CEI - FISA Bill, "Excessive" Oil Profits, and a Weird Mortgage Bill

Now Accepting Applicatons: Warren T. Brookes Journalism Fellowship Warren T. Brookes was known for his tradition of reporting from a sound scientific and economic perspective. Established after Brookes’ death in 1991, this is a one-year fellowship with the Competitive Enterprise Institute allows journalists the opportunity to improve their knowledge of the principles of free markets and limited government. Previous Warren Brookes Fellows have included syndicated columnist Michael Fumento, Reason magazine science correspondent Ron Bailey, columnist Michelle Malkin, and author James Bovard. Only candidates with a strong interest in free market policies and CEI's mission should apply. The fellowship begins on October 1, 2008. The deadline for application is July 18. To apply, send resume or CV along with a cover letter outlining how you'd like to use the fellowship to advance your career goals including specific projects you may have in mind to chall@cei.org.

>>Check out the latest blogs posts, articles, and Op-Eds from the public policy experts at the Competitive Enterprise Institute:

FISA Bill Much Worse than Immunity by Alex Harris "Apparently, the FISA bill is much worse than many commentators have made it seem. The bill goes way beyond telecom immunity. As Ars says, immunity is the 'icing, not the cake.'" http://www.openmarket.org/2008/07/08/fisa-bill-much-worse-than-immunity/

Oil Is In Your Future (and Your Pension Fund) by Hans Bader "An 'excess profits' tax on oil companies — which liberal Congressional leaders support — may well harm you by taking money out of your retirement fund, not just by discouraging oil production and exploration. Your pension fund is probably invested partly in oil companies or oil-related commodities." http://www.openmarket.org/2008/07/07/oil-is-in-your-future-and-your-pension-fund/

The Mortgage Bailout Bill Gets Weirder and Weirder by Hans Bader "The mortgage bailout bill sailing through Congress gets weirder and weirder. It turns out that in order to circumvent the Constitution, which says that tax bills have to 'originate in the House,' not the Senate, Congress filled the 'hollowed-out shell' of a House energy bill with housing tax provisions that actually originated in the Senate." http://www.openmarket.org/2008/07/10/the-mortgage-bailout-bill-gets-weirder-and-weirder/

Another Legal Double-Bind: Comcast by Alex Harris "Public Knowledge just dug up some dirt on Comcast. Comcast has been fighting charges of violating net neutrality principles at the FCC by claiming that the FCC lacks the authority to regulate such issues. But in another series of suits in state courts, Comcast claimed that the states were preempted by Congress’s delegation of internet regulation to the FCC." http://www.openmarket.org/2008/07/09/another-legal-double-bind-comcast/

DLC supports multilateral trading system by Fran Smith "Well, it’s about time. According to Reuters, the progressive Democratic Leadership Council today called upon the next president to focus on the multilateral trading system instead of bilateral deals and to approve the pending trade agreements with Colombia, Panama, and South Korea." http://www.openmarket.org/2008/07/09/dlc-supports-multilateral-trading-system/

For more analysis and wit, visit OpenMarket.org and GlobalWarming.org/blog.

In liberty,

Cord Blomquist

Online Editor Competitive Enterprise Institute