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Keyword: regulation

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  • This Tax Proposal Could Be the Largest Obstacle to Growing Small Businesses Online

    10/22/2014 2:44:23 PM PDT · by ThethoughtsofGreg · 6 replies
    American Legislator ^ | 10-22-14 | Ben Wilterdink
    Dealing with federal, state and local taxes and regulations is already an incredibly burdensome task on startups and small businesses. But beyond complying with onerous regulations from the jurisdiction where businesses operate, there is a little talked about potential tax change that could make it much more difficult for small businesses to expand into the online marketplace. This complication is known as the Marketplace Fairness Act or MFA. Right now, traditional “brick-and-mortar” stores are required by states and localities to collect sales taxes from customers and remit those back to the states. This is because they have a physical presence...
  • EPA takes step in regulating drinking water

    10/20/2014 4:33:15 PM PDT · by Oldeconomybuyer · 47 replies
    The Hill ^ | October 20, 2014 | By Laura Barron-Lopez
    The Environmental Protection Agency took the first step toward regulating a chemical in the country’s drinking water on Monday. The EPA issued a preliminary determination to regulate the chemical called strontium, which is a naturally occurring element. At elevated levels strontium can impact bone strength in people who don’t consume enough calcium, the EPA said. Strontium has been found in roughly 99 percent of the public water systems in the U.S..
  • Polar Vortex Highlights Grid Reliability Concerns

    10/15/2014 2:02:37 PM PDT · by ThethoughtsofGreg · 10 replies
    American Legislator ^ | 10-15-14 | John Eick
    One of the chief concerns about the EPA’s recently proposed Clean Power Plan is the effect that the regulation would have on electric grid reliability. We’ve written before about the roughly 50 gigawatts of installed baseload capacity that the EPA itself acknowledges will be retired by 2020 directly as a result of the proposed rule, as well as the 70 gigawatts slated for retirement as a result of other EPA regulations. Stakeholders and policymakers can see for themselves which generating stations in their state the EPA includes in their estimates by using the interactive map on our website. Altogether, these...
  • Castro Valley Winery to Government: Crush Grapes, Not Vintners

    09/21/2014 6:06:15 AM PDT · by Kaslin · 23 replies
    Townhall.com ^ | September 21, 2014 | Debra J. Saunders
    "You'll never meet anyone who says, 'I want to be a millionaire. I think I'll start a winery,'" owner Bill Smyth tells me from his small office over the tasting room of Westover Vineyards, nestled in Palomares Canyon. Smyth has worked in a number of fields. He made some money. He bought the vineyard property when he was young. His ex-wife bought him a kit to make wine, and his labor of love turned into a small business. Now, thanks to heavy-handed California regulators, he's selling off his ports and boutique wines and turning his winery back into a home....
  • Argentina Goes Full-Venezuela - Plans To Regulate Prices, Profits, & Production

    09/05/2014 2:37:28 PM PDT · by blam · 35 replies
    Zero Hedge ^ | 9-5-2014 | Tyler Durden
    Tyler Durden 09/05/2014 Just weeks after defaulting (yet again) on its debt (whether technically or not), and shortly after raising the minimum wage by 31% (to $523 a month) amid runaway inflation, it appears Argentina has gone full-Venezuela. As WSJ reports, the great minds that 'run' Argentina have decided to pass legislation (dubbed "the supply law") letting the government regulate private-sector prices, profit margins and production levels. The opposition is up in arms, "this is absolutely ridiculous. It's part of a very primitive ideology that says government officials should decide what people should make, how much they should make and...
  • ALEC Urges FCC to Respect Federalism, Reject Preemption on Muni Broadband

    09/04/2014 1:55:24 PM PDT · by ThethoughtsofGreg · 3 replies
    American Legislator ^ | 9-4-14 | ALEC
    On August 29, ALEC CEO Lisa Nelson and twenty state legislators sent a letter to the Federal Communications Commission (FCC). They called on the FCC to respect principles of constitutional federalism regarding states’ authority over their local governments. State constitutions or state legislatures create and define the powers of county, city and public utility districts. But the FCC is now weighing whether to eliminate the laws of some twenty states that restrict their respective local governments from going into the business of providing broadband Internet services. As a matter of public policy, ALEC believes that private sector investment, innovation and...
  • Uber Vs. The Status Quo

