Wednesday, April 24, 2013

Obama admin. reports it's taking an additional $18+ billion out of the US economy via regulation

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4/23/13, "Report: 2012 Regulatory Rules More Costly than All Rules in 'Entire First Terms of Presidents Bush and Clinton, Combined'," Daniel Halper, Weekly Standard

"A new report by the Regulatory Studies Center at the George Washington University finds that the cost of regulatory rules in 2012 exceeded the cost of all rules in "the entire first terms of Presidents Bush and Clinton, combined."

"The Office of Management and Budget quietly released its draft 2013 Report to Congress on the Benefits and Costs of Regulations on Friday, April 19, covering regulatory activity through the end (September 30) of fiscal year 2012," the short white paper reads.

"Recall that, as the presidential election approached, the White House was widely reported to be restraining the regulatory agencies out of concern for the state of the economy. Now that the results are tallied, however, there is little evidence of restraint. By the administration’s own estimates, the rules it issued in FY2012 alone imposed more costs on the economy than all the rules issued during the entire first terms of Presidents Bush and Clinton, combined."

The paper, signed by Susan E. Dudley, the director of the center, includes this chart, detailing the "annual costs of new regulations"." via Lucianne

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"The vast majority of “laws” governing the United States are not passed by Congress but are issued as regulations, crafted largely by thousands of unnamed, unreachable bureaucrats....The shift of authority has been staggering. The fourth branch now has a larger practical impact on the lives of citizens than all the other branches combined."

5/24/13, "The rise of the fourth branch of government," Washington Post, Jonathan Turley, opinion

"The growing dominance of the federal government over the states has obscured more fundamental changes within the federal government itself: It is not just bigger, it is dangerously off kilter. Our carefully constructed system of checks and balances is being negated by the rise of a fourth branch, an administrative state of sprawling departments and agencies that govern with increasing autonomy and decreasing transparency.

This exponential growth has led to increasing power and independence for agencies. The shift of authority has been staggering. The fourth branch now has a larger practical impact on the lives of citizens than all the other branches combined. "



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Ed. note: Both political parties are committing genocide against the US.



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