CEI Today: Durbin bank fees, Spain's bank bailout, and a Liberal War on Transparency


CEI.org: Durbin Bank Fees: An Unhappy One-Year Anniversary


One year ago this month, the Durbin Amendment debit card price controls from the Dodd-Frank financial "reform" law went into effect, greatly limiting what banks and credit unions could charge retailers to process debit card transactions. Over the past year, the costs of processing debit cards have shifted from retailers to consumers, Competitive Enterprise Institute analysts note, resulting in record-high checking account and ATM fees.  > Read all about it on CEI.org

> Interview John Berlau

> Download a Durbin Dollar to Sen. Durbin to protest his price controls ... then Tweet (Twitter.com/senatordurbin) or retweet to Senator Durbin


CEI.org: Report on Spanish Banks Underestimates Cost of Potential Bailout

A report last week said Spain’s banks could require as much as 53.74 billion euro in bailout funds, but an investigation by Matthew Melchiorre, the Warren Brookes Journalism Fellow at the Competitive Enterprise Institute, found the cost to be more than twice that much. In a post at OpenMarket.org, Melchiorre discussed two fundamental problems with the findings of Oliver Wyman, the U.S.-based consulting firm that conducted the tests. > Read more at CEI.org

> See also:
The Real Spanish Bank Bailout Cost: 113 Billion Euro

> Interview Matthew Melchiorre



The Liberal War on Transparency: Confessions of a Freedom of Information "Criminal"


In his book, released today, October 2, Christopher Horner reveals a near-obsession of modern day liberals -- political appointees, sympathetic career activists in government and academics and administrations at public universities -- to avoid creating or allowing access to the record of what they'’re up to at taxpayer expense.

> View the video: Chris Horner talks about government transparency on the Hannity show

> Interview Christopher Horner




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