Business and Finance

Here’s a sign that you may not have to worry about inflation for a while: The Los Angeles Times business page is warning that higher prices “have seeped from the gas pump into the broader U.S. economy in May, adding new hurdles for the sluggish recovery.”

What’s an Oil Subsidy? - Policymakers are labeling some tax provisions “oil subsidies” that are not subsidies. There are special tax treatments that require attention. [Heritage Foundation]

Evidently, Franklin Delano Roosevelt believed that organized labor ought to remain outside of government. He is said to have recognized the horrible prospect that conflicts of interest would arise in such a relationship. History has born out his concern, as state governors across the country can attest to.

Dwight D. Eisenhower referred to a similar conflict of interest concerning military contractors and government. Eisenhower saw similar problems in the intellectual pool of expertise that is paid to serve the government, and, vicariously, themselves.

Part I: FCC “Ancillary” Authority to Regulate the Internet? Don’t Count on It -

The FCC published its long-awaited final Report and Order on net neutrality at the end of December (more on that in part 2 of this post), but the debate is far from over.

United Nations To-Do List for the New Congress - Congress should be vigilant in scrutinizing the U.N. budget to guard against impropriety and waste. [Heritage Foundation]

Reason.tv: Prop 19 - Should Californians legalize marijuana? -

No one would make the effort to acquire anything that would immediately be stolen. The right to acquire is primary, for possession serves acquisition. Government protects the possessions of the rich in order to guarantee the right of the non-rich to acquire what they need for their convenience and happiness.

GM's IPO: Finally Taxpayers Get a Break -

General Motors has announced it will take its stock public as a move toward repaying its bailout package. About time, writes Daniel Ikenson: "A GM initial public offering is the right move, and cannot happen soon enough.

Politicians and pundits often use the word “fair” to describe policies they favor. But what does “fair” really mean?

Cyber Attacks and Friendly Fire

Obama internet 'kill switch' bill approved - http://www.campaignforliberty.com/wire.php?view=12212 [Campaign for Liberty]