    08/27/2014 6:47:11 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | August 27, 2014 | Bob Barr
    Police officials in the beautiful and historic South Carolina city of Charleston have identified a major new public safety menace requiring their immediate attention. This latest threat -- being met by the authorities with an aggressive public awareness campaign and “sting” operations coupled with hefty fines in excess of $1,000 -- is not drugs, gangs, or illegal immigration. The threat posed the good citizens of Charleston is: Uber! Uber is a fast-growing, popular digital app for smart phones that provides consumers in Charleston and many cities across the country and around the world with an alternative to traditional taxi services....
  • Feds Claim Freedom is Bad For Your Health

    08/24/2014 5:48:10 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | August 24, 2014 | Michael Schaus
    The Center for Disease Control and Prevention (CDC) is trying to ban smoking… Everywhere. Well, at least everywhere someone might be working, so I guess that’s not as many places as you might think. (Hat tip to Obamanomics.) The CDC’s National Institute for Occupational Safety and Health (NIOSH) has suggested banning all tobacco consumption at every work place in the nation… Because, ya know, the nanny-state can never be too big, right?The ban would apply to not only office buildings, restaurants, and retail stores, but it would also apply to any outdoor location (such as construction sites, landscaping work, and...
  • Treasury looks to stop 'corporate deserters' on its own

    08/21/2014 5:10:22 AM PDT · by W. · 26 replies
    The Washington Examiner ^ | August 21, 2014 | Joseph Lawler
    President Obama doesn't have the authority to simply stop the companies he calls “corporate deserters” from taking up legal residency in low-tax countries. The Obama administration began examining its ability to take executive action to address corporate inversions without Congress because it lacks the support of Republicans. "Unless the U.S. corporate tax rate is reduced to 10 percent or less," Harvey told the Examiner, "it will still be beneficial for U.S. [multinational corporations] to invert."
  • The Importance Of Maintaining A Tax-Free Internet

    08/11/2014 2:22:00 PM PDT · by ThethoughtsofGreg · 8 replies
    American Legislator ^ | 7-29-14 | Aaron Bisla
    Chances are, you’ve never thought of having to pay a tax to check your Email or your Facebook account. That’s because the Internet Tax Freedom Act has prevented local, state, and federal governments from taxing Internet access. Widespread adoption of the Internet has been due, in no small part, to the absence of tax barriers to access. But now, taxes loom on the Internet’s horizon as Congress nears the sunset of the law. The affordability and accessibility of the Web will be in jeopardy if Congress fails to do something before the moratorium expires on November 1. There are a...
  • Investing in the Internet: Municipal or Misguided Broadband?

    08/06/2014 2:21:38 PM PDT · by ThethoughtsofGreg · 5 replies
    American Legislator ^ | 5-6-14 | Aaron Bisla
    The idea of universal Internet access is a noble one, but taxpayers shouldn’t be strapped with sustaining failing businesses in order to reach that ideal. Innovation and investment by private broadband providers in the free market has put universal access within reach. Private enterprise avoids the risks to taxpayers when municipal government-owned broadband networks go bust. State and local governments have a critical role to play in ensuring universal access to broadband Internet. By ensuring economic conditions favorable to marketplace innovation and investment, states can do more to advance broadband access than risky muni broadband projects.
  • Feds Say Businesses Can't Require Employees to Speak or Understand English

    07/08/2014 8:59:59 AM PDT · by John Semmens · 12 replies
    Semi-News/Semi-Satire ^ | 4 July 2014 | John Semmens
    The Equal Employment Opportunity Commission (EEOC) is suing Wisconsin Plastics, Inc. of Green Bay, Wisconsin for discriminating against non-native persons by insisting that employees must be conversant in English in order to hold jobs with the company. Jacqueline Berrien, EEOC Chairperson dismissed the possibility that some minimal competence in the English language might be a legitimate skill required of an employee. "Whether an employee understands English is a matter of convenience for the business,":Berrien explained. "Granted, conducting business in a single language might be more efficient. But the individual's right to speak whatever language he chooses is a human right....
  • The First Crisis Hits Shale Drilling {hyperbole}

    07/02/2014 5:37:06 AM PDT · by thackney · 10 replies
    Real Clear Energy ^ | July 1, 2014 | Dave Forest
    "Crisis" may be a little hyperbolic. But shale production of oil and gas in America suddenly got a lot riskier this week. That's because of a landmark decision from one of the highest state courts in the land. Upholding the right of individual towns to regulate shale drilling, trumping state or federal regulatory regimes. The ruling came down yesterday in New York. Where the State Court of Appeals voted 5-2 to reject challenges to fracking rules imposed on the oil and gas industry by two municipalities in the state: Dryden and Middlefield. The saga started in 2011. When the two...
  • Sandra Fluke the Sexist: Women Can’t Take Care of Themselves

