Tuesday, June 5, 2012

Newest piece at National Review Online: Bloomberg’s Soda Ban


My newest piece starts this way:
Mayor Michael Bloomberg wants to ban sugary soft drinks larger than 16 ounces. He believes that by this measure he can reduce obesity. But plenty of evidence indicates that he will fail. The ban will inconvenience people and waste their time, but it will not make them thinner.  
Bloomberg didn’t originate this type of idea. Public schools, which hold their students captive for much of their day, have tried a similar approach to making students lose weight. And some have gone further than Bloomberg’s limit on cup size and have banned such drinks completely. But even complete bans haven’t worked. Students simply drink more sugary drinks after school. According to an article in the Journal of Nutrition Education and Behavior analyzing data for Maine, “keeping such drinks out of teenagers’ reach during school hours may not be enough.” . . .

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Friday, March 16, 2012

My newest Fox News Piece: "If lead bullets are banned, it could compromise self-defense"

My piece starts this way:

Lead poisoning from bullets? Sounds scary, but the push by the Center for Biological Diversity in a petition to the EPA is nothing new. The claim has been brought up many times, and even the EPA during anti-gun Clinton administration dismissed the fears about traditional, lead ammunition.
The lead in ammunition has never been shown to produce any health hazards, but a ban would produce a real health hazard, making it much more difficult for people to use guns to defend themselves. . . .

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Saturday, October 8, 2011

New health care regulations seemed destined to force many off of private health insurance

Almost everyone would like a Porsche or a Volvo, but the question is are we willing to pay the price. For the vast majority, the answer is obviously "no." No matter how much it would nice to own such a car, the cost simply outweighs the benefit. Not everyone wants to buy even a mid level car. Sure it would be nice for many people to own a somewhat nicer car, but the costs aren't worth it either. Notice this news article at Fox News reporting:

The advisers recommended that the package be built on mid-tier health plans currently offered by small employers, expanded to include certain services such as mental health, and squeezed into a real-world budget. . . .

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Thursday, April 22, 2010

New Fox News piece: Obama's Plan -- A Regulatory Mess

My newest piece starts this way:

If President Obama's financial regulations are adopted, there will be fewer loans, credit will be more costly, and individuals will face more risk. Obama argues today that his reforms are necessary to prevent "a second Great Depression" from occurring, but he does nothing to fix what the government did. Nothing is done to reform Fannie Mae and Freddie Mac, despite their problems with fraud and costing taxpayers $400 billion in bailouts. Nothing is done to change government regulations that force banks to make risky mortgages.

The powers that would be given to the president and the Federal Reserve are unprecedented. The bill gives the government the power to regulate the capital, liquidity and permissible activities for a long list of firms, including securities firms, insurance companies, bank holding companies, hedge funds, finance companies as well as others. The government will be also able to limit the size of these companies.

The president claims today that he "believe(s) in the power of the free market." Yet, he is constantly demonizing companies. Even liberal New York City Mayor Michael Bloomberg warned: The bashing of Wall Street is something that should worry everybody. According to Obama, there is "an ethic of greed, corner cutting, insider dealing, things that have always threatened the long-term stability of our economic system." In contrast, for government, Obama identifies its only failure as not doing enough regulation, not doing enough to control companies.

The regulations demonstrate that the president ignores or doesn't care to know how markets operate. Take one . . .

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Monday, March 17, 2008

New Op-ed up at Fox News: "Financial Markets Are in a Mess"

This is a pretty detailed piece:

Politicians always seem to know better. Not satisfied with telling people what types of light bulbs to use and the size of cars they can drive, politicians in Washington have decided to replace financial markets and try legislating away the laws of supply and demand.

Last week congressional democrats introduced regulations to stop what they complained were "wild interest rate hikes" on credit cards. Before that Hillary Clinton advocated a 90-day moratorium on foreclosures and a five-year freeze on interest rates for sub-prime mortgages.

Yet, price controls don’t solve the problems with high interest rates. If people want to borrow more money than is available, interest rates rise, both to attract more to lend and insure that those who need what scarce money there is, are the ones who get to borrow it. If regulations prevent interest rates from going up, you get shortages and credit rationing. . . .


The main point of the op-ed is how government regulation created the current mess.

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