ACI in the HILL: Chip/PIN, Best Near-term Solution

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A recent piece in The Hill’s Congress Blog missed some important points on the security benefits that chip and PIN technology provides. While I agree with the author’s view that there is no silver bullet for preventing all credit card fraud, chip and PIN is the best available near-term solution to protect American consumers from […]

ACI in the Gainesville Sun: Better Prep for the Storm

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While there is no preventative measure to stop a hurricanes from reaching Florida, preparation is paramount and it requires going beyond buying generators and stocking up on batteries, bread and water. It requires financial preparation, which is something that Florida leadership has been focused on in recent years. Fortunately, progress is being made, despite some […]

Underfunded Retirement Plans May Sink Us All

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As we wriggle out from the worst recession in about 70 years, unfunded state and local pensions, and federal egos, could trigger the next financial calamity. The Congressional Budget Office estimated in 2011 that states and local government owed $2-3 trillion in unfunded pension liabilities for government employees. One state and one city at a […]

The Public Needs a Seat at the National Security Table

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Bulk surveillance of American’s telecommunications services by the National Security Agency (NSA) was, according to some, authorized in the Patriot Act Section 215 and was monitored by the Foreign Intelligence Surveillance Court (FISC).  But, the Second Circuit of the U.S. Court of Appeals ruled that Section 215 of the Patriot Act does not permit NSA […]

ACI in Forbes: FCC’s Tax and Subsidy Plan

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The Federal Communications Commission (FCC) is contemplating a new universal service program that would subsidize broadband services for low-income consumers, and it is looking to use its Lifeline program, which currently subsidizes low-income telephone service consumers, as the model to follow.  However, a closer look at the history of the billion-plus Lifeline program shows a wasteful […]

Awaiting a Competent Leader

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A Gallup study of how working age Americans see their retirement income reveals significant concerns.  They will continue to rely on Social Security, pensions, IRAs, 401(k)s and other savings, but for many, total income will be so inadequate for retirement that employment after retirement age is inevitable for many. Some traditional sources of retirement income […]

EU Protectionism on the Rise

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For two decades, Google has focused tightly on improving its prowess in Internet search.  It is very good at search, and while it dominates search (worldwide about 88%) it is not the only player.  Microsoft’s Bing (4.5%) also produces excellent results, along with other rivals Yahoo (4.3%) and Baidu (0.6%).  When consumers choose among these […]

FCC Chairman Appoints ACI President to the CAC

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Today, the FCC announced that Chairman Wheeler has appointed membership to the Consumer Advisory Committee (CAC).  Steve Pociask (ACI president) was selected as one of CAC’s members, with Dr. Joseph Fuhr (professor of economics at Widener University and Senior Fellow at ACI) as an alternate to the CAC.

ConsumerGram: Patient Benefits from Biosimilar Competition

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The recent approval of the first biosimilar drug by the FDA will mark the beginning of competition for a class of lifesaving medicines in the U.S., after nearly a decade of availability in Europe and elsewhere.  This ConsumerGram will explore how the pending introduction of competition for biologic drugs will lead to immense consumer benefits, both […]