New York Attorney General Drops Half Its Fraud Case In Closing Arguments Lower Manhattan. November 7, 2019. The downsized “Exxon knew” trial in New York City has ended. The parties await a verdict from Judge Barry Ostrager in the New York Supreme Court. A 3-year investigation by the New York Attorney General into some 4 …
Category: overregulation
Oct 25
Why did ExxonMobil choose a bench trial rather than a jury trial?
New York. October 25. New York Supreme Court. Antigovernment News Bureau. The downsized “Exxon knew” trial currently occurring in New York Supreme Court in lower Manhattan provides a look into several larger-scale litigation choices by ExxonMobil attorneys. Exxon is being sued by the State of New York for accounting discrepancies in the company’s reports and …
Oct 23
Day 2 of downsized “Exxon knew” trial: prosecution strikes out with early early witnesses
by Roger Roots, Antigovernment News and Justice Travelers Lower Manhattan, New York, Oct. 23. Day 2 of the downsized “Exxon Knew” trial in lower Manhattan was much ado about meetings, phone calls, glossy reports and discussions among Exxon and some of its institutional investors. ExxonMobil has long been a king of the New York Stock …
Oct 11
Remember those claims that government had to take over the internet to ensure equal access? California’s PG&E just showed why “Net Neutrality” is a bad idea
Shortly after the development of electricity as a viable means of household energy, governments sought to regulate it. Soon every state required electricity providers to get permission from “public utility” commissions. Then came government control over pricing, profits and implementation. Today’s electrical companies are essentially monopolies—with government licenses. Later studies debunked the government arguments—too late. …
Oct 06
Ecuador government begins arresting shopkeepers for price increases
In a free market, rapid price increases are quickly fixed by suppliers who, seeking quick profits, hurriedly get more product to market. This growth in supply then leads to rapid reductions in prices. A sure way to ENSURE that consumers will be deprived of plentiful, cheap goods, on the other hand, is for governments to …
Sep 27
Governments increasingly linking ID systems with “social credit” systems
Orwell’s famous book 1984 imagined a future world in which government identifies and monitors the behavior and lifestyle of every subject. Increasingly, the world’s governments are implementing the very controls foreseen by Orwell. The Chinese government, for example, is now implementing technology that will link facial recognition surveillance with the government’s “social credit” systems. The …
Sep 20
Michigan government makes it harder for hospitals to offer new cancer treatments
Michigan’s government, like governments elsewhere, requires new clinics and hospitals to get government permission before opening or offering new treatments. The State’s “Certificate of Need” Commission determines if a new startup clinic might bring unfair competition to preexisting, entrenched hospitals. (And people wonder why health care costs are so high!) On Thursday, Michigan’s government commission …
Aug 14
As tax complexity increases, “tax manager” is now the hottest career
The United States grew from a poor fledgling nation in 1789 to become the earth’s most powerful country by the twentieth century. It got there with no income taxes and a very low level of regulatory burdens. But by 2019, the United States is drowning in violent police, regulations, and taxation levels which hover around …
Feb 18
A Record 35 Percent of Americans say Government is the Greatest Problem in their Lives
Gallup has asked Americans what they felt was the most important problem facing the country since 1939. Prior to 2001, the highest percentage mentioning government was 26% during the Watergate scandal. Not only is distrust of government at an all-time high in the recent Gallup poll. But very few problems have ever registered such a …
Oct 02
Montana Outfitters License application costs $1,950
The requirement that people must obtain a government license before working in a given profession is often promoted as a public safety device. But the strongest proponents of licensing rules are often the entrenched good ol’ boys who already occupy the industry. In many licensing schemes, one must apply to ONE’S OWN COMPETITORS who sit …