    06/30/2014 8:23:06 AM PDT · by Kaslin · 24 replies
    Townhall.com ^ | June 30, 2014 | Michael Schaus
    I don’t mean to be (entirely) dismissive… But does Sandra Fluke actually still matter to anyone? I mean, you would think that even Democrats might eventually grow tired of listening to a 30-something year old college student whine about wanting free birth-control. But, I guess you would be wrong. Sandra is at it again, ahead of the Supreme Court’s ruling on the Hobby Lobby case. Hobby Lobby has been fighting for the religious liberty of its owners before the Supreme Court. Today, SCOTUS is expected to release its ruling on the matter – determining whether or not the Obamacare contraception...
  • Germany to push for economic reforms in G7

    06/29/2014 5:40:43 PM PDT · by Olog-hai · 3 replies
    TheLocal.de ^ | 29 Jun 2014 17:12 GMT+02:00 | (AFP)
    Germany wants to promote structural economic, financial market and tax reform when it takes over the presidency of the G7 club of rich nations next week, German media reported on Sunday. Member states must “join forces to support an even stronger economic recovery”, Finance Minister Wolfgang Schäuble and central bank chief Jens Weidmann said in a written message to other G7 members, the Handelsblatt business daily said. […] Germany—the Eurozone’s largest economy—also called for progress to address “the remaining gaps in financial market regulation”, including shadow banks, and on the automatic exchange of tax information. Schäuble also wants to promote...
  • What It Takes to Legalize Sex Work

    06/25/2014 1:33:37 PM PDT · by Citizen Zed · 15 replies
    NY Times ^ | 6-25-2014 | JAKE FLANAGIN
    For countries that choose to regulate prostitution, it remains a vexing question: What’s the best way to do it? Canada’s answer, as Colby Cosh writes in Maclean’s, is to “put the concept of prostitution back into the Criminal Code.” He adds: “For decades, we had these leftover Victorian laws against ‘living off the avails’ and keeping a ‘bawdy house’ without any actual ban on prostitution itself. There are economic reasons to legalize sex work, too. According to The Wall Street Journal (paywall), the sex trade contributed £5.3 billion (about $9 billion) to the British gross domestic product in 2014.
  • Why States Should Oppose New EPA Regulations

    06/25/2014 2:51:45 PM PDT · by Kaslin · 7 replies
    Townhall.com ^ | June 25, 2014 | Tim Phillips
    “…Our energy policy is creating jobs and leading to a cleaner, safer planet.” If only these words spoken by our president during his State of the Union address were actually true. The energy industry is the latest victim of Obama Administration overreach. Under the guise of addressing global warming, President Obama’s Environmental Protection Agency (EPA) has proposed a plan that would require all states to make drastic reductions in carbon emissions. In essence, this forces them to use less coal and effectively mandates a transition to more expensive and less reliable energy sources like wind and solar – regardless...
  • Watch Out Fishermen! Obama Is Planning a “Seafood Fraud” Crisis

    06/22/2014 12:55:20 PM PDT · by Tolerance Sucks Rocks · 43 replies
    The Independent Sentinel ^ | June 20, 2014 | Sara Noble
    Obama has a plan to ruin the seafood supply chain with regulations and it’s gonna cost ya. Secretary of State John Kerry has found a new cause now that he’s fresh off his mid-East failures. He is directing federal agencies to work on developing a program to combat seafood fraud upon orders from the imperial president. This follows up Mr. Obama’s proclamation that he would implement his climate change agenda using a pen and a phone. It also follows Mr. Obama’s seizure of a huge swath of the Pacific Ocean for the government, making it inaccessible for drilling and fishing....
  • CFPB Announces Broad New Powers [satire]

    06/22/2014 11:05:37 AM PDT · by John Semmens · 7 replies
    Semi-News/Semi-Satire ^ | 20 June 2014 | John Semmens
    The Consumer Financial Protection Bureau announced in the Federal Register that it will “aggressively deploy cease and desist orders against businesses whose activities are a detriment to the nation’s well-being.” For the moment this new authority is “interim.” It is expected to become final on July 18. “For too long the Government has sat idly by while businesses have foisted unsafe and unhealthy products on an unsuspecting public,” CFPB Director Richard Cordray charged. “Under Section 1053(c) of the Dodd-Frank Act, we are empowered to protect the general public by ordering offending businesses to cease and desist.” Two industries that are...
  • More Job Killing Policies from the Anti-Gun Crowd

