As if further evidence actually is needed, Bank of America on Thursday demonstrated yet again how government price controls inevitably harm consumers—and low-income consumers the most. In this instance, the nation’s largest bank (by assets) announced on Thursday a new $5 monthly fee for use of a debit card. Several …
The Obama Administration has issued a record number of costly rules and regulations compared to its predecessors. But one set of new guidelines, in particular, takes government authority to new heights. The moon, actually. NASA has instituted “no-fly zones” and other limits on lunar liberty to ensure that future “space-faring …
Let’s take a closer look at how the Obama Administration demonstrates “efficiency” and “economy” in actual practice. Fair warning: It ain’t pretty. New rules (supposedly) intended to maximize the services of government contractors require such firms to give first preference in hiring to the workers of the company that lost …
The White House on Tuesday announced “final plans” to reduce “unreasonable” regulations that hinder economic growth and job creation. That President Obama even acknowledges there are costly consequences to government dictates is progress of sorts, and any reduction in red tape is most welcome. But the anticipated savings from the …
Rock Katschnig, a corn and soybean farmer in Prophetstown, Illinois, spoke for millions of business owners this week when making a polite appeal to President Obama: “Please don’t challenge us with more rules and regulations from Washington, D.C., that hinder us.” The scene: A “town hall” forum on the third …
Some 14 million Americans are jobless, but there just aren’t enough qualified sheepherders or goatherders to meet demand. The federal government, therefore, is allowing ranchers to “import” foreign shepherds to temporarily tend their flocks, but only if they comply with the full range of regulations specified by the official Labor …
Optometrists and ophthalmologists aren’t seeing eye to eye these days on the proper role of government. So contentious is the issue that divides them, in fact, that West Virginia legislator Don Perdue says he spent 16 hours locked in his office “trying to keep (them) from clawing each others’ eyeballs …
