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Op-ed Placement

Retailers Seek a Wealth Transfer From the Banks

On Friday, March 21, the United States Court of Appeals for the District of Columbia handed retailers a considerable setback in their ongoing war against banks over price controls on interchange fees-the fees charged to retailers when they accept debit cards as payment. The court's decision is the latest salvo in the wake of the Durbin Amendment, which was hurriedly and quietly added to the Dodd-Frank financial services reform legislation of 2010. The amendment mandated that the Federal Reserve Board establish price caps for debit card interchange fees. Retailers claimed the caps were necessary to protect consumers, but the reality of the Durbin Amendment has been a direct transfer of resources from banks to retailers, with consumers facing higher costs as collateral damage.

03/25/2014
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Blog

With March 31st Deadline Looming, Obamacare Still Falling All Over Itself

As the first round of open enrollment for Obamacare draws to a close, the president and his senior staffers are desperately pitching it to the demographic they most need, often to the exclusion of seemingly weightier matters.

03/24/2014
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Blog

Medicaid Expansion Is Obamacare

Obamacare proponents would like you to believe that Medicaid expansion is "free" to the states and "free" to the people who go on the program. But like everything else, it has costs. While the federal government promises to cover most of the cost of the expansion, they've already made 17 trillion other promises.

03/21/2014
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Blog

The Minimum Wage Doesn’t Help the Poor, It Traps Them

Republicans hate the poor. Why else would they consistently oppose increases to the minimum wage? This is the progressive drumbeat that we have heard year in and year out for as long as anyone can remember, and will continue to hear as Congress tries to push for $10.10 federal minimum wage later this year. But a fallacy can only persist for so long before reality starts to catch up. It’s time to put this talking point to rest once and for all. The myth that higher minimum wages help the poor has finally run its course.

03/20/2014
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Blog

NYTimes Surprised War on Coal Hurts Low Income Families

The "I told you so" hits just keep on coming.

03/17/2014
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Blog

8 Ways Government is Waging a War Against Young People

1. Youth Unemployment is Still High

03/14/2014
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Blog

Americans Are Unimpressed With ObamaCare

Americans remain unimpressed with the train wreck known as ObamaCare. So far, the number of people completing the cumbersome exchange signup process has not met expectations. It will continue to disappoint its supporters because the product of the massive redesign of our health care system is one that its targeted customers do not want.

03/14/2014
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Blog

Another Glimpse Into Our Healthcare Future From England?

Uh-oh, the government is "helping" again.

03/12/2014
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Blog

Supreme Court Hears Oral Arguments on Greenhouse Gases

A critical case was argued before the U.S. Supreme Court late February that has major implications for the electric utility industry and future efforts by the Environmental Protection Agency (EPA) to curb greenhouse gas emissions. The case is called Utility Air Regulatory Group v. EPA and it will determine whether or not the EPA acted legally when it granted itself the authority to regulate greenhouse gas (GHG) emissions from stationary emitters such as power plants.

03/05/2014
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"When most people think of laws today, they think of legislation passed by Congress. Yet, the primary source of law that governs society today developed from common law and court cases. Today, case law is secondary to statutory law set down by federal and state legislators. As a result, the United States is burdened with a massive amount of unnecessary legislation."
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Blog

Deterioration of the Legal System

When most people think of laws today, they think of legislation passed by Congress. Yet, the primary source of law that governs society today developed from common law. In a common law legal system, laws are developed by judges through decisions of courts and similar tribunals, rather than by legislation. A majority of the rules of contract law, tort law, property law, and criminal law evolved from common law, while legislation served to simply codify decisions or fill in areas not covered by case law.

03/05/2014

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