    06/09/2014 6:53:58 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | June 9, 2014 | Michael Schaus
    Most gun control schemes do little, if anything, to positively effect change in criminal trends. In fact, such schemes have largely proven to be economically illiterate attempts to restrict and regulate the private ownership of firearms. And examples of the bad economics of gun control just keep piling up. I know, I know: Not everything is about the bottom line; but when the bottom line suffers in a misguided attempt to forward useless gun bans, I think it starts to matter a little bit more. In the latest example of gun-control killing private businesses, Century International Arms is laying off...
  • Nanny State Shenanigans, Not Logic, Dominate Reusable Bags Debate

    05/24/2014 8:45:47 AM PDT · by Kaslin · 14 replies
    Townhall.com ^ | May 24, 2014 | David Williams
    Many people question whether or not bureaucrats care about or have common sense. The best example of this is the unending debate on reusable bags and plastic bag bans. Time after time, we’ve seen the truth that bag bans and mandated usage of reusable bags does next to nothing to boost the environment. No, they kill jobs and raise costs for no good reason. Most recently, an Edelman Berland study sought to examine how frequently so-called reusable bags were actually used. According to the study, some 61 percent of respondents stated that though they preferred the reusable option, they...
  • ObamaCare’s Contraception Mandate

    05/13/2014 7:32:47 AM PDT · by Academiadotorg · 1 replies
    Accuracy in Academia ^ | May 12, 2014 | Spencer Irvine
    Law professors John Eastman of Chapman University and Martin Lederman of Georgetown debated the religious implications of ObamaCare’s contraception mandate during a panel discussion at a recent Federalist Society conference. With the passage of the Religious Freedom Restoration Act (or RFRA), Congress was “trying to restore a 200-year-old understanding of what the free exercise clause did” for religious conscience. He said, “The First Amendment was not there to protect religions that could only get their accommodations through the majoritarian process.” With religion, “You can challenge the sincerity of religious beliefs but cannot challenge the merits of it” and people “have...
  • Chicago suburb tells feds to keep their money -- and their school lunch regulations

    05/11/2014 7:28:39 AM PDT · by SeekAndFind · 9 replies
    American Thinker ^ | 05/10/2014 | Richard L. Benkin
    A school district in Chicago’s northwest suburbs is quitting the National School Lunch Program over new regulations championed by first lady Michelle Obama. The so-called Smart Snacks in School policy, set to take effect on July 1, is the latest attempt by our Regulator-in-Chief to dictate every aspect of Americans’ behavior. It dictates strict calorie, sodium, fat, and sugar guidelines for any food sold in schools during the day. That even includes the ubiquitous bake sales and other fundraisers. Instead of forcing the school district’s 500 low income kids and others to eat “healthier,” however, the administration is only creating...
  • Texas Is Permanently Shutting Abortion Clinics and the Supreme Court Can't Do Anything About It

    05/05/2014 4:10:10 AM PDT · by markomalley · 51 replies
    National Journal ^ | 5/5/2014 | Sophie Novack
    When Texas Gov. Rick Perry signed a sweeping anti-abortion law in 2013, he did so knowing the measure faced an uncertain future. Indeed, the law is already winding its way through the legal system, and if its opponents have their way, Texas's reproductive legal code will land in the hands of the Supreme Court. But such a decision is likely a year or years a way, and back in the Lone Star State, the final judicial score won't much matter. The law has already had tremendous success in closing abortion clinics and restricting abortion access in Texas. And those successes...
  • Outbox vs. USPS: How the Post Office Killed Digital Mail

    04/30/2014 5:27:15 PM PDT · by Utilizer · 41 replies
    Inside Sources .com ^ | April 28, 2014 | Derek Khanna
    Baehr and Will Davis, were summoned to Washington for a meeting with the Postmaster General. Evan and Will wondered what it could be, “They must have seen the recent coverage in CNBC, maybe they’ll help our company expand?” Or, “maybe they wanted the traditional photo opportunity and positive media buzz that political actors care so much about. Surely their company made the Post Office look good, right?” But when the Postmaster General came out to meet them, the stark reality became clear, they weren’t interested in a photo-op. As Evan and Will describe it: “This 30-minute meeting was the end...
  • DOJ's 'Operation Choke Point' May Be Root of Porn Star Bank Account Closings

