When Americans make the monumental decision to purchase a new home, they must endure the complicated process of attaining a mortgage. Many factors are involved in this process. One of which is paying for the real estate settlement services that are involved in home buying. Examples of said services include real estate agents and brokers, … Continue reading
Category Archives: Regulation
How Small Programs Hidden in Dodd Frank are Costing Americans Big Money
More than five years following the passage of The Dodd-Frank Wall Street Reform and Protection Act (Dodd-Frank), the question of necessity of such an extraordinarily large and overbearing act persists. This enormous document was introduced to address the issues existing in the financial system, specifically to prevent another financial crisis, but it appears to have … Continue reading
Proposed Overtime Rule: Overestimated Benefits Fail to Justify Costs
This past summer, the Department of Labor (DOL) unveiled a proposed rule that could provide almost five million new workers with overtime protections. Currently, overtime regulations apply only to those earning $455 or lower weekly. If implemented, this new rule would increase the salary threshold up to $970 a week. This threshold is equivalent to … Continue reading
Economic Freedom Series: Why Do I need a Prescription for Contact Lenses?
The Federal Trade Commission (FTC) and Federal Drug Administration (FDA) have infringed upon my economic liberties. Collectively, these government bodies created an inefficient marketplace that burdens contact lens retailers and consumers. In hopes of curtailing market power granted to contact lens prescribers by FDA regulation, the FTC designed the Fairness to Contact Lens Consumer Act … Continue reading
Free the Fuel for Technological Innovation
Every time you get a text message, watch a YouTube video, Google a question on your phone, or jam out to “97X BAM, the future of Rock n’ Roll”, you are utilizing the radio spectrum. As the fuel for essentially all communication between connected devices, everything, from the free WiFi you enjoy at Starbucks, to … Continue reading
Two More Ways the “Open Internet Order” is Illegal
As I have previously discussed, the Open Internet Order (OIO) recently passed by the Federal Communications Commission (FCC) is an unconstitutional breach of the Fifth Amendment’s Takings Clause. That is not the only legal pitfall of the order, however. It also violates the Telecommunications Act, the very law which it is using to apply Title … Continue reading
Meat Industry Challenged by New DGAC Report
Do you love coffee but also love red meat and dessert? If so, there’s good news and bad news. On Thursday, February 19, the Dietary Guideline Advisory Committee (DGAC) released a lengthy 571-page report of suggestions to the Department of Heath and Human Services (HHS) and the U.S. Department of Agriculture (USDA). The report explained … Continue reading
The FCC’s Disregard for Property Rights
The Federal Communications Commission (FCC) has seemed to make its mission of late to trample over property rights in the name of “public interest.” Nowhere is this propensity more clear than in its recent moves on net neutrality and the blocking of Wi-Fi by private entities. In the coming days, the FCC will probably designate … Continue reading
FCC Regulation is Bad for Economic Growth
As the Federal Communications Commission (FCC) prepares to expand its regulatory reach to encompass internet providers under Title II of the Communications Act, many have objected that the measure will reduce investment needed to expand overall broadband capacity. The new order will increase uncertainty both about what shape enforcement of the rules will actually take … Continue reading
Senators Want FDA Action in Collecting More Animal Antibiotics Data
The use of antibiotics in animal food has been an ongoing debate. In 1977, the U.S. Food and Drug Administration (FDA) tried and failed to limit the use of antibiotics in animal feeds. This loss in 1977 helps explain why the agency is so trepid in pursuing any significant action and why clear legislation is … Continue reading
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