Wall Street Journal: General Mills Has a Soggy Idea for Cheerios
This month General Mills announced that it would begin labeling its flagship product, the breakfast cereal Cheerios, as containing no ingredients from GMOs (genetically modified organisms), by which the company means crop plants bred with modern bioengineering techniques.
The Jan. 2 announcement came three months after activist group Green America launched a "No GMOs, Cheerios!" petition campaign online, although the company says its decision was made because it thinks "consumers may embrace it."
Whatever the motivation, General Mills may find that its move will neither catch on with "natural foods" devotees-who are unlikely to choose a highly processed, nonorganic breakfast food-nor silence antitechnology activists. The company may also have put itself in a legally awkward position.> Read more
Openmarket.org: Obama Announces NSA Reforms Could Undermine U.S. Leadership in the Global Information Economy
President Obama outlined plans to “reform” the National Security Agency’s mass surveillance programs in a Friday morning speech at the Justice Department. To his credit, the president announced some positive changes that would reduce the programs’ invasiveness and improve their judicial oversight.
Globalwarming.org: McConnell Files Resolution To Block EPA Greenhouse Gas Rule
Senate Minority Leader Mitch McConnell (R-Ky.) announced on 16th January that he and at least forty other Republican Senators would file a resolution of disapproval under the Congressional Review Act to block the EPA’s regulation of greenhouse gas emissions from new coal and natural gas power plants. EPA finally published its second version of the proposed rule on 8th January. > Read more > Interview Myron Ebell
Reining in the Executive Branch Bureaucracy, Part 1: Measure Regulatory Costs
Federal agencies often overstate the benefits of their intervention to enlarge their powers over the public; This is not derogatory, the theory of bureaucracy and insights of public choice economics virtually compel it.
The Food and Drug Administration is doing it right now with e-cigarettes that emit only water vapor, the FCC with net neutrality, the EPA with its “social cost of carbon” witchcraft. Meanwhile, most of the cost of regulation gets ignored. Big time. > Read more