You Have Heard The Obama Campaign Ads

The lies … Have you heard any hammers, hammering lately!!!

How will Obama going to reduce the deficit. How will Obama decrease the regulations?

11,327 PAGES ADDED TO CODE OF FEDERAL REGULATIONS UNDER OBAMA

How about this???

The American Action Forum has released new analysis of the burden of new regulations under President Obama. It’s most striking finding? The cost of added regulations under President Obama is now estimated to be $488 billion.

“Based on data from the Government Accountability Office (GAO) and regulations published in theFederal Register, the Administration has published more than $488 billion in regulatory costs since January 20, 2009 – $70 billion in 2012 alone,” reads the analysis from AAF.

“Ignoring all non-“major” rules with costs in 2009, the regulatory tally still surpassed $61 billion.  In 2010, counting only “major” rules, the regulatory bill rose to $160 billion in lifetime costs. AAF began tracking every proposed and final rule in 2011.  That year alone the Administration published more than $231 billion in regulatory costs.  AAF reviewed 6,705 regulations in 2011 and has tracked more than 4,700 regulations to date in 2012.”

The most costly government agencies in 2012 alone are Health and Human Services (which has an estimated regulation burden of $16.7 billion), the Environmental Protection Agency ($12.1 billion), the Department of Energy ($10.6 billion), the Department of Justice ($6.9 billion), and the Securities and Exchange Commission ($6.2 billion).

The other cost associated with these regulations is the man-hours that it would take to implement and enforce these new regulations. Under President Obama, this cost is at least 1.58 billion hours.

Since President Obama Barack Obama came into office, the Code of Federal Regulations has increased by 11,327 pages — a 7.4 percent increase from Jan. 1, 2009 to Dec. 31, 2011 — according to figures the U.S. Chamber of Commerce released on Monday.

….. He talks a lot about fixes, but gives you nothing.

According to CNS News, there are now 169,301 pages in the Code of Federal Regulations, which is double the number of pages in 1975.

The U.S. Chamber of Commerce calculated the cost of compliance for all of the federal regulations is $1.7 trillion annually, and 70% of those regulations are economic, costing $1.236 trillion.

The report noted that environmental regulations cost $281 billion, tax compliance rules $160 billion, and occupational safety and health and homeland security cost $75 billion.

The report states each American household would be responsible for $15,586 of the federal regulatory burden, according to a 2008 study. Further, as of 2008, small businesses faced an annual regulatory cost of $10,585 per employee.

The report also noted that since 2001, the page count in the Code of Federal Regulations has increased from 141,281 pages, a 20 percent increase during the last decade.

Taxpayers Foot Over $200k Bill to Move ‘Wild’ Bush to Secret Location in San Fran

Eco-nuts gone bad. Loses common sense over wild bush.

The bush in question, don't you think this is worth $200k to move???

San Francisco spent over $200k in 2010 order to move a wild bush from one part of the city to an undisclosed location, reports CNS News.

Over $200,000, really.

The bush, a wild Arctostaphylos franciscana (more commonly known as the Franciscan Manzanita), “stood in the path of a $1.045-billion highway-renovation project that was partially funded by the economic stimulus legislation President Barack Obama signed in 2009,” Thomas Cloud of CNS News writes.

“In October 2009, an ecologist identified a plant growing in a concrete-bound median strip along Doyle Drive in the Presidio as Arctostaphylos franciscana,” the U.S. Department of Interior reported in the Aug. 10, 2010 edition of the Federal Register.

The report continues:

The plant’s location was directly in the footprint of a roadway improvement project designed to upgrade the seismic and structural integrity of the south access to the Golden Gate Bridge.

The translocation of the Arctostaphylos franciscana plant to an active native plant management area of the Presidio was accomplished, apparently successfully and according to plan, on January 23, 2010.

Oddly enough, you can actually purchase the Franciscan Manzanita in almost any garden nursery for about $16. The difference here with the specimen found along the roadside is that it’s thought to be the last wild Franciscan Manzanita in existence.

Clinton’s “Give Everyone A Home Loan” Policy — Smoking-Gun Document Ties Government Policy To Housing Crisis

Pres Clinton, Janet Reno and the government instituted this program to fix the racism in the home loan business (i.e. redlining), which didn’t exist in the financial industry. The people who were given the loans were never ever going to be able to pay the loans back. Then the doofuses in the financial industry tried to make the loans profitable by bundling them together,

This was never ever intended to work, and the people doing it knew it wouldn’t ….

Fix imagined problems is where government is best.

Back in Chicago, our community organizer President sued Citi-Bank for redlining.

President Obama says the Occupy Wall Street protests show a “broad-based frustration” among Americans with the financial sector, which continues to kick against regulatory reforms three years after the financial crisis.

“You’re seeing some of the same folks who acted irresponsibly trying to fight efforts to crack down on the abusive practices that got us into this in the first place,” he complained earlier this month.

But what if government encouraged, even invented, those “abusive practices”?

Rewind to 1994. That year, the federal government declared war on an enemy — the racist lender — who officials claimed was to blame for differences in homeownership rate, and launched what would prove the costliest social crusade in U.S. history.

At President Clinton’s direction, no fewer than 10 federal agencies issued a chilling ultimatum to banks and mortgage lenders to ease credit for lower-income minorities or face investigations for lending discrimination and suffer the related adverse publicity. They also were threatened with denial of access to the all-important secondary mortgage market and stiff fines, along with other penalties.

Bubble? Regulators Blew It

The threat was codified in a 20-page “Policy Statement on Discrimination in Lending” and entered into the Federal Register on April 15, 1994, (Clinton did it!!!) by the Interagency Task Force on Fair Lending. Clinton set up the little-known body to coordinate an unprecedented crackdown on alleged bank redlining.

Everybody deserves a home, rather they can afford to pay for it or not. Kill the mythical redlining demon.