THE WALL STREET JOURNAL
Editorial: The Ethanol Election Delay - Why the U.S. burns 40% of its corn, despite a global food shortage.
Last October, the Competitive Enterprise Institute and Action Aid petitioned the EPA to review the so-called renewable fuel standard that mandates that 13.8 billion gallons of corn ethanol be blended into the gasoline supply next year. The free-market think tank and global hunger charity argued that the EPA's technical regulations implementing the mandate did not meet "basic standards of quality."
That basically applies to all EPA rule making, though in this case the EPA was supposed to answer in 90 days. But last Thursday the agency took another 90-day extension, the third so far. "We would like to assure you that we are working diligently to provide you with a substantive response," the EPA claimed. > Read the Wall Street Journal editorial of Oct. 29.
> Interview a CEI expert
> View CEI's original petition to the EPA
DODD-FRANK'S PERVERSE FLAWS - IAIN MURRAY
American Spectator: Dodd-Frank's Mystery SIFI Theater
There's an even more troubling aspect of Dodd-Frank. The act designates the too-big-to-fail institutions as SIFIs -- Systemically Important Financial Institutions. SIFIs are subject to additional regulations and eligible for orderly liquidation authority. Most importantly, they have to pay staggeringly large fees to help clean up the mess when a peer SIFI fails. That's right -- Dodd-Frank requires some financial institutions to pay to fix problems created by others. > Read the full commentary at Spectator.org
> Interview Iain Murray
See also: SIMON: States’ challenge to Dodd-Frank needs support, Protecting the Constitution a serious responsibility
AIRLINE STRIKE THREAT - MATT PATTERSON
Fox News: The threat striking fear into the hearts of weary airline travelers everywhere
It’s – Attack of the Killer Pilots Union!
The Allied Pilots Association (APA), the largest of the unions representing American Airline employees, has rejected a generous contract offer from the ailing airline; pay raises coupled with a 13.5 percent stake in the new company in exchange for the flexibility to transfer some operations to allied airlines. >View the article on Foxnews.com
> Interview Matt Patterson
CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government. For more information about CEI, please visit our website, cei.org, and blogs, Globalwarming.org and OpenMarket.org. Follow CEI on Twitter! Twitter.com/ceidotorg.