley Smackdown
Richard Morrison and Marc Scribner welcome special guests Sam Kazman and Berin Szoka to Episode 99 of the LibertyWeek podcast. We start with Sam’s take on the Supreme Court’s ruling in the case of Free Enterprise Fund v. Public Company Accounting Oversight Board and its implications for financial regulation reform. We continue with an interview with Progress and Freedom Foundation Senior Fellow Berin Szoka. We talk about free speech, privacy concerns, the future of commercial space exploration and his forthcoming book (with Adam Thierer) about the next digital decade.
>>Support CEI
Like what you read?
The Competitive Enterprise Institute’s 25-year record of success is made possible by our over 3,000 supporters. Please be sure to stop by www.cei.org/support to make a donation today. Curious about all the possible ways to donate to CEI? Contact Al Canata at acanata@cei.org or 202-331-2280 to find out more.
Follow CEI on the Web at:




Charles Huang
Web and Media Associate
Competitive Enterprise Institute
chuang@cei.org
http://www.cei.org
http://www.openmarket.org
202-331-1010
CEI Weekly is a compilation of articles and blog posts from CEI’s fellows and associates sent out via e-mail every Friday. Also included in the Weekly newsletter is a brief description of CEI’s weekly podcast and a feature on a major CEI breakthrough made during the week. To sign up for CEI Weekly, go to http://cei.org/newsletters.
CEI Weekly
June 25, 2010
>>CEI Dinner 2010
CEI’s 2010 dinner took place last week. The evening was a great success, earning rave reviews from attendees. The dinner featured as Master of Ceremonies Tom Donlan of Barron’s, and a keynote address from the Honorable Alex Kozinski, Chief Judge of the U.S. Ninth Circuit Court of Appeals. Judge Kozinski managed to make a lecture on antitrust law entertaining! CEI presented the 2010 Julian Simon Memorial Award to noted statisticians Stephen McIntyre and Ross McKitrick for their work in debunking the infamous “hockey stick” climate graph. Read coverage (and see photos) of our dinner from Jennifer Harper in The Washington Times, Jim Antle in The American Spectator, and David Lat in Above the Law. To all our sponsors and guests, thank you for coming and making it a great event – we’ll see you all in 2011!
>>Shaping the Debate
District Court Deals Temporary Setback to Obama’s Bankrupting Agenda
Chris Horner’s op-ed in the Daily Caller
Five Years After Kelo
Marc Scribner’s op-ed in the Daily Caller
Rail Pricing and Profitability Raise Many Subtle Issues
Roger Abbott’s letter to the editor in The Wall Street Journal
Can Obama Shut Down the Internet?
Wayne Crews’ quote in The Daily Beast
FCC Formally Launches ‘Third Way’ Process, Asks for Comments
Ryan Radia’s quote in PC Magazine
>>Best of the Blogs
Mordor Looks For More Wealth For Its Orcs
by Iain Murray – as Featured on The Volokh Conspiracy
Sen. Inhofe demolishes energy independence rationale for cap-and-trade
by Marlo Lewis
A new low for science and the NAS — the “Black List”
by Fran Smith
>>LibertyWeek Podcast
Episode 98: The Bountiful Harvest of Socialism
Richard Morrison and Jeremy Lott welcome guest co-host Jim Antle for episode 98. We cover Obama’s speechifying, the end of free checking accounts, the bountiful harvest of socialism in Venezuela and the end game of Detroit’s notorious mayoral sexting scandal.
>>Support CEI
Like what you read?
The Competitive Enterprise Institute’s 25-year record of success is made possible by our over 3,000 supporters. Please be sure to stop by www.cei.org/support to make a donation today. Curious about all the possible ways to donate to CEI? Contact Al Canata at acanata@cei.org or 202-331-2280 to find out more.
Follow CEI on the Web at:




Charles Huang
Web and Media Associate
Competitive Enterprise Institute
chuang@cei.org
http://www.cei.org
http://www.openmarket.org
202-331-1010