Author Archives: Jerri-Lynn Scofield

Does Wall Street Do “God’s Work”? Or Even Anything Useful?

Bank executives frequently proclaim that Wall Street is vital to the nation’s economy and performs socially valuable services by raising capital, providing liquidity to investors, and ensuring that securities are priced accurately so that money flows to where it will be most productive. There’s just one problem: the Wall Street mantra isn’t true.

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9th Circuit Shoots Down FTC’s Consumer Protection Authority Over Common Carriers

A federal appeals court recently decided that the FTC lacks consumer protection authority to regulate common carriers in any respect. This decision hamstrings the agency from regulating ATT, Google, Verizon and potentially applies to a wider range of companies, unless the decision is reversed on appeal or Congress chooses to act.

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BLM Moves Onshore Oil and Gas Lease Auctions Online To Stymie ‘Keep It In The Ground’ Protests

Jerri-Lynn here. This short post highlights an important problem that we’ve seen arise over and over again with the administration which pledged to be the most transparent ever: the disconnect between public rhetoric and behind-the-scenes practice. The U.S. Department of the Interior’s Bureau of Land Management (BLM) presides over the allocation of oil and gas […]

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Military Insiders and War Profiteers Will Be Reviewing Private Prisons for Homeland Security

Jerri-Lynn here. The Department of Justice received considerable plaudits in August when it announced a decision not to renew contracts with private prison companies. At the time, a Marshall Project analysis made it clear that significance of that decision was overstated, as it only affected about 15% of inmates held in private prisons. The Department […]

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