Business
Trump wants to reduce regulations—everyone should help him

From the Fraser Institute
President Trump has made deregulation a priority and charged Elon Musk’s Department of Government Efficiency with suggesting ways to cut red tape. Some progressives are cautiously supportive of deregulation. More should be.
From Jimmy Carter to Sen. Ted Kennedy (D-Mass.), progressives once saw the wisdom of cutting red tape — especially if that tape tied the hands of consumers and would-be competitors in order to privilege industry insiders.
After the election, Sen. John Fetterman’s (D-Pa.) former chief of staff, Adam Jentleson, encouraged Democrats to embrace “supply-side progressivism,” calling for “limited deregulation that advances liberal policy goals.” He pointed to successful Democratic candidates like Marie Gluesenkamp Perez (D-Wash.) and Jared Golden (D-Maine), both of whom have raised the alarm about overregulation.
Vice President Kamala Harris recognized that the regulatory state sometimes hurts those whom it is supposed to help. In campaign proposals to address the housing crisis, she vowed to “take down barriers and cut red tape, including at the state and local levels.”
Cautious Democratic support for deregulation may surprise those who think only of the Sen. Elizabeth Warren (D-Mass.) approach. Warren once claimed that “deregulation” was “just a code word for ‘let the rich guys do whatever they want.’”
In reality, regulations often help the rich guys at the expense of consumers and fair competition. New Deal regulations, for example, forced prices up in more than 500 industries, causing consumers to pay more for necessities like food and clothing when a quarter of the workforce was unemployed. Economists have documented similar price-raising regulation in agricultural, finance and urban transportation. In other cases, regulations require customers to buy certain products such as health insurance. Licensing rules protect incumbent service providers in hundreds of occupations despite little evidence that they protect consumers from harm.
More subtly, regulations can protect industry insiders by limiting the quantity of available services. State certificate-of-need laws in health care, for example, limit dozens of medical services in two-thirds of states, raising prices, throttling access, and undermining the quality of care.
That’s one reason why Rhode Island’s Democratic governor wants to reform his state’s certificate-of-need laws.
If you don’t believe that regulations protect big businesses instead of their customers, take a closer look at how firms lobby. In 2012, the National Electrical Manufacturers Association lobbied to maintain a ban on incandescent light bulbs. Why? Because it raised the costs of smaller, rival firms that specialized in making the cheaper bulbs. Local car dealerships lobby to preserve state restrictions on direct car sales, which limit potential competitors that sell online.
In international comparisons, researchers find that heavier regulatory burdens depress productivity growth and contribute to income inequality.
In the U.S., the accumulation of regulations between 1980 and 2012 is estimated to have reduced income per person by about $13,000. Since low-income households tend to spend a greater share of their incomes on highly regulated products, they bear the heaviest burden.
Progressives can help break the symbiotic relationship between special interests and overregulation. Indeed, they’ve often been the first to identify the problem.
Writing a century ago in his book “The New Freedom,” President Woodrow Wilson warned that “regulatory capture” would grow as government itself grew: “If the government is to tell big businessmen how to run their business, then don’t you see that big businessmen have to get closer to the government even than they are now? Don’t you see that they must capture the government, in order not to be restrained too much by it?”
The capture Wilson warned of took root. By the early 1970s, progressive consumer advocates Mark Green and Ralph Nader were noting that “regulated industries are often in clear control of the regulatory process.” The problem was so acute that President Jimmy Carter tapped economist Alfred Kahn to do something about it.
In his research, Kahn meticulously showed that when “a [regulatory] commission is responsible for the performance of an industry, it is under never completely escapable pressure to protect the health of the companies it regulates.” As head of the Civil Aeronautics Board, Kahn moved to dismantle regulations that sustained anti-consumer airline cartels. Then he helped abolish the board altogether.
Liberals such as Nader and the late Sen. Ted Kennedy (D-Mass.) supported the move. Kennedy’s top committee lawyer, future Supreme Court Justice Stephen Breyer, later noted that the only ones opposed to deregulation were regulators and industry executives.
Their reform efforts unleashed competitive forces in aviation that had previously been impossible, opening up airline routes, lowering fares and increasing options for consumers.
It’s an embarrassing truth for both Democrats and Republicans that none of Carter’s successors, including Ronald Reagan, have pushed back as much as he did against the regulatory state.
Trump faces an uphill battle. He’ll stand a better chance if progressives acknowledge once again that lower-income Americans stand to gain from deregulation.
Automotive
Dark Web Tesla Doxxers Used Widely-Popular Parking App Data To Find Targets, Analysis Shows

From the Daily Caller News Foundation
By Thomas English
A dark web doxxing website targeting Tesla owners and allies of Elon Musk appears to be compiled from hacked data originally stolen from a massive ParkMobile app breach in 2021, according to records obtained by a data privacy group.
The site, known as DogeQuest, first appeared in March and publishes names, home addresses, contact details and other personal information tied to Tesla drivers and DOGE staff. Marketed as a hub for anti-Musk “creative expressions of protest,” the platform has been linked to real-world vandalism and remains live on the dark web. Federal investigations into DogeQuest are already underway, the New York Post first reported.
“If you’re on the hunt for a Tesla to unleash your artistic flair with a spray can, just step outside — no map needed! At DOGEQUEST, we believe in empowering creative expressions of protest that you can execute from the comfort of your own home,” the surface-web DogeQuest site reads. “DOGEQUEST neither endorses nor condemns any actions.”

