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Politics

October 26, 2015

Shkreli's Stupid Pricing Move Vindicates Rather Than Indicts Pharmaceutical Markets

Posted by Tom Giovanetti | Comments

October 9, 2015

Congress Finally Does Something Useful and Lifts the Ban on Crude Oil Exports

We'll, here's some good news: The House voted today to lift the senseless and outdated ban on U.S. crude oil exports.

And while this may seem like a no-brainer, there are any number of no-brainer pieces of legislation that Congress isn't bothering to move, so this is progress.

There is no argument against allowing U.S. crude oil exports except for an extreme anti-fossil fuels mindset, which is as unrealistic as it is wrong.

Here's a piece written by IPI's Dr. Merrill Matthews on why the ban is outdated and should be repealed.

It's important for the Republican Congress to be passing this kind of commonsense legislation that the majority of the American people support, even if they suspect President Obama is going to veto it.

Let him. Force him to explain his rationale to the American people. Get him on record, and force all other Democratic candidates and elected officials whether they agree with the President or not.

One of the things that is so frustrating people right now is Congresses not bothering to pass good legislation because of the threat of a veto. In this baseball playoff season, Republicans need to stop playing wiffleball and start playing hardball. Read More >>

Posted by Tom Giovanetti | Comments

October 9, 2015

The Problem with Chaffetz as Speaker

You could hardly have a more fluid situation than what is going on right now with regard to future Republican House leadership, so this blog may be out of date before it’s finished. But as I’m writing, several people are maneuvering for leadership positions, and the general grassroots mood is that they want a “real conservative.”

(Of course, what a “real conservative” is differs literally from activist to activist. If they agree with you down the line on every single issue, they are a “real conservative,” and if they disagree with you on anything, they are a RINO. Apparently. Which is the biggest problem the conservative movement has right now. It’s principles, people. Anyway . . . )

One candidate who some feel is the “real conservative” for Speaker of the House is Jason Chaffetz from Utah. Chaffetz is an interesting case. Is Chaffetz the “real conservative” option?

Well, yes, the Obama administration doesn’t like Chaffetz, but that’s largely because he chairs the House Committee on Oversight and Government Reform, and thus has been looking into Executive Branch.

But conservatives mostly define themselves by their principles, and one of the pretty bedrock principles is constitutional federalism. On that front, Chaffetz is troubling, for at least two reasons. Read More >>

Posted by Tom Giovanetti | Comments

September 4, 2015

This Is Not Full Employment

You may be victimized today by those who are either economically ignorant or purposefully deceitful into thinking that good employment news was released today. In fact, you might even hear that the Federal Reserve has at last achieved one of its policy mandates of “full employment.”

Now, it’s true that economists do not define full employment as a zero percent unemployment rate. It’s actually impossible to ever reach zero percent unemployment, so economists have typically defined full employment as an unemployment rate of somewhere between 3.5 and 5 percent. [During the Reagan years, full employment was casually considered to be an unemployment rate of around 4 percent.]

So, with today’s announced creation of 173,000 new jobs and an unemployment rate of 5.1 percent, some are celebrating. But they are wrong. Read More >>

Posted by Tom Giovanetti | Comments

August 10, 2015

Tom Giovanetti Gives His Take on First GOP Debate

In an interview with CTV News, IPI's Tom Giovanetti gives his assessment of Thursday night's Fox News Channel Republican debate. 

"It was a fabulous debate," said Giovanetti. "It showed how much energy there is on the Republican side." Read More >>

Posted by Erin Humiston | Comments

May 31, 2015

An Important Supporting Argument for the Trans-Pacific Partnership (TPP) agreement

An important (though not primary) argument for the importance of the Trans-Pacific Partnership (TPP) trade agreement, and thus for the importance of trade promotion authority (TPA):

"The only thing that could stop China from dominating Asia would be if a hostile, sustainable alliance of Pacific Rim nations emerged." Read More >>

Posted by Tom Giovanetti | Comments

May 31, 2015

The Lie at the Heart of the Denton Fracking Ban

I thought we were finally finished with this.

And then, last Wednesday on the Diane Rehm Show, with another of her typical three vs. one panels, it all came back.

Not only did Texas learn from the Denton Disaster and take steps to prevent it from happening again, but so did Oklahoma, passing a clear ban on cities attempting to regulate below-the-surface issues such as drilling techniques and either blatant or de facto bans on fracking.

During Diane’s show, several called from Denton, and at least one of them repeated the lie that is at the core of the Denton fracking ban, or more specifically, the lie they keep repeating.

What is that lie? “We tried to regulate drilling activity, and it didn’t work. The fracking companies just ignored the regulations.”

