CEI Daily - Royal Wedding, Health Care, and Oil Drilling


Royal Wedding


Kate Middleton, who will soon marry into the British Royal Family, comes from a family of entrepreneurs.


Director of the Center for Investors and Entrepreneurs John Berlau says people should think about the wedding as a modern-day, pro-entrepreneur fairy tale.


"Much has been made of the fact that Kate Middleton, Prince William's bride-to-be, is a "commoner." Her mother and father began their careers working as a flight attendant and flight dispatcher for British Airways, respectively. Yet she has known many of the privileges of aristocracy because her parents built a multimillion-dollar business that supported elite educations for her and her siblings."


Health Care


The Supreme Court has rejected Virginia Attorney General Ken Cuccinelli's attempts to speed up a decision on Virginia's challenge to Obamacare's individual mandate.


Warren Brookes Fellow Kathryn Ciano explains what's happening.


"By rejecting Virginia’s unusual request, the Court denied Cuccinelli’s request that its appeal bypass usual legal procedures to go directly before the nation’s highest court. Instead, the Fourth Circuit Court of Appeals will hear Virginia’s appeal, scheduled for May 10. So far five federal judges have heard challenges to Obama’s sweeping healthcare overhaul. Judges in Florida and Virginia have declared the law unconstitutional, while Democratic appointees in Michigan, Virginia, and Washington, D.C. have upheld Obamacare."




Oil Drilling


The EPA has prevented Shell from going ahead with their drilling project in Northern Alaska.


Policy Analyst Brian McGraw responds.


"Events like this are a prime example of why many in Congress want to strip authority from the EPA. Shell had reportedly invested over $4 billion in this project. When companies make investment decisions, consideration is given to whether or not bureaucrats can make arbitrary decisions to shut the project down halfway through a multi-year process. There are many other countries with natural resource reserves who do not subject economic activity to such unpredictable insanity, and in the eye of a corporation, after an event like this these locations begin to look more preferable to dealing with the United States."