Land of the Free?
Bensblurb #590 1/31/11
Land of the free,
OR over-regulated to a tee (?)
Remember when we used to joke about those silly seat belts and the irrational restrictions on cigarette smoking? We’ve come a long way, alas.
Today, I replaced one of those new, so-called long lasting light bulbs--a spirally and costly thing that took a while when lit to light up adequately. If memory serves, I put it in about 6 months ago. I fully expect its old-fashioned replacement bulb to last longer. But perhaps not for really long, if some bureaucrat dictates otherwise. I disposed of the new spirally bulb in the trash. I feel certain I thus violated some regulation, for there are many concerning the danger of the bulbs, as dictated by some bureaucrat...
Now, according to the news, we won’t know what’s watt pretty soon, because the bulb sellers are going to have to rate their power in lumens. Look it up before I throw up.
Meanwhile, check out my selected head-shakers below:
(1.) Wall Street Journal: Bureaucracy has acted to prevent the next dairy farm oil slick. EPA has finalized a rule that subjects dairies to the Spill Prevention, Control and Countermeasure program--created in 1970 to prevent oil spillages in navigable waters or near shorelines. “But EPA has discovered that milk contains a percentage of animal fat (duh), which is non-petroleum oil.” USDA is now running a $3 million program “to help farmers and ranchers comply with on-farm oil spill regulations.” Oh for petes sake.
(2.) CFACT: “Interior Secretary Ken Salazar’s Dec. 22 announcement directing the Bureau of Land Management (BLM) to survey its vast holdings with a view towards determining which should be designated as “wild lands” has sent shock waves across the West.Salazar’s move is widely seen as the Obama administration’s way of dealing with a new Congress that is unlikely to create new wilderness areas legislatively. The administration is rebranding wilderness as wild lands so it can make millions of acres of public land off-limits to development through regulatory fiat.”
(3.) Power Line: [Regarding where the stimulus went, T]he federal government borrowed funds that it mainly sent to households and to state and local governments. Only an immaterial amount was used for federal purchases of goods and services. The borrowed funds were mainly used by households and state and local governments to reduce their own borrowing. In effect, the increased net borrowing at the federal level was matched by reduced net borrowing by households and state and local governments.
So there was little if any net stimulus. The irony is that basic economic theory and practical experience predicted this would happen.
(4) Forbes, By MERRILL MATTHEWS:
"Am I the only one becoming increasingly concerned about the amount of power federal agencies have over every aspect of our lives?
Everywhere we turn it seems some agency is telling Americans what they can and can’t do, whether it’s the health care we need, the technology we use, the financial decisions we make, the food we eat or the air we breathe...Last week, pharmaceutical manufacturer Genentech asked the U.S. Food and Drug Administration (FDA) to reconsider its recent decision to revoke the anti-cancer drug Avastin’s approval for the treatment of breast cancer. Either way the drug will retain its approval for treating several other types of cancer.
The drug was initially given an accelerated approval because of its promise for treating breast cancer—not curing it, but by slowing its progression and giving the patient several additional months.
Two subsequent studies found Avastin to be less beneficial in treating breast cancer than originally predicted, though those findings have been disputed. It also has side effects, but so does death from breast cancer. Oh, and did I mention that it’s expensive, about $90,000 a year.
If the FDA upholds its decision, Medicare and Medicaid will likely stop paying for the drug for breast cancer, and health insurers will likely follow suit—indeed, some already are. That change would have a huge financial impact on the roughly 17,500 women who are prescribed Avastin each year, many of whom have publicly and repeatedly claimed that the drug is helping them...
Or take the Environmental Protection Agency (EPA). The Obama administration, unable to get the elected members of Congress to pass new powers to control carbon emissions, is handing the job to the EPA, which has begun the process of drafting new emissions regulations.
“These are reasonable, common-sense steps,” said EPA administrator Lisa P. Jackson last December, which wouldn’t place “an undue burden on businesses that make up the better part of our economy.”
...[EPA claims the regs] will only target the largest companies—13,661 of them—that are responsible for most of the emissions.
So a gas, carbon dioxide, which every living thing on earth must have, is considered a pollutant and the EPA will eagerly embrace the very expensive effort to reduce that gas, even as Congress refuses to pass enabling legislation. Apparently, these agencies don’t just rule citizens, they rule Congress as well...
There are so many agencies taking control of our lives that it’s hard to identify their number, their reach and their costs—both in money and in lives. And while the President and Congress frequently tussle over the balance of power between those two branches, both of them—and especially in the last two years—have purposely and willingly handed more and more power to the alphabet soup of federal agencies...”
