CEI Today: Google $22 mil settlement, Obama union bail out, and a clean energy scam


FTC's Record Fine Sends Ominous Warning to Internet Innovators


Google will pay $22.5 million to settle an FTC complaint claiming the company misled Safari users about its privacy practices. This fine marks the largest the FTC has ever levied on a single company.

Privacy analysts at the Competitive Enterprise Institute, however, criticized the FTC for setting a dangerously overbroad precedent that will chill Internet innovation and hurt online startups.

“The FTC’s headline-grabbing settlement will enrich federal bureaucrats and compliance attorneys at the expense of the consumers the agency is supposed to protect,” said Ryan Radia, Associate Director of the Center for Technology & Innovation at the Competitive Enterprise Institute. “Although Google found itself in the FTC’s crosshairs this time, the agency could have just as easily targeted any number of other Web companies for similarly minor missteps.”   > Read the full comment on CEI.org

>Interview Ryan Radia


Dailycaller.com: The great Obama auto dealer job shaft

Matthew Boyle’s groundbreaking reports this week in The Daily Caller provide further confirmation that in the Obama auto bailouts, all jobs were not created equal. The administration moved heaven and earth to save the jobs and generous benefits of General Motors and Chrysler workers who belonged to the United Auto Workers, ripping up the contracts of bondholders and secured creditors — including middle-class retirees and teachers and police officers in state pension plans — to give the UAW an enlarged stake in the new companies.

But as shown by TheDC’s reporting and a
video by the conservative group Let Freedom Ring, non-UAW workers affected by the bankruptcies were not so lucky. > Read the full commentary at Dailycaller.com


>Interview John Berlau



Kyoto Credits: Stratospheric Unintended Consequences


For years, I’ve seen stories about Asian and South American companies that reap windfalls under the Kyoto Protocol’s Clean Development Mechanism (CDM). By inexpensively destroying a waste gas (HFC-23) with a high global warming potential (11,700 times that of carbon dioxide), the developing country companies receive boatloads of CDM credits they can then sell for big bucks to European and Japanese firms, who can use the credits to meet their Kyoto obligations in lieu of reducing their CO2 emissions.

Today, the New York Times provides an in-depth analysis of the unintended consequences, which include not only money-for-nothing wealth transfers totaling billions of dollars, but also increased production of a gas that depletes the stratospheric ozone layer.

 >Read the full commentary on Globalwarming.org

>Interview Marlo Lewis



Also featuring...

Obama Administration Aggravates The Minority Achievement Gap, Increases Risk Of School Violence

CEI Podcast For August 9, 2012: Getting TSA To Follow The Law

When the TSA installed full-body scanners in airports across the country, it did so illegally. More than a year after a court ordered TSA to open up its full-body scanner policy to public comment, the agency has refused to do so. Land-use and Transportation Policy Analyst Marc Scribner explains how a related lawsuit could force TSA to follow the law, and calls for de-nationalizing airport security.

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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.