    04/29/2014 5:11:21 AM PDT · by GrootheWanderer · 49 replies
    Reason Hit & Run ^ | April 29, 2014 | Elizabeth Nolan Brown
    Despite being in good financial standing, adult film performers and others in the porn industry have had bank accounts abruptly terminated—and the U.S. Department of Justice (DOJ) may have had something to do with it. Under "Operation Choke Point," the DOJ and its allies are going after legal but subjectively undesirable business ventures by pressuring banks to terminate their bank accounts or refuse their business. The very premise is clearly chilling—the DOJ is coercing private businesses in an attempt to centrally engineer the American marketplace based on it's own politically biased moral judgements. Targeted business categories so far have included...
  • EPA ban puts Minnesota's ice rinks in tough position

    04/15/2014 6:23:23 AM PDT · by TurboZamboni · 53 replies
    Pioneer Press ^ | 4-13-14 | Nick Ferraro
    The clock is ticking for Minnesota's indoor ice rinks. By 2020, the refrigerant chemical now used at half the state's 240 arenas to make ice no longer will be manufactured or imported into the U.S. as part of a global effort aimed at ridding the world of greenhouse gases linked to depletion of the ozone layer. The phaseout of the odorless gas R-22 is expected to be costly for arenas -- most of which are publicly owned -- because of an anticipated rise in its cost. After the deadline, arenas still will be able to use the refrigerant gas for...
  • Bitcoin in the sights of regulators (Australian Source)

    04/03/2014 5:54:47 PM PDT · by Up Yours Marxists · 4 replies
    Dynamic Business ^ | April 5, 2014 01:43 GMT | Edwin Carr
    Bitcoin is making news again. Angry investors in the virtual currency are joining a class action to recover nearly US$500 million “lost” when Mt. Gox, a Tokyo-based Bitcoin exchange, crashed at the end of February 2014. The collapse of the exchange is reported to be the result of theft by hackers. In another recent story, US magazine Newsweek claims to have tracked down the mysterious founder of the “crypto-currency”, a Mr Nakamoto in California. Bitcoin’s website names “Satoshi Nakamoto” as the currency’s founder but many believe that is a pseudonym. Bitcoin is associated with some high profile criminal investigations, including...
  • Lawmakers Advance Effort to Legalize Raw Milk

    03/30/2014 1:34:38 PM PDT · by RightSideNews · 22 replies
    Virginia Free Citizen ^ | March 30, 2014 | Kate Miller
    “As a producer of grass-fed beef, I am familiar with some of the difficulties small farmers face when marketing fresh food directly to consumers. Our bills would make it easier for families to buy wholesome milk directly from farmers by reversing the criminalization of dairy farmers who offer raw milk,” said Rep. Massie. “The federal government should not punish farmers for providing customers the foods they want, and states should be free to set their own laws regulating food safety.” Representative Pingree says this legislation supports small farmers. “Many consumers want to buy fresh, unpasteurized milk and regulations shouldn’t get...
  • Dallas' Food Trucks Are Banding Together to Take on the City's Overregulation

    03/29/2014 8:02:11 PM PDT · by nickcarraway · 20 replies
    Dallas Observer ^ | Fri., Mar. 28 2014 | Scott Reitz
    If you think you had it hard during these past few cold months, you should talk to a local food truck owner. Winter is tough on sales for any outdoor food service operator, and this past season was particularly nasty. Spring will bring relief but even that will be short-lived as the following summer months drive customers back into air-conditioned bricks and mortar restaurants. "You get into this wash, rinse and repeat," says Jeremy Scott, who owns and operates Tutta, a food truck serving freshly baked pizzas loaded with smoked meats. Scott recently looked at his sales through two of...
  • Can your technology withstand the pace and level of regulatory strain?

