Obama’s Job-Killing Regulations
With the prospect of a Republican majority in the House, and, possibly, the Senate, President Obama may continue his anti-business, job killing agenda by issuing intrusive, regulatory, executive orders.
Lurita Doan at Townhall.com
EXCERPTS:
Just last week, the Environmental Protection Agency (EPA) issued partial guidance to increase ethanol content in gasoline to 15% , even though ethanol’s supposed benefits have been solidly debunked. Studies by the EPA have shown that ethanol increases carbon emissions, drives up costs of corn and food products, hinders engine efficiency, and does little to make our nation more energy independent.
In another move that compounds the regulatory burdens, the EPA recently issued a strategic plan for the next five years (Fiscal Year 2011-2015 EPA Strategic Plan) that will cost over a trillion dollars to implement. The plan advances retaliatory mandates that allow President Obama to punish organizations that oppose his flawed policies and donate heavily to Republicans.
For example, on page 44, the EPA unveils its new plan to criminalize violations of the agency’s mandates and has targeted 4 industries–cement plants, coal-fired utilities, glass plants and animal feeding operations, all industries that have, traditionally, donated heavily to Republicans.
It is hard not to consider that the Obama Administration’s actions may be politically motivated, since Americans have seen the Democrat party using this same kind of demagoguery with Koch Industries and the U.S. Chamber of Commerce, both which have chosen to support GOP candidates and Republican job-creation policies.
Nor is the EPA the only Federal Agency working hard to crank up a slew of new regulations which will soon sprout like crabgrass in the spring. Take for example the new rulings that will give the Securities and Exchange Commission (SEC) broad new powers to require all financial institutions, hedge funds, investment firms, banks to set up hiring quotas for minorities.
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