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  • Agricultural Marketing Fees: Not Just for Christmas Trees

    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 … More

    Senate Postal Reform: A Lot of Money, Little Change

    With nine days to go before the U.S. Postal Service (USPS) faces default, a Senate committee on Wednesday is expected to vote on a new plan to address the crisis. The plan takes a few steps in the right direction, but it falls short of the comprehensive reform that is … More

    Obama Confirms Fears About New Financial Regulator

    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 … More

    Did Someone Say Infrastructure Investment? Look at DOJ and AT&T

    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 … More

    Postal Service: Down the Chute?

    Will the last one to leave the post office please turn out the lights? Things are looking pretty grim at the Postal Service. In a report made public today, the U.S. Postal Service (USPS) proposed cutting 220,000 positions, leaving its workforce—which once ranked with Indian Railways and the People’s Liberation … More

    Obama Reg Czar Says Bush Was Worse

    “When all else fails, blame Bush.” This seems to be the operating principle of the current Administration. Case in point: At a conference on innovation earlier this week, Cass Sunstein—the head of OMB’s regulatory review office—tried to deflect criticism that the Obama Administration was responsible for a “tsunami” of regulation … More

    Obama the Deregulator?

    Four months after President Obama called for a government-wide initiative to identify outdated regulations that are stifling the American economy, the first results are in. As announced today by Obama “regulatory czar” Cass Sunstein, agencies have identified a wide-ranging set of regulations to roll back, promising some welcome savings for … More

    Chrysler: Credit the Bankruptcy, Not the Bailout

    “We received confirmation this morning…that Chrysler Group repaid, with interest, by wire transfer to the United States Treasury and by bank transfer to the Canadian government, every penny that had been loaned less than two years ago.” That simple statement by Chrysler (and Fiat) CEO Sergio Marchionne that Chrysler had … More

    USPS Loses Another $2.2 Billion: What Congress Can Do

    Is the end near for the U.S. Postal Service (USPS)? Things have been pretty glum over the past few years, as the government-owned organization has reported loss after loss. The latest hit? A whopping $2.2 billion for the second quarter. That follows a loss in fiscal year 2010 of some … More

    Internet Regulation: As Congress Moves in, Is Genachowski Moving Out?

    On December 21 last year, the Federal Communications Commission (FCC), led by chairman Julius Genachowski, voted 3–2 to impose “neutrality” regulations on the Internet. At the time, dissenting commissioner Robert McDowell noted that the day—quite literally—was the “darkest day of the year.” The regulatory winter, however, may prove to be … More