    03/18/2014 3:14:35 PM PDT · by Olog-hai
    Reuters ^ | 18 March 2014 | (The Knowledge Effect)
    Periods of industry-redefining regulatory change are hardly new. What is unprecedented is the volume and relentless pace of regulation. Organizations have to ensure they can implement the system code changes and update operating processes to comply with the welter of new legislation, regulatory initiatives and rule amendments. And they have less time in which to react to those changes. To further complicate matters, the regulations are coming from multiple sources, with no consideration of whether the objectives are complementary or conflicting, and what the cumulative impact will be. Two primary objectives are driving the extensive regulatory agenda: a desire for...
  • California mulls how to regulate ‘driverless cars’

    03/11/2014 12:29:37 PM PDT · by Olog-hai · 27 replies
    Associated Press ^ | Mar 11, 2014 1:53 PM EDT | Justin Pritchard
    The California Department of Motor Vehicles began Tuesday to puzzle through the complex question of how to regulate cars that rely on computers—not people—to drive them. Once the stuff of science fiction, “driverless cars” could be commercially available by decade’s end. Google already has sent its fleet of Priuses and Lexuses, fitted with an array of sensors, hundreds of thousands of miles in California, and major automakers are testing their own models. …
  • Beware of Democrats Promising to 'Fix' ObamaCare

    02/21/2014 6:13:21 AM PST · by IBD editorial writer · 10 replies
    Investor's Business Daily ^ | 02/20/2014 | IBD Staff
    Promises: Vulnerable Democrats think they've found a winning strategy for the November elections: Tell voters they can fix ObamaCare, but Republicans won't let them. It's a con. ObamaCare is unfixable. 'Joe Garcia is working to fix ObamaCare," says an ad for the Florida House Democrat. "He voted to let you keep your existing health plan and took the White House to task for the disastrous health care website." Of course, Garcia fails to mention ObamaCare is the reason millions lost their health plans to begin with. Or that its problems extend well beyond a glitchy website. But this is the...
  • This winter’s cold snap is one reason why Obama’s coal regulations are not the best idea

    02/13/2014 7:03:55 PM PST · by SeekAndFind · 6 replies
    Hotair ^ | 02/13/2014 | Erika Johnsen
    Even independently of the Obama administration’s policies, the U.S. energy grid has been undergoing some major shifts in the past few years. As the shale revolution has gained steam and natural gas has become more abundant, the proportion of electricity we get from coal has decreased while the role of viable-substitute natural gas has gotten bigger. Many defenders of the Obama administration’s incoming regulations for new and existing coal-fired power plants point to this ongoing market shift as part of their rationale, arguing that the transition to cleaner-burning natural gas is happening anyway and that all these regulations are just...
  • Agency Capture Benefits Wall Street?

    02/11/2014 6:02:21 AM PST · by Academiadotorg · 2 replies
    Accuracy in Academia ^ | February 10, 2014 | Spencer Irvine
    The Center for American Progress recently held a panel discussion on the topic of executive agency overreach, which several panelists called “regulatory capture.” Their major problem with executive agencies, such as the Environmental Protection Agency and others, is how regulators in these agencies are influenced by the private industries they are supposed to regulate. Princeton political professor Nolan McCarty said the real issue is semantics, adding that regulatory capture should be called “regulatory capacity.” The Princeton professor said, “We can’t really expect regulators to effectively pursue the public interest.” The current system that has “biased” regulators who oversee private industries,...
  • New York lawmakers bite hard on Bitcoin: why that's good for investors (+video)

    01/30/2014 8:30:27 AM PST · by Errant · 1 replies
    Christian Science Monitor ^ | 29 January 2014 | Gloria Goodale
    As two days of hearings on the future of digital currencies – think Bitcoin – wrapped up Wednesday in the New York State Legislature, fans of the cyber-cash were getting both bad and good news. Supporters who are drawn to Bitcoin because it largely functions outside governmental control may have been dismayed at the attempt to corral the currency inside state guidelines for the handling of money. But, at the same time, say experts, the simple act of enacting regulations bestows the legitimacy the digital currency needs to become widely used. “Most of the folks in this market who are...
  • Everything You Need to Know About Today’s New York Hearing on Bitcoin [Day 2]

    01/29/2014 7:36:19 AM PST · by Errant · 31 replies
    Coin Desk ^ | 29 January 2014 | Emily Spaven
    UPDATE (29th January, 13:14 GMT): Read CoinDesk’s report on yesterday’s hearing here. You can watch the full video here. Stay tuned to CoinDesk for more updates on today’s hearing, and be sure to follow us on Twitter for live tweets on the proceedings.
  • Everything You Need to Know About the New York Hearings on Bitcoin

