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To: Rangle who wrote (45604)7/29/2012 11:22:02 AM
From: joseffy  Respond to of 48461
 
The Regulation of the American People

July 29, 2012
finance.townhall.com

With the role of red bureaucratic tape in hampering small business just in the news, we thought we'd take a historic look at how many pages of new rules and regulations the federal government spits out every year.

Or rather, in each year beginning with 1936, because that's all as far back as we could find the data! Our chart below visualizes what we found.

Generally speaking, with the exception of the period of World War 2, we find that the federal government used to be pretty well contained when it came to imposing new rules and regulations on the American people - at least, all the way up to 1970, when it appears to have undergone a bureaucratic explosion.

Here, the creation of the Environmental Protection Agency appears to have been the impetus for unleashing unprecedented waves of new rules and regulations affecting nearly every aspect of American life all throughout the next decade.

That changed in the 1980s, as the number of new rules and regulations being issued each year was brought under control. In the 1990s though, the number of federal regulations began creeping steadily upward.

In the first decade of the twenty-first century though, the amount of new rules and regulations issued each year was largely stable. That changed with the financial crisis of 2008, which saw new rules and regulations issued by the federal government spike in that year, but which abated with the waning of the crisis in 2009 as the number of pages issued to the Federal Register fell.

In 2010 however, President Obama cranked up the federal government's regulation mill to all time highs, keeping it there at least through 2011.

Wayne Crews' data for 2010 through 24 July 2012 indicates that the federal government is currently on pace to issue at least 76,300 pages of new rules and regulations this year, but we suspect the actual figure will be much larger.

The reason why is because of ObamaCare, where the recent Supreme Court decision allowing the law to go into effect will require the federal government to issue a very large number of new rules and regulations before next year:

With the Supreme Court giving President Obama's new health care law a green light, federal and state officials are turning to implementation of the law -- a lengthy and massive undertaking still in its early stages, but already costing money and expanding the government.

The Health and Human Services Department "was given a billion dollars implementation money," Republican Rep. Denny Rehberg of Montana said. "That money is gone already on additional bureaucrats and IT programs, computerization for the implementation."

"Oh boy," Stan Dorn of the Urban Institute said. "HHS has a huge amount of work to do and the states do, too. There will be new health insurance marketplaces in every state in the country, places you can go online, compare health plans."

The IRS, Health and Human Services and many other agencies will now write thousands of pages of regulations -- an effort well under way:

"There's already 13,000 pages of regulations, and they're not even done yet," Rehberg said.

We anticipate that most of the new rules and regulations related to the implementation of ObamaCare will be issued after the 6 November 2012 election, mainly to avoid drawing an even more negative response from voters beforehand. So add *that* to your fiscal cliff to worry about in 2013!

Data Sources Crews, Wayne. Ten Thousand Commandments. Federal Register Pages, 1936-Present [ Google Docs Spreadsheet]. Accessed 24 July 2012.

Crews, Wayne. Ten Thousand Commandments. Federal Regulation - The Updates. Accessed 24 July 2012.



To: Rangle who wrote (45604)7/29/2012 12:47:42 PM
From: Bucky Katt  Respond to of 48461
 
This week should see some interesting trading, up & down...



To: Rangle who wrote (45604)8/2/2012 2:47:26 PM
From: joseffy10 Recommendations  Read Replies (2) | Respond to of 48461
 
Mine Succumbs To Obama's War On Coal, Ohio

news.investors.com

As he flies into an Ohio air base that budget cuts will close, the president won't also be visiting an Ohio coal-mining operation shut down by his policies.

As Air Force One touched down Wednesday in Mansfield, Ohio, President Obama found himself at the site of one of the possible casualties of his defense cuts — the 179th Airlift Wing of the Ohio Air National Guard. It employs more than 200 airmen and more than 550 part-time employees.

Despite administration denials, the 179th Airlift Wing may be doomed. It was targeted for elimination once before during the 2005 base closings process. Now its primary aircraft, the C27J, is scheduled to be decommissioned, declared by the Pentagon in its 2012 budget as no longer cost-effective.

A stop not scheduled during the president's third visit to the battleground state in four weeks was a coal-mining operation near Brilliant, Ohio, run by Ohio American Energy Inc., a subsidiary of Murray Energy Corp. The operation employed 239 workers at its peak but will be closing as the result of President Obama's environmental policies.

Regulatory actions by President Obama and his appointees and followers were cited as the entire reason in the press release that announced the closing. "Mr. Obama has already destroyed 83,000 megawatts of coal-fired electricity generation in America," said Michael T.W. Carey, vice president of government affairs for Murray Energy. "Electric prices in the recent PJM Interconnection monthly auction were bid up 800% for 2015-16 because of this," he added.

PJM Interconnection, the company that operates the electric grid for 13 states, including Ohio, recently held its 2015 capacity auction. This gave the first real indication of just how drastic the effects of Obama's war on coal will be. The market-clearing price for new 2015 capacity was $136 per megawatt.

That's eight times higher than the price for 2012, which was just $16 per megawatt. In Pennsylvania, the new market price is $167 per megawatt — 10 times higher. In northern Ohio, which is suffering from more forced coal-plant retirements than the rest of the region, the 2015 price is an astounding $357 per megawatt.

This is one campaign promise President Obama has kept. In 2008, candidate Obama promised a system under which "if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted."

Unable to get that through Congress, President Obama plans to use the EPA as a regulatory bludgeon to implement cap-and-trade by stealth, bankrupt the fossil fuel industry and cause energy prices, as candidate Obama pledged, to "necessarily skyrocket" as a result of his policies.

We are reminded of Vice President Joe Biden's comment on a rope line during the campaign: "We're not supporting 'clean coal.' Guess what: China's building two every week — two dirty coal plants. And it's polluting the United States. It's causing people to die." He went on to say, "No coal plants in America. Build them, if they're going to build them, over there.

The Ohio mine is but the tip of Obama's energy iceberg.
An analysis by the Energy Information Administration (EIA) shows that due to declining demand for increasingly expensive electricity in a stagnant economy and EPA regulations boosting costs, coal plant operators are planning to retire 175 coal-fired generators representing 8.5% of America's total coal-fired capacity.

A record-high 57 generators will shut down in 2012, representing nine gigawatts of electrical capacity, according to EIA. In 2015, nearly 10 gigawatts of capacity from 61 coal-fired generators will be retired. America, the Saudi Arabia of coal, is being transformed into the Bangladesh of energy.