In the wake of the Boston bombings, many people throughout the country are bracing. Yes, they got the alleged perpetrators, with one in custody and the other in the morgue, but now they brace for the inevitable legislative push that will result in nothing but a loss of liberty for people who had nothing to do with the bombings.
Sounds a lot like gun control, doesn’t it?
Memes are flying fast and furious in the wake of the apprehension of Dzhokhar Tsarnaev, many joking about what Congress and the White House will try to ban. They’re generally meant humorously, but I’m not so sure.
Over this week, we’ve heard about pressure cookers being suggested as bomb housing by such diverse sources as The Anarchist Cookbook and an al-Qaeda guide on making IEDs. As such, could they be the likely target of Washington’s ire?
Even now, statist forces are trying to decide how to keep us safe my taking away our freedoms. Just as they have done with meth, it’s entirely possible that those forces will look at regulation of how many pressure cookers one can buy in a given time frame as a way to curb would be terrorists.
In reality, almost no one buys several pressure cookers over a short period of time…unless they’re building bombs. The fact that multiple publications call for such to be used as housing is really a good reason in some people’s eyes to restrict them in some way.
Of course, there are a few things that will make this more difficult. For one, Sudafed doesn’t exact have a resale value, while used pressure cookers do. Of course, that’s not exactly a deterent for many in Washington, now is it?
Even with Americans still struggling to keep with high gas prices, President Barack Obama yesterday targeted the oil industry with more proposed regulations — once again offering nothing in the way of real solutions to increase oil supply. The Los Angeles Times notes that Obama wants more money for regulators and more penalties for what “manipulation” of the oil market:
Facing heat for high gasoline prices, President Obama tried to shift the focus to Congress, Republicans and energy traders, calling for legislation that he said would “put more cops on the beat” to crack down on potential manipulation of the oil market.
Obama called on Congress to provide more money for regulators and increase penalties for market manipulators. The president, flanked by Treasury Secretary Timothy F. Geithner and Atty. Gen. Eric H. Holder Jr., suggested that traders and speculators are affecting the price of oil and digging into Americans’ pocketbooks.
“We can’t afford a situation where some speculators can reap millions while millions of American families get the short end of the stick,” Obama said in brief remarks in the Rose Garden on Tuesday. “That’s not the way the market should work.”
Obama’s proposal would add $52 million to the budget for the Commodity Futures Trading Commission, which oversees oil futures markets, to pay for improved technology and additional employees. The president also proposed increasing the maximum civil and criminal penalties for manipulative activity in oil futures markets and beefing up data collection.
The health care bill, like any massive, comprehensive “reform” effort, has always been marked by the contradictions inherent in any such attempt. Anyone with common sense realizes you can’t demand both more coverage, while keeping costs down as well. The fact that there are unintended consequences is not only predictable, but inevitable.
Reason reports on the attempts to “fix” what has been one of many casualties of the PPACA, child-only insurance policies. These policies are designed to fill a relatively small gap in the insurance market - children who cannot obtain coverage from parents but are also above the qualifications for Medicaid. As a consequence of the legislation requiring coverage for all “pre-existing conditions” these policies are now not being written.
Of course, instead of realizing that bad law creates entirely new problems, legislators in several states are now rushing to address this new hole. Not by fixing the poorly-designed law, of course; but by introducing entirely new law that will carry with it its own side effects. In Texas, one legislator has filed a bill that would require insurers to issue policies to anyone under 19. While he’s at it, why not throw in a free puppy as well?