    01/28/2014 7:50:49 AM PST · by Errant · 32 replies
    Coin Desk ^ | 28 January 2014 | Emily Spaven
    The New York Department of Financial Services is shortly to begin its hearing about bitcoin and other digital currencies. Taking place in the 4th Floor Boardroom of 90 Church Street, New York, the hearing is set to begin at 11:30 (EST) today (28th January) and the second session will begin tomorrow at 10:00. A live webcast of the hearings can be found here.
  • Tyranny Through Regulation

    01/25/2014 3:55:55 PM PST · by rightwingerpatriot · 6 replies
    RightWingPatriot.com ^ | January 25, 2014 | RightWingPatriot
    The progressive liberal has shown through their actions and ideology that they seek above all else, control. The very thought of individual enterprise or liberty is anathema to them as it goes against their desire for an all-powerful state to which all citizens owe their allegiance and blind faith. Of course, they'll be the ones ruling as they obviously know what is best for us common peasants. How can we expected to make decisions on our own without their benevolent guidance and wisdom? The left has many weapons in their arsenal against freedom, and one of the most potent is...
  • SHOT Show: The Last Bastion of Growing Conservatism

    01/20/2014 11:43:27 AM PST · by Kaslin · 25 replies
    Townhall.com ^ | January 20, 2014 | Rachel Alexander
    Last week, I attended the largest gun and outdoors show in the world; the Shooting, Hunting and Outdoor Trade Show. The annual Las Vegas event is so huge that only those who work in the industry are allowed to attend. The show doesn't receive much mainstream news coverage because the left-wing media doesn't want the public to know how many patriotic Americans are in the gun industry. Attendance increases every year, with 67,000 attending this year. There were 1,600 exhibitors, and over 400 companies were waitlisted. Conservatives have been losing ground in virtually every area in politics except the Second...
  • CARSON: America is dragged down by Obama regulations

    01/15/2014 9:54:29 AM PST · by jazusamo · 12 replies
    The Washington Times ^ | January 14, 2014 | Ben S. Carson
    When government grows too large, dependency replaces achievementWhen I was in high school in Detroit, I had a job as a biology laboratory assistant. I spent a substantial amount of time in the greenhouse, preparing botany experiments. I had acquired some seeds of an interesting plant and was anxious to use them to produce my own crop of these plants. I planted the seeds in a special container and kept enriching the soil and providing plenty of moisture and sunlight to enhance and accelerate the growth. I was very disappointed with the results and eventually abandoned the project, leaving the...
  • Global Warming Gone AWOL

    12/20/2013 1:49:48 AM PST · by Cincinatus' Wife · 28 replies
    The American Thinker ^ | December 20, 2013 | Jeffrey Folks
    "..........The fundamental nature of environmental thinking, as it has evolved from the efforts of earlier, well-intentioned leaders to reform air and water standards, involves an obsession with regulation and control. A corollary of this controlling mentality is a reflexive opposition to economic growth. Instead of developing our resources and seeing the nation prosper, the modern-day environmental goal is reversion to something resembling the state of nature. It is not only "no growth";it is negative growth, dragging us back to the Stone Age.But it is not just freeing the Earth of the footprint of man--it is the relationship among men that...
  • A Little Sugar Coating and Bit of Demagogy is a Recipe for National Suicide by Regulation

    12/10/2013 10:22:16 AM PST · by Starman417 · 1 replies
    Flopping Aces ^ | 12-10-13 | Vince
    One of the most odious aspects of regulation is the fact that it usually comes in a sugar coated package. Typically they are the result of a law that is intended to “help” everyone or “protect” some group or to give an advantage to a group whose members are perceived to be disadvantaged. It’s that sugar coating that makes regulations so difficult to challenge. If you oppose pouring more money into a failed school system you “Don’t care about the children”. If you oppose solar power funding or excessive energy regulation, you “Don’t care about the environment”. If you oppose...
  • Deceleration Nation: The Contrary Recovery, Government Regulation And Housing Finance Reform

    12/02/2013 12:50:43 PM PST · by whitedog57 · 1 replies
    Confounded Interest ^ | 12/02/2013 | Anthony B. Sanders
    It appears that the Corker-Warner housing finance bill is still leading in the reform derby, despite its obvious problems and omissions (like protecting the property rights of current investors). Anyone remember the beating General Motors bond investors took in the government bailout of GM? Corker-Warner does little to fix any housing market problems that exist. And that is because housing legislation can’t cure what ails the economy: decreasing labor force participation and real median household income. Here is a chart of three economic indicators with clear downward momentum: civilian labor force participation (blue), the US homeownership rate (red) and real...
  • Germany Recognizes Bitcoin As “Private Money”; Sales Tax Coming Soon

