FEMA Making it Rain

An article in the Columbia Tribune informed everyone that aid would be available to residents who were victims of the September storms. According to the article, the assistance will be available to the insured, the uninsured, and citizens that lived in the federally designated flood plains.

With this news, I would just like to revisit an summer op-ed written by Matt Simpson, which discussed the incentives of flood relief. Does subsidizing and funding reconstruction efforts REALLY ease the pain caused by floods?

For Once, Loopholes Work in Missouri Consumers’ Favor

So, gas prices have sure gotten low lately. I’m showing my age here, because they are the lowest I’ve seen them since I started driving. And the best part about gas being so cheap is the fact that it is no longer required to include an ethanol blend.

According to Missouri’s ethanol mandate, if gasoline prices drop below those of ethanol prices, then retailers are no longer required to sell the ethanol blend. The Kansas City Star covers the story here. Well, this is good news for Missourians. No longer will our engines be clogged with this substance that drives up the costs of gasoline and food and makes our cars less efficient.

Be sure to read the Show-Me Institute’s study of ethanol. Hopefully, gas prices will stay low — not only for the sake of my wallet, but also for the sake of Missouri residents who are no longer forced to purchase ethanol.

Another Potential Meaningless Victory for the Nanny State: Bike Helmets

Helmet laws are a popular mechanism by which state and local governments like to insert themselves into the lives of their citizenry, and the recent news out of Saint Louis County is no exception.

Naturally, I oppose this on ideological grounds, but I am willing to consider the case for the sake of argument. A plethora of good links can be found at Wikipedia’s section on the Bicycle Helmet Debate. The conclusion? There is no consensus, but there is also a dearth of reliable data on the efficacy of helmet-wearing. A rather pithy link points out:

  • Children are 2.6 times more likely to suffer head injury through jumping and falling than by cycling. [5]
  • Helmets for motorists are much more effective than those for cyclists and more beneficial than seat belts, interior padding or air bags. Their potential for reducing injury is 17 times greater than that of cycle helmets. [7] [3]

At this point, I am not prepared to say unequivocally that helmets do not improve safety significantly. I think we can all agree that car accidents are a much greater risk to us all, and therefore a helmets-while-driving law would entail much more improved safety, and much more voter outrage.

This proposal is a classic case of legislators lashing out at an “easy fix” that isn’t really that easy (but is unlikely to be unpopular) to a problem that doesn’t really exist. Cost/benefit analysis is out the window, because we must protect our children.

Business Journal Article About Our Pension Study

The St. Louis Business Journal has an online story about the study of Missouri’s public pensions that the Show-Me Institute released last week. (You can also find the article via the Kansas City Business Journal‘s site.)

The study was written by Richard C. Dreyfus of Pennsylvania, who has alerted us to the dangers of underfunding public pensions, and of failing to alter their provisions in a way that would move them toward an increased level of defined contributions over time. And I just know that as soon as you read the word “danger,” you thought there was going to be a Jaws reference. …

The Choice of a Lawyer Is an Important Decision and Should Not Be Based Solely Upon This Blog

I grew up around St. Louis, so there are a few things that I not only know by heart, but are pretty much instinct at this point. I know that if I mention Buckley, I get $200 off the price of my car. I know that Dave Sinclair is thankful and wants me to know his address. But, most of all, I know that if I have a personal injury lawsuit, I call Brown & Crouppen at 421-HELP.

Brown & Crouppen was started by two gents named Ron Brown (not to be confused with Don Brown at the entrance to The Hill) and Terry Crouppen. Now, for years, personal injury lawyers and used car salesmen have had local commercials in St. Louis that play 23 hours a day on all the local channels. Watching so many Brown & Crouppen commericals during Saturday morning cartoons on channel 11 is probably what drove me to choose a career path in law.

But there is a new Missouri law threatening these media gems from reaching our TVs, radios, and mailboxes. What I don’t understand about the new law is the harm, if any, that these ads are causing.

Lawmakers claim these ads influence individuals too much in their decisions when choosing an attorney. But there should not be a law restricting what lawyers can advertise because individuals do not put enough effort into their searches for the proper attorney. When you pick a lawyer from an infomercial, what exactly are you expecting? Atticus Finch? No. You should be expecting exactly what the commerical promises: a lawyer with a firm who specializes in whatever area of law they say, whether it be personal injury or family law.

Part of the proposed law would require any disclaimer to be read at the same pace as the phone number. Why should lawyers alone be forced to expand their disclaimers? Surely, if lawyers have to read their disclaimers slowly, then every other disclaimer should be slowed down as well. Why should Terry Crouppen be barred from advertising his services in the manner he wishes? He’s a Missouri business owner just like Ted Drewes, even if he doesn’t “put a little wiggle in it.”

Hazy Reflections on a Weekend Wedding

Everyone at the Show-Me Institute would like to extend their congratulations to John and Monica Combest (formerly Durrwachter) for their wonderful wedding Saturday. I, especially, would like to extend my gratitude for allowing me to participate in the open bar. As our readers know, it would be hard for us to do what we do (as if we even know what that is) without John first doing what he does every morning.

The entire day was beautiful, but I think the music stood out. Monica’s family is very talented musically, and they performed all the music for the ceremony. At the reception, her father sang to her for the traditional dance, and it was extremely moving. And, as the ACC first noted, John still compiled his headlines this weekend!

A Bad Day to Be an Ameren Customer

Well, it’s been coming for months, but KWMU reports that Ameren has officially begun hearings in front of the Public Service Commission to raise rates by 12 percent. Ameren probably won’t hear a decision about this until sometime early next year. Hopefully, by then this whole economic catastrophe will blow over and a utility price hike won’t feel as bad.

Ameren claims the increased funds will go toward employee wages, construction materials, power plant fuels, and capital expenditures. Many people are raising an eyebrow or two because of this proposal’s timing. I’m sure it’s just a coincidence that Ameren wants to raise rates at the same time it wants to build a new nuclear plant. But, of course, raising customers’ rates in order to fund plant construction is illegal, but I’m sure that Ameren officials know that. Also, it has that new renewable energy mandate to manufacture and pay for. But, hey, that’s supposed to save us all money in the long run. … I just wish those savings would get here sooner.

A Great Day to Be an Intern

My fellow intern, Calvin Harris, has just received word that his mother is officially a breast cancer survivor. Since receiving word, he has bolted out of the office to go celebrate with his mom. We wish Calvin and his mom the best of luck and couldn’t be happier about her clean bill of health. This is even better than the day when we got free BBQ at lunch.

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Man on Horse Charging