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
Category Archives: Regulation
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
MetLife Disavows “Systemically Important” Proposal
MetLife, a nonbank financial company (NFC) and the largest insurer in the U.S., called for a hearing Monday to oppose being labeled “systemically important.” After the Financial Stability Oversight Council (FSOC), a major financial watchdog, voted in favor of adding MetLife to the list of systemically important financial institutions (SIFIs) in September, the firm hustled … Continue reading
HFT Firms Manipulating NASDAQ
Threatening equity markets, stock manipulation is among the hottest topics for investors today. Michael Lewis, author of Flash Boys: A Wall Street Revolt, describes the U.S. stock market as rigged in favor of High Frequency Trading (HFT) firms. In a 60 Minutes edition, Lewis stated that these firms are able to “identify your desire to … Continue reading
Drone Wars: Bans Against Free Enterprise?
Jeff Bezos’ plans to create commercial drone deliveries for Amazon in upcoming years might be premature based on the severe lack of new regulation establishment from the Federal Aviation Association (FAA). The Association cannot keep up with American innovation and has resorted to banning most drone usage, aside from several private-sector drones, until it completes … Continue reading
Privacy Advances or More Privacy Threats? What Might be Wrong with Eric Holder’s Statement
Attorney General Eric Holder said on September 30 that new forms of encryption that are now introduced by technology companies could thwart investigations of kidnappers and sexual predators, putting children at increased risk. In the wake of ongoing revelations of widespread surveillance of data and other electronic devices, Holder’s speech seems to be a well-coordinated campaign … Continue reading
Lamenting More Labeling
Nutrition labels have got it all: the trans fats, calories, sodium and vitamins. It seems that much of our food has labels that list just about every aspect of the product. However, it turns out that there are still parts of our food that don’t make the label. Labels on food products list only a … Continue reading
$15 Billion Tax Prevented by PIFTA
If the Senate opts in for H.R. 3086, the Permanent Internet Tax Freedom Act (PIFTA), $14.7 billion in taxes will be averted every year. During the Internet boom of the 1990s, Congress passed the Internet Tax Freedom Act (IFTA), which prevented state and local governments from collecting Internet specific taxes. Sponsored by Senate Finance Committee … Continue reading
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