CEI Today: Banks Settlement, Overregulation, and the CEI Podcast

Friday, February 10, 2012
In the News Today

CEI Podcast for February 2, 2012: The FDA’s Latest Power Grab

Fellow in Consumer Policy Studies Michelle Minton breaks down the FDA’s behind-the-scenes push to regulate dietary supplements nearly as strictly as prescription drugs. >Listen at Libertyweek.org


OpenMarket.org: Time to Pay Your Neighbor's Mortgage, Again


"The Justice Department, state attorneys general, and the biggest banks have reached an agreement to provide at least $26 billion to delinquent mortgage borrowers and others, such as left-wing housing counseling groups similar to ACORN. But if you were financially responsible, you very likely won’t benefit from this settlement, but may actually be harmed by it. It only benefits a small fraction of people who were foreclosed upon, as well as some underwater borrowers, most of them delinquent, whose mortgages were serviced by certain banks. You likely won’t get any money or principal reduction under this settlement if you paid your mortgage on time, especially if you were thrifty enough to make a large down payment (which usually prevents you from ending up underwater on your mortgage unless there is a huge decline in housing values). Instead, you may suffer, because the settlement may lead to mortgage interest rates rising in the future.  (Politicians’ desire for this settlement was based onvoodoo economics)."




OpenMarket.org: Principles of Law: Simplicity is Beautiful



"The U.S. Constitution is a model of simplicity. You can read the whole thing in under a half hour. And that is the secret of its success. It doesn’t need to outline the specifics of agricultural or trade policy. That’s Congress’ job.

The EU’s de facto constitution runs well over 200 pages. Where the U.S. Constitution paints with a broad brush, the European Union fills in every last detail. Most countries, including the U.S., are turning to this top-down model and rejecting the Constitution’s more bottom-up approach.

The thinking goes, “How can something so simple be effective when the modern world is such a complicated place? The 21st century is very different from the 18th century.”

Good question. The answer is that those extra layers of complexity are precisely why a bottom-up approach is more important than ever. Top-down governance is hard enough even in a simple agrarian economy. It is impossible in a world like ours. Too many variables. The more rules there are, the easier they are to subvert."




Immigration Tariffs

"In the latest CEI Podcast, Fellow in Regulatory Studies Ryan Young interviews Alex Nowrasteh on immigration tarrifs. 


Listen here."






CEI is a co-sponsor of this year’s Conservative Political Action Conference (CPAC), Thursday, February 9 to Saturday, February 11 in Washington, D.C.

CEI will have a table in the exhibit hall of the hotel, the Marriot Wardman Park Hotel in Washington, DC.  Please stop by booth 1509 and say hello if you are attending CPAC.

> Book CEI experts on Radio Row.

> See CEI Speakers at CPAC:

CPAC panel featuring Sam Kazman: The Red Tape War: How the Regulatory Burden and Growing Nanny State Threaten Prosperity
Thursday, February 09, 2012
10:00 - 11:00 am
Room "Wilson C"

CPAC panel featuring Vincent Vernuccio: Return of Big Labor: What Can We Learn from Wisconsin & Ohio?
Thursday, February 09, 2012
11:15 am – 12:00 pm
Marshall Ballroom

CPAC panel featuring Fred L. Smith, Jr. & Myron Ebell: The Obama EPA's Green Assault on American Jobs
Thursday, February 09, 2012
4:15 - 5:00 pm
Marshall Ballroom

CPAC panel featuring Ryan Radia: Digital Liberty: Tying Government's Hands on Tech, Telecom, and the Web
Friday, February 10, 2012
2:30 - 3:30 pm
Maryland Room


CPAC panel featuring Alex Nowrasteh: Immigration - High Fences, Wide Gates: States vs. the Feds, the Rule of Law & American Identity

Saturday, February 11, 2012

9:50 - 10:50 am
Marriott Ballroom

Visit Conservative.org/cpac for the full conference agenda.


Ten Thousand Commandments

By Wayne Crews

Welcome to The Other National Debt -- The Cost of Regulation

-> Read Today's Decrees


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.