Nobody Is Telling You About The Regulatory Armageddon About To Swamp The US Economy

If you think federal regulation is bad today, just wait. You ain’t seen nothin’ yet.

By the EPA's own reckoning, the rule if implemented annually would cost American businesses $90 billion. But a related rule due to be taken up in December similarly would declare large swaths of the U.S. "closed for new business" until emissions are reduced to meet lower caps than exist today, says Anne Kolton, spokeswoman for the American Chemistry Council.

Those are just two of 600+ EPA regulations that the Obama Administration put on hold until after the election. (Source:  Barrons)


From Enterprise Zones To Economic Dead Zones

Some of these regulations would put an outright ban on any new businesses across huge chunks of the United States.  Others would shut down the coal industry, once and for all, throwing tens of thousands of workers into long-term unemployment.

These regulations will begin rolling out this month. That’s another reason why smart businesses are stashing their cash. They have no idea what the regulations will mean to them.

Stocks Get Hammered

The DJIA fell more than 300 points today in the euphoria of Obama’s re-election. If these regulations hit the books, we might not see 13,000 Dow for a decade.

Elections have consequences. This one’s consequences could kill us.

Democrats led by Barney Frank caused the economic meltdown

The current economic mess is a gift of the DNC.  Massechusetts Congressman Barney Frank (D) bears the lion's share of guilt.  Charles Schumer (D-NY), Maxine Waters (D-CA), and William Clay (D-MO) rank near the top of the list.[youtube] Please direct appropriate correspondence toward them. And if you're having financial troubles, please ask them to pay your bills. They seem to think that paying other people's bills is the patriotic thing to do.

Congressman Barney Frank 2252 Rayburn Building Washington, DC 20515 tel: (202) 225-5931 fax: (202) 225-0182

Charles Schumer 313 Hart Senate Office Bldg. Washington, DC 20510 202-224-6542

The Honorable Maxine Waters United States House of Representatives 2344 Rayburn House Office Building Washington, DC 20515-0535 Phone: (202) 225-2201 Fax: (202) 225-7854

William "Lacy" Clay St. Louis City office: 625 North Euclid Street, Suite #326 St. Louis, MO 63108 Phone: (314) 367-1970 FAX: (314) 367-1341 Office Hours: 9 a.m. – 5 p.m.