Yesterday’s proposal by New York City Mayor Michael Bloomberg to limit sugary drinks in the Big Apple left a sour taste in the mouths of Americans nationwide. Criticism spanned the political spectrum, as consumers expressed outrage over the plan to ban sweetened beverages in cups or containers larger than 16 …
Yesterday, faced with stiff congressional opposition to its plan to close over 3,600 post offices, the U.S. Postal Service (USPS) blinked. It was hardly a profile in courage on either side, with Members of Congress unable to resist the reverse NIMBYist urge to protect their local post offices at all …
Yesterday, after word got out (via a post here on the Foundry) regarding new “mandatory fees” on Christmas trees imposed by the Obama Department of Agriculture (USDA), the White House moved quickly to suspend implementation of the new tax. The fees, which were supported by an industry group called the …
The newly created Consumer Financial Protection Bureau (CFPB) took a step forward today to getting its first director, as the Senate Banking Committee voted 12–10 to confirm Richard Cordray in the post. Even before the vote, however, President Obama raised the stakes. Referring to Bank of America’s decision to impose …
What’s wrong with this picture? Last night, President Obama told Congress that the nation desperately needs to spend more on infrastructure in order to create jobs and to get the economy moving again. But only last month, his regulators aggressively moved to thwart private-sector plans to invest tens of billions …