Extended dance remix version of the lie: “We passed restrictions in Denton on the gas companies, but they still found ways to skirt the regulations and do whatever they wanted to do.” Read More >>

Posted by Tom Giovanetti | Comments

May 2, 2015

Now Is the Time for Republicans to Back TPA (Trade Promotion Authority)

Republicans should enthusiastically support Trade Promotion Authority (TPA). Yes, Obama is mostly right on trade. Even a stopped clock is right twice a day.

This TPA extends past the Obama admin into the next, hopefully Republican, administration. So it's not just for Obama.

"Why not wait until we're sure the next president is a Republican?" some say. Here's the problem: Right now you can peel off a certain number of Dem votes for TPA because it's for a Dem president. If a Republican is president, you'll never get those Dem votes.

Now is the time for TPA. Not just because it's right, but because it's in the strategic interest of the next (hopefully) Republican president as well. Read More >>

Posted by Tom Giovanetti | Comments

April 10, 2015

Something You Probably Don't Know About Electronic Privacy

Here's what you probably don't know: A 1986 law, the Electronic Communications Privacy Act (ECPA), governs much of the electronic privacy activities of the government. And here's the weird thing--it provides protections for electronic data that is LESS than 180 days old, but not for data that is OLDER than 180 days.

Why did policy makers think that distinction made sense? I don't know, but it's one example of how a law written 30 years ago is completely out-of-date and incapable of governing the current data storage practices in the Internet Age. And especially in the age of cloud storage. Read More >>

Posted by Tom Giovanetti | Comments

April 1, 2015

State of Tennessee vs. Federal Communications Commission

I've just received a copy of the lawsuit from the State of Tennessee against the Federal Communications Commission (FCC) for the FCC's order that attempts to overturn laws passed in states regulating municipal broadband networks in those states.

The argument is pretty clear and straightforward, as indeed I think it is. This is a most blatant violation of federalism. There is no constitutional grounds for a federal regulator to think it can overturn laws passed by the duly elected legislatures of the states.

In the Order, the FCC preempts Tennessee law pertaining to the operation of municipal electric plants, including the Electric Power Board of Chattanooga, an instrumentality of the City of Chattanooga, created and controlled by the State of Tennessee. In doing so, the FCC has unlawfully inserted itself between the State of Tennessee and the State's own political subdivisions. The State of Tennessee, as a sovereign and a party to the proceeding below, is aggrieved and seeks relief on the grounds that the Order 1) is contrary to the United States Constitution; 2) is in excess of the Commission's authority; 3) is arbitary, capricious and an abuse of discretion within the meaning of the Administrative Procedures Act; and 4) is otherwise contrary to law. . . . Accordingly, the State of Tennessee respectfully requests that this Court hold unlawful, vacate, enjoin, and set aside the Order, and provide such additional relief as may be appropriate.

Amen. Read More >>

Posted by Tom Giovanetti | Comments

March 11, 2015

An Exchange of Hill Letters on Copyright

Posted by Tom Giovanetti | Comments

March 11, 2015

Texas Legislature Attempts to Rein-in Rogue Municipalities

I'm delighted that the Texas Legislature is considering legislation designed to address a concern I described in an op/ed in the Dallas Morning News a few weeks ago: That of municipalities taking away rights and protections of their citizens by majority vote on referenda.

My favorite line from my op/ed:

If I may be permitted a bit of hyperbole, tyranny isn’t OK just because it is approved by a majority of your fellow townsfolk. Read More >>

Posted by Tom Giovanetti | Comments

January 27, 2015

Liberal Anti-Fracking Groups Getting Funding from Secretive Russia-Connected Sources

Very interesting and well-researched piece today suggesting that the evidence is piling up about U.S. anti-fracking campaigns being funded (in part at least) by Russian interests.

Read the whole thing. Very detailed. But here's an excerpt:

A shadowy Bermudan company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian oil interests and offshore money laundering schemes involving members of President Vladimir Putin’s inner circle.

One of those executives, Nicholas Hoskins, is a director at a hedge fund management firm that has invested heavily in Russian oil and gas. He is also senior counsel at the Bermudan law firm Wakefield Quin and the vice president of a London-based investment firm whose president until recently chaired the board of the state-owned Russian oil company Rosneft. Read More >>

Posted by Tom Giovanetti | Comments

January 19, 2015

An Orchestrated, Loud Guffaw

Posted by Tom Giovanetti | Comments

January 16, 2015

Dear God, let this be the low point!

So Secretary of State John Kerry's idea of diplomacy is to take James Taylor to France and have him sing to the French people "You've Got a Friend?!" Read More >>

Posted by Tom Giovanetti | Comments

 

Total Records: 68

 

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