Everybody's up in arms about Trumps immigration ban, but his executive order

I really like the idea of cutting red tape, but this is a hammer approach when what we really need is a scalpel. Sigh, but this two for one deal is certainly easier to push through than saying we are going to go regulatory body by regulatory body and review the rules and regulations to simplify them, cut the unnecessary ones, and make it easier for people to know how to comply with the law.

Also, random thought, a lot of the financial regs hit the big banks lightly since the money is pretty fixed. I wonder if there shouldn’t be a “Widow’s Mite” rule that hits them so hard that it is no longer a line item in the budge for violating it.

Why should we be up in arms over being overegulated?  The cost of of all regulations to the economy was $1.9 trillion in 2015 alone according to the Competitive Enterprise Institute.  The federal government was about to declare federal jurisdiction over every “standing pool of water” in America until Trump stepped in.  The cost of Obamacare regulations will be $1.8 trillion according to the government’s Office of Information and Regulatory Affairs, OMB.  The cost of Dodd-Frank’s regulations of Wall Street is $34 billion annually estimated by Standard and Poor’s.

This is just the economic cost of regulation.  The social cost to America has been disruptive, as well.  For example, the advisory letter on transgender bathrooms, “prosecutorial discretion” in the exercise of Mexican Immigrant regulation and the Department of Justice’s intervention in civil disturbances with respect to the conduct of police in local jurisdictions.

Now I agree that some regulations are necessary when the perpetrators regularly, consistently and with impunity harm our citizens.  However, we may have seen a zeal to overregulate in the last 8 years.              

I’m not sure what new regulation we will come from eliminating this one, but the effects will be big. The Senate today passed a bill to kill a regulation that forced coal mining companies to avoid allowing runoff from mountaintop removal coal mines from running down into the streams and rivers downstream.

Coal mines can release lead, copper, arsenic, mercury, sulfites, other toxic heavy metals, etc into the water supply. I can’t believe that anybody in 2017 can think this is a good idea.

from the article:

They argued the regulation would be such a financial hindrance for the coal industry that it would kill jobs in economically distressed areas of Appalachia already struggling due to the sector’s market-driven downturn.

The mining companies don’t give a s**t about the health of anybody downstream, they only care about maintaining their industry. And they hide behind the jobs they create in the economically-depressed area as though they are the savior of the people who get to live around the pollutants.

Also don’t forget that repealing the ACA is going to DIRECTLY affect the people living in these areas, because the ACA is paying for their treatment for Black Lung Disease.