CEI Today: First Amendment case, Obama gas prices, and the Battered Business Bureau


CEI.org: Bulldog Investors v. Massachusetts

After the state of Massachussets went after Bulldog Investors for responding to a citizen's request for information, the company fought back, suing the state on the grounds that the enforcement action violates First Amendment free speech rights. Now the case is before the U.S. Supreme Court, and CEI and the Cato Institute have filed an amicus brief in support of Bulldog.

Under the regulation at issue here, journalists, academics, students and others who are not wealthy or financially sophisticated cannot gain access to truthful, non-misleading information published by hedge funds on websites and in emails for one reason alone: because they are not eligible to buy securities issued by hedge funds. Only people who are able to satisfy government-prescribed criteria of wealth and financial sophistication may do so.

These regulations infringe on noncommercial speech protected by the First Amendment.
> Read the legal brief on cei.org

> Interview Hans Bader or John Berlau

> See also, article on Forbes.com



President Obama: Rising Gasoline Prices Are Everyone Else’s Fault

An ongoing theme of this blog is that green energy spending in the Stimulus was a gigantic waste of money. This is for one of two reasons: Invariably, either (1) a Members of Congress tried to influence Stimulus spending as a constituent service or (2) the Obama administration steered investments to friends and campaign contribution bundlers. Whether it’s parochial politics or crony capitalism, the results are the same—bad bets and taxpayer losses.>Read the full commentary on Globalwarming.org

>Interview Myron Ebell


Just another week in the world of regulation: 89 new final rules were published last week, compared to 68 the previous week. That’s the equivalent of a new regulation every one hour and 53 minutes, 24 hours a day, 7 days a week. All in all, 589 final rules have been published in the Federal Register this year. If this keeps up, the total tally for 2012 will be 3,477 new rules. 1,594 new pages were added to the 2012 Federal Register last week, for a total of 12,961 pages. At this pace, the 2012 Federal Register will run 77,149 pages. There were 17 significant actions this week, as defined by Executive Order 12866. Of those, none are “economically significant” final rules, meaning a cost $100 million or more per year. So far, 85 significant rules have been published in 2012. So far this year, 100 final rules affect small businesses. 19 of them are significant rules. The 9 economically significant rules published so far in 2012 cost at least $15.01 billion. Two of the rules do not have cost estimates. We assume that rules lacking basic transparency measure cost the bare minimum of $100 million per year. The true cost is almost certainly higher.>Read the full commentary on Openmarket.org

>For more data, updated daily, go to TenThousandCommandments.com

>Interview Ryan Young




Saturday, March 31

HAH is an annual event to recognize and celebrate human achievement and innovation. During the hour, participants are asked to listen to music, surf the internet, have a glass of beer, and generally enjoy the fruits of the human mind which would not have been possible in a world where conservation restrains advancement.

HAH can be
celebrated anywhere from 8:30pm to 9:30pm. In addition, CEI will be hosting a celebration at our headquarters in Washington, DC and live streaming our event online.

Join the HAH Facebook group.



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.