CEI Today: Facebook, Chevy Volt Debacle, FDA Over-Regulation

Friday, February 3, 2012
In the News Today


Facebook Filing Blasts Obama-Bush Overregulation of Sarbanes-Oxley and Dodd-Frank



In his letter to prospective shareholders in the middle of the 201-page “Form S-1” that Facebook  filed yesterday afternoon to launch its much-anticipated initial public offering, company founder and CEO Mark Zuckerberg stated that one mission of Facebook is to “bring a more honest and transparent dialogue around government.”

In one important way, another section of the IPO already does so in communicating the incredible burdens on companies attempting to go public — burdens that create difficulties even for companies as big as Facebook and almost insurmountable for smaller firms.
> Read the full commentary on Openmarket.org


Update on Chevy Volt Hearing


Marlo Lewis provides detailed analysis of the contentious House investigation and hearing concerning the Chevy Volt debacle:

As noted here last week, the sparks flew at a Jan. 25 House Oversight and Government Reform Committee hearing titled “The Volt Fire: What Did NHTSA Know and When Did They Know It?“ Three witnesses testified: National Highway Traffic Safety Administration (NHTSA) Administrator David Strickland, General Motors (GM) CEO Daniel Akerson, and John German of the International Council on Clean Transportation. My earlier post was based on newspaper accounts of the hearing. Over the weekend, I watched the archived video of the proceeding and read the testimonies and Committee Staff Report. Here are the key facts and conclusions as I see them:
> Globalwarming.org: Update on Chevy Volt Hearing

> Read more on energy policy at Globalwarming.org



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



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.

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.