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    The Volcker Rule: Three Years and Nearly 1,000 Pages Later

    Five financial regulatory agencies have completed the final rules to implement the Volcker Rule, a regulation required by the Dodd–Frank bill that is supposed to protect taxpayers by restricting banks’ financial activity. The rule would prohibit banks from engaging in what’s known as proprietary trading—that is, making risky investments solely … More

    The Thanksgiving Menu: Overstuffed with Regulations

    On the fourth Thursday of November, our attention naturally turns to food and football the Pilgrims who celebrated America’s first Thanksgiving. After great privation, a bountiful harvest inspired the Plymouth colony to lay a great feast. That they survived is remarkable. After all, there was no Environmental Protection Agency to … More

    Tales of the Red Tape #41: The FDA's Latest Mission Creep(iness)

    Federal regulations already dictate the shape, color, size, and content of the nutrition panel on food labels. Not good enough, apparently. The diet squad at the Food and Drug Administration (FDA) is preparing to track eye movements to uncover the “subconscious and conscious factors” behind our grocery choices. They plan … More

    Clean-Energy Fuel Cell Gets Inventor a Jail Cell

    Krister Evertson is the kind of person all good conservationists should honor. He spent his life’s work in pursuit of an economical, clean-energy fuel cell that could generate power without polluting the air. However, that endeavor lead to two prosecutions and 13 months in federal prison. To help fund his … More

    PBS Constitutional Road Trip: Smooth Ride with a Few Bumps

    This week, PBS premiered part one of a four-part series on the Constitution. In it, Peter Sagal, host of NPR’s Wait, Wait, Don’t Tell Me, rode around America astride a decked-out flag motorcycle to investigate the Constitution in modern America. And the first leg of his journey was surprisingly good. … More

    Obamacare Hassle: A 127-Million-Hour Paperwork Burden

    Three House committees have added up the total hours of burden that Obamacare’s regulations will cost Americans: over 127 million hours per year of paperwork. Federal law requires agencies to estimate the paperwork burden created by rules and regulations, so the estimates for hours of burden come from the Obama … More

    Paperwork Errors Can Send You to Prison

    Under a recently proposed rule, a clerical error could send someone to prison for five years. In the latest attempt to criminalize seemingly every aspect of our lives, a group of federal bureaucrats in the Pipeline and Hazardous Materials Administration (PHMSA), an agency within the Transportation Department, recently proposed a … More

    Tales of the Red Tape #36: USDA Lays a Regulatory Egg

    The Obama Administration fervently opposes state laws requiring voter identification to cast a ballot. But it is insisting that the nation’s farmers prove the identity of every chicken transported across state lines. Under the fowl rule proposed by the U.S. Department of Agriculture (USDA), a flock that has been hatched, … More

    Tales of the Red Tape #32: Civil Rights for Bashful Bladders

    There are several colloquialisms for “paruresis” (par-YOU-ree-sis), one of the newer additions to the growing list of ailments supposedly protected under the Americans with Disabilities Act (ADA): “pee panic,” “stage fright,” and “urophobia,” among them. No matter one’s term of preference, they all refer to a difficulty or inability to … More

    Exclusive Interview: John Stossel Says Government Can't Solve Our Problems

    John Stossel’s skepticism of government and his storytelling approach about free-market economics have made him a rock star in conservative and libertarian circles. He spoke at The Heritage Foundation on Wednesday about his new book, “No, They Can’t: Why Government Fails—But Individuals Succeed.” It is Stossel’s latest attempt to debunk the myths … More