Obama’s secret (and illegal) regulatory bomb

Discussion in 'Politics' started by daveman, Nov 6, 2012.

  1. daveman
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    daveman Diamond Member

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    Obama’s secret (and illegal) regulatory bomb
    The fiscal cliff looms and, because it would be the largest tax hike in history, certainly deserves all the attention it’s getting. But a regulatory cliff also looms — an astonishingly growth-crushing regulatory agenda that could be even more devastating than the fiscal cliff. How devastating? Obama refuses to tell us. And that’s illegal.

    Under the Regulatory Flexibility Act, the president is required by law to submit his regulatory agenda to Congress twice a year, in April and October. The report is required to include every economically significant regulation in the pipeline. This year, April came and went and the legally required report wasn’t filed.

    Senator Jim Inhofe (R-Okla.) last week politely asked President Obama to follow the law: “I request you comply with the law and publish the federal government’s regulatory calendar this month. Businesses and communities need to understand the future regulatory landscape in order to properly plan and invest in the economy.”

    The reply? None. October came and went with no response and no legally required regulatory agenda report. That’s because complying with the law would tell the American people how much economic pain the Obama administration has stored up for a potential second term.

    We don’t know exactly how big the regulatory bomb is going to be because of Obama’s illegal secrecy, but an estimate from the National Federation of Independent Business of some of the known rules clocks in at over $515 billion in economic costs. That estimate doesn’t even include an expected ban on coal-fired power plants whose costs could run into the trillions.​

    This President thinks he's above the law.

    His bootlickers let him get away with it.
     
  2. Old Rocks
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    Old Rocks Diamond Member

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    Yadda, yadda, yadda, all suppositon and no facts.
     
  3. Sarah G
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    Sarah G When Nothing Goes Right, Go Left Supporting Member

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    And sour grapes thrown in for good measure.
     
  4. daveman
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    daveman Diamond Member

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    Then you get to find proof that Obama submitted his regulatory agenda to Congress, as required by law.

    Of course, you cannot do that, since your little tin god has failed in his duty.

    But that won't stop you from dutifully kissing his ass, will it?

    Face it, Roxy -- you're just a mindless sheep.
     
  5. daveman
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    daveman Diamond Member

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    Since I know Roxy will splutter and huff and fail in general, perhaps you'd like to find where Obama complied with the law.

    Or, as is far more likely, you will splutter and huff and fail in general.
     
  6. g5000
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    g5000 Diamond Member

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    Do you have any other source besides the Daily Kotex which says the President has to meet this requirement?

    .
     
  7. g5000
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    g5000 Diamond Member

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  8. g5000
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    g5000 Diamond Member

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  9. g5000
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    g5000 Diamond Member

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    Here is a more objective news source about this controversy: Political Diary: Where's the Transparency, Mr. President? - WSJ.com

    The statutory deadline is one which was set by an Executive Order signed by President Bush in 2002.


    Executive Order. You know. Those things which dictators use. BWA-HA-HA-HA!

    .


    .
     
    Last edited: Nov 6, 2012
  10. Katzndogz
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    Katzndogz Diamond Member

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    November surprise: EPA planning major post-election anti-coal regulation | WashingtonExaminer.com

    The independent and non-partisan Manhattan Institute estimates that the EPA’s greenhouse gas coal regulation will cost the U.S. economy $700 billion.

    The Obama EPA has estimated that this regulation alone will cost the U.S. economy $10.9 billion a year.

    We need regulation, but not this much | Richmond Times-Dispatch

    According to a report by the House Committee on Oversight and Government Reform, "The published regulatory burden for 2012 [alone] could exceed $105 billion. . . . Since January 1, the federal government has imposed $56.6 billion in compliance costs and more than 114 million annual paperwork burden hours."

    Ask Jones about paperwork. Buckingham Slate is overseen by an alphabet soup of federal and state agencies, and "each one of them wants something from us all the time that is costing us money" — spill-prevention plans that require hiring an engineer; pre-shift inspections; dust monitoring; and more. Jones estimates that five of his 45 employees spend 20 percent of their time simply filling out paperwork.

    This is why so many businesses have indicated a desire to leave the US for more business friendly countries.
     

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