Will it try to compete against credit cards and other payment systems that it regulates?As I have suggested earlier, one of this administration’s stealth plans is to nationalize the financial industry. Providing an alternative to commercial payment systems is part and parcel of such a move. Maybe if the Fed has its way, you will soon be paying for groceries with your Obamacard. > Read more
The 24 states with right-to-work laws compare to the other states.The top 10 states most negatively affected by the lack of a right-to-work law are: Alaska, Connecticut, California, New Jersey, Illinois, Hawaii, Maryland, Wisconsin, New York, and Michigan.
State government pension debt burdens labor markets and worsens the business climate.
PENSION SMOOTHING - ALOYSIUS HOGAN
Workplacechoice.org: Labor and Employment Scorecard: Pension Smoothing as a “Pay-For” in Highway and Transportation Funding Act
On July 15, 2014, CEI scored U.S. House of Representatives Roll Call Vote #414 on final passage of the Highway and Transportation Funding Act of 2014 (H.R. 5021), a bailout of the Highway Trust Fund and extension of the current federal transpiration law, MAP-21.
Critically, funding for this bill involved “pension smoothing,” a pernicious accounting gimmick that encourages deficit spending and increases the risk of pension insolvency. > Read more
CEI's Warren T. Brookes Journalism Fellowship is a one-year fellowship that aims to provide journalists the opportunity to improve their knowledge of free markets principles and limited government through interaction with CEI policy experts. > cei.org/warrenbrookes