--Ben Blankenship
##############
Land of the free,
OR over-regulated to a tee (?)
Remember when we used to joke about those silly seat belts and the irrational restrictions on cigarette smoking? We’ve come a long way, alas.
Today, I replaced one of those new, so-called long lasting light bulbs--a spirally and costly thing that took a while when lit to light up adequately. If memory serves, I put it in about 6 months ago. I fully expect its old-fashioned replacement bulb to last longer. But perhaps not for really long, if some bureaucrat dictates otherwise. I disposed of the new spirally bulb in the trash. I feel certain I thus violated some regulation, for there are many concerning the danger of the bulbs, as dictated by some bureaucrat...
Now, according to the news, we won’t know what’s watt pretty soon, because the bulb sellers are going to have to rate their power in lumens. Look it up before I throw up.
Meanwhile, check out my selected head-shakers below:
(1.) Wall Street Journal: Bureaucracy has acted to prevent the next dairy farm oil slick. EPA has finalized a rule that subjects dairies to the Spill Prevention, Control and Countermeasure program--created in 1970 to prevent oil spillages in navigable waters or near shorelines. “But EPA has discovered that milk contains a percentage of animal fat (duh), which is non-petroleum oil.” USDA is now running a $3 million program “to help farmers and ranchers comply with on-farm oil spill regulations.” Oh for petes sake.
(2.) CFACT: “Interior Secretary Ken Salazar’s Dec. 22 announcement directing the Bureau of Land Management (BLM) to survey its vast holdings with a view towards determining which should be designated as “wild lands” has sent shock waves across the West.Salazar’s move is widely seen as the Obama administration’s way of dealing with a new Congress that is unlikely to create new wilderness areas legislatively. The administration is rebranding wilderness as wild lands so it can make millions of acres of public land off-limits to development through regulatory fiat.”
(3.) Power Line: [Regarding where the stimulus went, T]he federal government borrowed funds that it mainly sent to households and to state and local governments. Only an immaterial amount was used for federal purchases of goods and services. The borrowed funds were mainly used by households and state and local governments to reduce their own borrowing. In effect, the increased net borrowing at the federal level was matched by reduced net borrowing by households and state and local governments.
So there was little if any net stimulus. The irony is that basic economic theory and practical experience predicted this would happen.
(4) Forbes, By MERRILL MATTHEWS:
"Am I the only one becoming increasingly concerned about the amount of power federal agencies have over every aspect of our lives?
Everywhere we turn it seems some agency is telling Americans what they can and can’t do, whether it’s the health care we need, the technology we use, the financial decisions we make, the food we eat or the air we breathe...Last week, pharmaceutical manufacturer Genentech asked the U.S. Food and Drug Administration (FDA) to reconsider its recent decision to revoke the anti-cancer drug Avastin’s approval for the treatment of breast cancer. Either way the drug will retain its approval for treating several other types of cancer.
The drug was initially given an accelerated approval because of its promise for treating breast cancer—not curing it, but by slowing its progression and giving the patient several additional months.
Two subsequent studies found Avastin to be less beneficial in treating breast cancer than originally predicted, though those findings have been disputed. It also has side effects, but so does death from breast cancer. Oh, and did I mention that it’s expensive, about $90,000 a year.
If the FDA upholds its decision, Medicare and Medicaid will likely stop paying for the drug for breast cancer, and health insurers will likely follow suit—indeed, some already are. That change would have a huge financial impact on the roughly 17,500 women who are prescribed Avastin each year, many of whom have publicly and repeatedly claimed that the drug is helping them...
Or take the Environmental Protection Agency (EPA). The Obama administration, unable to get the elected members of Congress to pass new powers to control carbon emissions, is handing the job to the EPA, which has begun the process of drafting new emissions regulations.
“These are reasonable, common-sense steps,” said EPA administrator Lisa P. Jackson last December, which wouldn’t place “an undue burden on businesses that make up the better part of our economy.”
...[EPA claims the regs] will only target the largest companies—13,661 of them—that are responsible for most of the emissions.
So a gas, carbon dioxide, which every living thing on earth must have, is considered a pollutant and the EPA will eagerly embrace the very expensive effort to reduce that gas, even as Congress refuses to pass enabling legislation. Apparently, these agencies don’t just rule citizens, they rule Congress as well...
There are so many agencies taking control of our lives that it’s hard to identify their number, their reach and their costs—both in money and in lives. And while the President and Congress frequently tussle over the balance of power between those two branches, both of them—and especially in the last two years—have purposely and willingly handed more and more power to the alphabet soup of federal agencies...”
--Ben Blankenship
##############