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Capitol Comment 230 - Senate Bill 819: The Everglades Entitlement Act
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Capitol Comment

Capitol Comment 230 - Senate Bill 819: The Everglades Entitlement Act

On April 15, Sen. Bob Graham (D-FL) introduced the "National Parks Preservation Act" (S. 819). This legislation calls for substantial funding for national parks throughout the United States. However, S. 819 has major funding inequities, mandates billions of new spending, and might better be called the Everglades Entitlement Act.

05/04/1999
Issue Analysis 89 - A Recipe for Escalating Insurance Premiums: Third-Party ‘Bad Faith’ Liability and the Royal Globe Debacle
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Press Release

Issue Analysis 89 - A Recipe for Escalating Insurance Premiums: Third-Party ‘Bad Faith’ Liability and the Royal Globe Debacle

In California and several other states, a movement is underway to enact legislation that would allow accident victims to sue the insurance company of the person allegedly responsible for their injuries. In California, the movement is known by the shorthand term, "Royal Globe"—the name of a 1979 state Supreme Court decision that authorized lawsuits of this kind for nearly a decade. The current effort to resurrect Royal Globe-type lawsuits by statute is being led by California’s trial lawyers, who no doubt remember the 1980s as a time when they were able to extract millions of dollars from insurance policyholders thanks to Royal Globe’s "third-party bad faith" rule.

05/03/1999
Class Actions: America’s New Boom Industry
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Press Release

Class Actions: America’s New Boom Industry

There is a new multi-billion dollar investment opportunity in Texas and across the country. A deal that creates percentage returns in the tens of thousands. America’s new hot investment is the class action lawsuits in state courts. While plaintiffs often receive only coupons or pocket change, trial lawyers are reaping huge fees. Legislation has been introduced in the Texas Legislature which would be a positive step toward reining in frivolous class actions and harness the trial lawyers who bring them. The Class Action Lawsuit: A Good Idea Gone Bad

04/20/1999
Capitol Comment 228 - Walling Off Windows: Nationalization is a Hostile Takeover of Consumer Interests
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Capitol Comment

Capitol Comment 228 - Walling Off Windows: Nationalization is a Hostile Takeover of Consumer Interests

Ten years ago the Berlin Wall came tumbling down and government-planned economies were on the decline. Today, attorneys general from 19 states met with Microsoft to negotiate a settlement in their pending antitrust suit. Unfortunately, the state attorneys general have proposed the largest peacetime takings in history. They advocate a radical plan to take control and to nationalize the software industry in America. At its essence, economic regulation is a statement of belief. Regulators believe that they know more about what is good for consumers than consumers do.

03/30/1999
Letter from CSE Board Chairman C. Boyden Gray to the state attorneys general regarding the pending antitrust suit against Micros
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Press Release

Letter from CSE Board Chairman C. Boyden Gray to the state attorneys general regarding the pending antitrust suit against Micros

The following is the text of a letter that was sent by CSE Board Chairman C. Boyden Gray to each of the state attorneys general. March 26, 1999 Dear Attorney General: Justice is done when the innocent are protected, the wronged are righted and all are afforded the same treatment under the law. Economic regulation bears a very heavy burden of justification, which has not been met, and pursuit of the pending antitrust suit against the Microsoft Corporation is economic regulation pure and simple.

03/26/1999
State and Local Government Retirement Programs:
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Press Release

State and Local Government Retirement Programs:

Approximately five million state and local employees are exempt from Social Security and instead participate in retirement plans administered on the state and local levels. The history of those retirement plans provides valuable information for policymakers attempting to reform the federal program.

03/19/1999
CSE Backgound - Charter Schools
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Press Release

CSE Backgound - Charter Schools

CHARTER SCHOOLS Most parents agree: Our current education system needs improvement. Charter schools can help by bringing competition, accountability, opportunity, and innovation to our public schools. Parental involvement is a key factor in your child’s success at school, and a key factor in the success of charter schools. Why?

03/15/1999
Capitol Comment 227 - Early Emissions Credits: Subsidizing the Ratification of the Kyoto Protocol
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Capitol Comment

Capitol Comment 227 - Early Emissions Credits: Subsidizing the Ratification of the Kyoto Protocol

Incentive for Ratification. The Kyoto Protocol, the international agreement to reduce emissions of greenhouse gases, seemed all but dead until the "Credit for Early Reductions Act," (S. 547) was introduced in the Senate. Designed to make ratification of the treaty more politically enticing, the bill would give President Clinton the power to hand out billions in subsidies to companies willing to reduce greenhouse gas emissions before the agreement is even implemented. The only catch is that companies cannot cash in the subsidies until the Kyoto Protocol is ratified, making a vote for S.

03/10/1999
Capitol Comment 227 - Early Emissions Credits: Subsidizing the Ratification of the Kyoto Protocol
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Capitol Comment

Capitol Comment 227 - Early Emissions Credits: Subsidizing the Ratification of the Kyoto Protocol

Incentive for Ratification. The Kyoto Protocol, the international agreement to reduce emissions of greenhouse gases, seemed all but dead until the "Credit for Early Reductions Act," (S. 547) was introduced in the Senate. Designed to make ratification of the treaty more politically enticing, the bill would give President Clinton the power to hand out billions in subsidies to companies willing to reduce greenhouse gas emissions before the agreement is even implemented. The only catch is that companies cannot cash in the subsidies until the Kyoto Protocol is ratified, making a vote for S.

03/10/1999
Administration Costs and the Relative Efficiency of Public and Private Social Security Systems
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Press Release

Administration Costs and the Relative Efficiency of Public and Private Social Security Systems

With a growing consensus developing in favor of transforming Social Security into a system of individually owned, privately invested accounts, critics of privatization have begun warning that individual accounts would be too complex and costly to administer. However, a careful examination of the administrative issues involved in individual accounts shows that, while administrative issues should be carefully considered in designing a privatized system, individual accounts are both administrable and affordable.

03/09/1999

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