The good folks from MillionTeaBags.org dropped by CEI today after the Park Service told them that while they had a perfectly legal permit to demonstrate in LaFayette Park today, that they hadn’t specifically asked if they could display the 1 million bags of tea they had trucked in. It’s tougher to have a tea party these days—regulations and permits were not a part of the first one.
Thankfully, some of these tea partiers were friends of CEI.
So the tea bags—at least a…
If you haven’t yet, you should consider subscribing to OpenMarket.org’s RSS feed. RSS—Really Simple Syndication—is an easy way to get all your favorite website, blogs, and other sources of online news in one place. You can use web-pased readers like Google Reader or Bloglines, or you can popular programs like Mozilla Thunderbird or Microsoft Outlook.
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You can also get OpenMarket.org in your email inbox everyday. Just click here and…
Tomorrow, thousands of people around the world will participate in “Earth Hour” a holiday invented by the World Wildlife Fund that asks people to turn off the lights for an hour and think about the consequences of their energy use. Thousands of cities, iconic monuments, and even national government are participating in this anti-energy event. Even the Great Pyramids of Giza, the Acropolis in Athens, and even the Empire State Building will go dark for the event.
Tomorrow’s hour in the…
If you’re a fan of professional print journalism, you may be a little worried as of late. Denver’s Rocky Mountain News just closed its doors after nearly 150 years in the news game. Meanwhile the San Francisco Chronicle and the Seattle Post-Intelligencer are both on life support. Even the New York Times, the largest newspaper in America, has cut its dividend and mortgaged its headquarters for $225 million.
It seems clear that the age of broadsheet newspapers is coming to an end,…
Wayne Crews, CEI’s Vice President of Policy, has an article at RealClearMarkets today, challenging the Obama administration to look at cutting mroe costs than just items in the budget.
Regulation aren’t as visible as taxes and big items on the federal budget but their effects are just as great. Just like taxes remove money from the economy, regulations weigh down productivity, often with very little benefit to show.
Wayne’s advice on how to fix this:
Compile a periodic “report card” on the numbers and…
President Obama claimed in his speech tonight:
“For that same reason, we must also address the crushing cost of health care.
“This is a cost that now causes a bankruptcy in America every thirty seconds.”
This number can’t be true. A bankruptcy every 30 seconds would be equal to 120 bankruptcies per hour. Multiply that by 24 hours in a day and 365 days in a year (presuming a non-leap year), and you get 1,051,200 bankruptcies per year.
This numbers seems a little high,…
We’ve talked a lot about the TARP or Troubled Assets Relief Program over the past several months here on OpenMarket.org. But perhaps the entire thing can be summed up in this simple slide show.
From FoxNews.com:
“As the president stated during the campaign, he does not believe the Fairness Doctrine should be reinstated,” White House spokesman Ben LaBolt said.
If this is indeed the Obama administration’s official stance, the news couldn’t have come at a better time. Just last week FCC officials met with Rep. Henry Waxman’s staff to discuss resurrecting the Fairness Doctrine under a new name. Waxman, the head of the House Energy and Commerce Committee, has also been looking into “fairness” issues on the Internet—creating…
Regardless of your political party or ideological leanings, the notion of the federal government spending $2 trillion, adding to the national debt of nearly $11 trillion already, should make you stop and consider the staggering size of our national tab.
If the irony of using debt-based spending to solve a problem caused by debt-based spending has escaped you, perhaps these fun facts will put things into perspective:
If you spent $1 every second, you’d have to keep spending for 412,000 years to get…
Wayne Crews, CEI’s Vice President of Policy, made this statement about Senator Judd Gregg’s withdrawing his name as the nominee for Commerce Secretary:
Congratulations to Sen. Judd Gregg (R-NH) for standing on principle and withdrawing his name as U.S. Commence Secretary nominee.
The easy path would be to stay in the job, and enter the history books as holder of one of the most prestigious titles in American government and society.
While Congress seems recklessly bent on “stimulating” this nation off an economic…
Sirius XM Satellite Radio—the company born from the merger of Sirius Satelllite Radio and XM Satellite Radio—has “been working with advisers to prepare for a possible bankruptcy filing,” according to the New York Times.
Some may say that Sirius XM was never a fit business to begin with—many of their new subscribers came from the bundling of subscriptions into the sale of new automobiles—but it’s hard to say what might have been had federal regulators not delayed the merger for 18…
on February 20th Stanford economist John B. Taylor will be publishing a book analyzing the financial collapse. According to the book’s current home on the web at Stanford’s Hoover Institution’s website, the book will:
The author tells how unusually easy monetary policy helped set the crisis in motion, as interest rates at the Federal Reserve and several other central banks deviated from historical regularities. He explains monetary interaction with the subprime mortgage problem, showing how the use of these mortgages, especially…