    08/19/2013 3:54:12 PM PDT · by Olog-hai · 10 replies
    TechCrunch ^ | August 19, 2013 | Romain Dillet
    After a parliamentary inquiry, Germany has clarified its position on Bitcoin. The federal ministry of finance recognized Bitcoins as “units of account”—the cryptocurrency is therefore be considered as “private money”. That’s why, according to Die Welt, the government stated that there wouldn’t be a tax exemption on commercial activities that use Bitcoins. In addition to paying capital gains tax, Bitcoin users should now pay sales tax (VAT) as well. Member of Parliament Frank Schaeffler considers Bitcoin mining as private money creation, and says that the same fiscal and legal rules should apply to Euros and Bitcoins. Yet, it is still...
  • 2013 Tax Cut Roundup Released

    11/20/2013 1:38:12 PM PST · by ThethoughtsofGreg
    American Legislator ^ | 11-20-13 | Ben Wilterdink
    ALEC’s Center for State Fiscal Reform is proud to announce its newest publication, the 2013 State Tax Cut Roundup. Released this morning, the report has already garnered national media attention from The Washington Post, Politico, and the Washington Examiner. The report highlights the 18 states that cut taxes in the 2013 legislative year. Some states like North Carolina enacted fundamental tax reform, while others made smaller changes. The tax policy changes enacted by states reflect an emphasis on pro-growth reforms that encourage economic expansion and competition.
  • Obamacare “Fix” Disputed

    11/16/2013 12:38:28 PM PST · by John Semmens · 10 replies
    Semi-News/Semi-Satire ^ | 16 Nov 2013 | John Semmens
    The feasibility of President Obama’s ad hoc revision of the Affordable Care Act was immediately disputed by leading insurers and state insurance regulators. On the insurance industry side, Karen Ignagni, president of America’s Health Insurance Plans, called the President’s move “unworkable and unfair. There is no way at this late date to implement this latest promise of President Obama. Getting our policy options in line with the requirements of the Affordable Care Act took us close to three years of work. Resurrecting policies that the ACA has outlawed cannot be accomplished within the time remaining before the legislated December 31st...
  • Rain Tax Fines Drench Maryland’s Carroll County

    11/12/2013 1:02:00 PM PST · by ThethoughtsofGreg · 7 replies
    American Legislator ^ | 11-12-13 | Fara Klein
    Maryland’s Carroll County recently received a letter from Assistant Attorney General Paul DeSantis, threatening to fine the county $10,000 for each day that it does not enact a storm water remediation fee, also known as a “Rain Tax.” The infamous Rain Tax bill came as a response to the Environmental Protection Agency’s (EPA) “pollution diet” known as the Chesapeake Bay Total Maximum Daily Load. The “pollution diet” requires reductions in pollutants that are primarily found in drainage run-off and fertilizers. The bill was signed by Governor O’Malley this past April and requires 10 of Maryland’s 24 counties to charge an...
  • Criminalizing America

    11/08/2013 2:08:58 PM PST · by ThethoughtsofGreg · 19 replies
    Red State ^ | 11-8-13 | Cara Sullivan
    The growing role of big government in our lives presents a continual attack on the cherished and hallmark American values of life, liberty and the pursuit of happiness. In no area is this expansion more troubling than the criminal justice system. Actions defined as crimes have proliferated to the point that the average American now inadvertently commits an estimated three felonies a day. This explosion of criminal statutes has little to do with protecting our communities; it is simply another symptom of the expansive reach of big government. While some criminal laws and sanctions are certainly necessary to protect public...
  • EPA Continues Its Public Listening Sessions

    11/08/2013 2:06:59 PM PST · by ThethoughtsofGreg · 5 replies
    American Legislator ^ | 11-8-13 | John Eick
    This past September, the U.S. Environmental Protection Agency (EPA) issued a new proposed rule under the auspices of the Clean Air Act (CAA) limiting carbon emissions from power plants built in the future. EPA is currently working on developing similar regulations targeting existing fossil fuel fired power plants which are expected to be announced in June 2014. Over the past couple of weeks, EPA has hosted 11 listening sessions around the country ostensibly soliciting ideas from the public to help determine what the best way to reduce carbon emissions from existing power plants under the CAA is. There has been...