Entries in CEI (1348)
LAW SCHOOL DEBT - HANS BADER
Openmarket.org: Staggering Law School Debts Will Lead to Exploding Debt Disaster for Graduates and Taxpayers
Federal financial aid policies have encouraged law students to borrow increasing amounts to attend law school, despite the glut of lawyers (oddly, government policies encourage more people to go to law school, driving up law school tuition, even as the Obama administration seeks to cut back on vocational education aimed at training the skilled blue-collar workers who are in desperately short supply in much of the country). The result, says law professor Brian Tamanaha, is a “Quickly Exploding Law Graduate Debt Disaster” in which most recent graduates of many law schools will never be able to pay off their staggering student loan debt. > Read the full story on Openmarket.org
WARREN T. BROOKES JOURNALISM FELLOWSHIP
The Competitive Enterprise Institute offers a one-year fellowship for journalists seeking to improve their knowledge of the principles of free markets and limited government. The fellowship is named in honor of the late Warren T. Brookes (1929-1991), a nationally syndicated columnist known for his tradition of reporting from a sound scientific and economic perspective.
DOJ SUES APPLE - WAYNE CREWS & RYAN YOUNG
CEI.org: Justice Department Should Drop Apple Lawsuit
The Justice Department sued Apple and several publishers on Wednesday, alleging the firms colluded over e-book pricing. CEI policy experts Wayne Crews and Ryan Young believe the lawsuit is a mistake.
Wayne Crews, Vice President for Policy: “The complaint against Apple seems to be that collusion and smoke-filled rooms paved the way to a deal by which Apple gets a 30 percent cut of the publishers' e-books sold for Apple devices, while other vendors are forbidden from selling below that pre-specified price. Such ordinary business deals, you see, involve a now-disparaged free market instrument called a ‘contract.’
“This arrangement appears to have been a normal response to Amazon's deep discounts of e-books below physical book prices. DoJ's solution is presumably to stop free enterprise, and allow Amazon to dominate e-books? Now, thanks to DoJ getting involved, competitors need not respond to to Apple and the publishers to better serve consumers and shareholders.”
> Read the full comment on CEI.org
EPA HAZE RULE - WILLIAM YEATMAN
Globalwarming.org: EPA Math: Nothingness in North Dakota Is Worth $12 Million/Year
How much would you pay for nothing? Personally speaking, I wouldn’t pay a single cent for zero returns, and I think most Americans would agree. It is this shared sentiment that compels me to feel bad for North Dakotans, because EPA is forcing them to pay $12 million annually, for nothing.
I am not exaggerating. EPA last Friday promulgated a final Regional Haze regulation for North Dakota, which requires almost $12 million in annual compliance costs, in exchange for “benefits” that are literally invisible.
I’ve written about the Regional Haze rule many times before on this blog (see here, here, here, and here). It was created by the Congress in 1977 amendments to the Clean Air Act. Its purpose is to improve visibility at federal national parks and wilderness areas. The hallmark of the Regional Haze provision is the unique degree of primacy accorded to the States over EPA. Because Regional Haze is an aesthetic regulation—and not a public health regulation—the Congress intended for the States to be the lead decision makers. > Read the full story on Globalwarming.org
OFFSHORE WIND SAVES BILLION$*!!! (*but only if you ignore the exorbitant cost of offshore wind)
House Natural Resources Committee Subpoenas Interior Department over Radical Rewrite of Mining Law
COURT RULES ON LABOR UNION CASE - IAIN MURRAY AND F. VINCENT VERNUCCIO
WashingtonExaminer.com: Walker's reforms stand up in court, on balance sheets
U.S. District Court for the Western District of Wisconsin Judge William Conley ruled that [Wisconsin] could limit collective bargaining for government employees and protect the workers' right to not pay union dues while still keeping their jobs. However, he also ruled that the state could not require unions to be recertified every year or prohibit dues deductions from government paychecks.
The key point was not the merits of Act 10 but the fact that they were not universally applied. The court ruled that the recertification and dues deduction provisions violated the First Amendment and Equal Protection Clause of the Constitution because they exempted public safety unions. They might have been ruled constitutional were they applied to all union members. > Read the full story on WashingtonExaminer.com
SOLYNDRA AUDIT - MARLO LEWIS
EPA OVER-REACH - WILLIAM YEATMAN
Globalwarming.org: EPA Sweeps Another Fracking Fail under the Rug
The EPA recently informed Range Resources that it was dropping its order to a Fort Worth, Texas-based natural gas company to provide drinking water to residents in Parker County. In its original order, EPA claimed tests had concluded that hydraulic fracturing (a.k.a. “fracking”) operations by the company “caused or contributed to the contamination of at least two residential drinking water wells.”. Although EPA’s subsequent letter to the company did not identify why the Agency was abandoning its case, it would appear that the move is a vindication of the conclusions drawn by the Railroad Commission.
This is the second time in three weeks that EPA has suffered egg on its face for an overreach on fracking regulation. > Read the full commentary on Globalwarming.org