A screenshot of the DogeQuest surface website captured on April 3, 2025. (Captured by Thomas English/Daily Caller News Foundation)
ObscureIQ, a data privacy group, compiled a breakdown of the data — obtained by the Daily Caller News Foundation — and determined 98.2% of records used to populate the site matched individuals affected by the 2021 ParkMobile breach.
Encouraging destruction of Teslas throughout the country is extreme domestic terrorism!! https://t.co/8TCNIbrQxA
— Elon Musk (@elonmusk) March 18, 2025
DogeQuest originally appeared as a surface web doxxing hub, encouraging vandalism of Teslas and displaying names, addresses, contact details and, in some cases, employment information for roughly 1,700 individuals. The site used stolen ParkMobile records along with data purchased from brokers, flagging anyone who had a Tesla listed in their vehicle registration profile, according to ObscureIQ’s analysis.
The platform — now operating as “DogeQuest Unleashed” via a .onion dark web address — has also published personal details of high-value targets including senior military officials, federal employees and private sector executives in Silicon Valley. A spreadsheet reviewed by the Daily Caller News Foundation indicates several individuals targeted work areas like cybersecurity, defense contracting, public health and diplomatic policy. DOGE staff and their families appear prominently throughout the data.

A screenshot of DogeQuest’s surface website, captured on April 3, 2025. (Captured by Thomas English/Daily Caller News Foundation)
No other reporting has yet tied DogeQuest directly to the ParkMobile breach, which impacted over 21 million users in 2021. The company, which facilitates cashless parking across the U.S., quietly disclosed the breach in April of that year, admitting that “basic user information” had been accessed. ObscureIQ’s research shows that exposed data included email addresses, license plate numbers and phone numbers — enough to triangulate identity when paired with commercial data brokers.
The company agreed to a $32 million settlement to resolve a class-action lawsuit stemming from the data breach. The lawsuit alleged that ParkMobile failed to secure its Amazon Web Services cloud storage, allowing access to the data. Although payment data were reportedly not compromised, plaintiffs argued the exposed information still posed serious privacy risks — a claim now reinforced by its use in the DogeQuest doxxing campaign.
Despite federal attention, the site has proven difficult to keep offline, as the dark web mirror incorporates anonymized hosting methods, frustrating law enforcement takedown efforts.
The Department of Justice charged three suspects last week linked to physical attacks on Tesla vehicles, charging stations and dealerships across multiple states, though it has not publicly confirmed any link between those suspects and DogeQuest. Meanwhile, the FBI has acknowledged it is “actively working” on both the doxxing campaign and a parallel rise in swatting incidents affecting DOGE affiliates.
Business
Will Trump’s ‘Liberation Day’ Tariffs End In Disaster Or Prosperity?

From the Daily Caller News Foundation
By J.D. Foster
“Liberation Day” has come. So what does it mean? Beats the hell out of me.
What we know is that President Trump’s avalanche of tariffs was to hit a peak on April 2; not end, mind you; not necessarily “the” peak, as more could be on the way; but a peak.
No Trump policy more completely breaks with America’s past than his “beautiful” tariffs on just about everything coming into the United States from just about anywhere.
Will this new policy liberate American manufacturing from foreign shackles? Will it usher in a new era of prosperity, keeping in mind the United States had for many years the consistently best-performing economy in the industrialized world, even overcoming the many inane obstacles erected by the Biden-Harris Administration?
Or will it leave the United States isolated, friendless, and weakened?
The correct answer at this point is no one knows, not even the bloviating talking heads on TV confidently predicting demise or Shangri-la.
Think of it this way. Suppose you’re a restaurant chef and a woman hands you a new recipe. Her father turns 75 soon and they want to have a party at the restaurant. The recipe is for the father’s favorite dish, one her mother made for years.
The recipe looks old, with odd ingredients and processes you’ve not seen before. Now judge it as a chef.
You can’t. Even as you start chopping and dicing, mixing ingredients as instructed, you’re not too sure how this is going to turn out. You have to wait until the dish is on the plate and taste it.
That’s the case with Trump’s tariffs. How will this all turn out? It’s too soon to tell.
The stock market sure doesn’t like it, but why should it? The investor class doesn’t understand this any better than you do. What they do understand is this new policy has upended assumptions and created enormous new uncertainties. We know that dish as those ingredients are always good for a big pullback.
Much of the confusion arises because we don’t know the underlying policy and likely this uncertainty is intentional. Trump likes keeping his counterparts, in this case our trading partners, guessing. If it means Americans are confused for a bit, Trump’s cool with that. Breaking eggs to make an omelette. It will pass and America will be great again afterward. Bon appetite.
If the core policy is to erect massive and mostly permanent tariff walls behind which American firms can hide, then we know how this will turn out: America, meet the dustbin of history.
If the core policy is to force our trading partners to deal with America fairly by reducing their trade barriers after which Trump will remove his tariffs, then this could turn out very well. Tariffs (and non-tariff barriers) in the U.S. and those of our trading partners would fall, reinvigorating the free trade that has energized prosperity for decades.
Which is it? Walls and doom or freedom and prosperity? Again, too early to tell.
Whatever else Trump does in his second term, these tariffs will define his presidency, akin in consequence to Ronald Reagan’s pro-growth tax cuts and Joe Biden’s inflation.
Trump in his second term clearly lives by the saying, “go bold or go home.” He’s got “bold” down pat. We will see over the next year or so whether he and the Republicans go home. Has he liberated Democrats from any fear of Republicans in the mid-terms or in 2028, or he’s liberated America from any fear of Democratic socialism and wokism returning in our lifetimes. The chips are all-in. Soon we will see the cards. Uncertainty, indeed.
JD Foster is the former chief economist at the Office of Management and Budget and former chief economist and senior vice president at the U.S. Chamber of Commerce. He now resides in relative freedom in the hills of Idaho.
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