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Thursday
Dec122013

CEI Today: Volcker Rule, greenhouse gas regs, antibiotics in livestock, and government unions 

Thursday, December 12, 2013
In the News Today

VOLCKER RULE - JOHN BERLAU & HANS BADER


Volcker Rule Could Cause Financial Storm


Bureaucrats issued a final regulation on Dodd-Frank's Volcker Rule that could create a "perfect storm" of destruction for Main Street investors and entrepreneurs, scholars at the Competitive Enterprise Institute warn.

For all the supposed 'toughness' of the new rule, there is nothing specific that would prevent something like J.P. Morgan’s much-despised 'London whale' trade. In the meantime, the new rules could sharply reduce the stream of initial public offerings that have been propelling the stock-market upsurge. > Read more

> Interview an expert

EPA & GREENHOUSE GASES - MARLO LEWIS

EPA Permitting of Greenhouse Gases: A Breathtaking Absence of Congressional Intent


Petitioners’ merit briefs were due on Monday this week in Utility Air Regulatory Group v. EPA, the first Supreme Court case to examine the legality of an EPA regulation addressing greenhouse gases.

According to research by Marlo Lewis:

There is not a shred of evidence in the legislative history that Congress as a whole, the House or Senate separately, or any congressional committee ever intended for the EPA to broadly apply NSR/BACT provisions to greenhouse gases.


Just to make sure nothing fell through the cracks, I today did a search of all legislation introduced during the 101st through the 111th Congresses containing the term “prevention of significant deterioration.” Of 35 bills introduced containing the term, only one was a climate-related bill (S.1168 — the Clean Air/Climate Change Act of 2007), and there is no mention in it of PSD permitting for greenhouse gases. > Read more


> Interview Marlo Lewis

FDA GOES AFTER ANTIBIOTICS - GREGORY CONKO

FDA Warned Against Hazards of Curtailing Antibiotic Use in Livestock


The
FDA is moving to crack down on antibiotics in meat. CEI's Gregory Conko says it’s not clear that restrictions would be net negative, but there is good reason to think they would be, and FDA hasn’t ever bothered to ask the question.

Conko points to good scientific research that suggests the benefits of restricting livestock uses are likely to be small because the biggest contributors to resistance appear to be poorly managed human uses.  There’s also good scientific evidence that even low-level uses of antibiotics in livestock help to keep the animals healthier, which in turn means both economic and health benefits for humans. Thus, there is good reason to believe that whatever benefits we might gain from restricting livestock uses could be swamped by the health and economic costs doing so would impose.
> Read more

> Interview Gregory Conko

GOV'T UNIONS BROKE - ALOYSIUS HOGAN

Workplacechoice.org: GOVERNMENT UNIONS BROKE – AND NOW MUST FIX – DETROIT


Government unions broke Detroit. And unions
– over their most stringent objections – are going to play a significant part in fixing it. > Read more

> Interview Aloysius Hogan

> Follow Workplacechoice on Twitter

 

    

 

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.

 



Holiday shopping? Support CEI while you shop on Amazon!

Via Amazon Smile, Amazon will donate 0.5% of the purchase price of many of the goods you buy. First, go to smile.amazon.com
and search for Competitive Enterprise Institute. Click “Select” and you be redirected to Amazon.com.

Then just shop like you normally would and Amazon will donate 0.5% of the value of your purchase to CEI!

 




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