Believe: Part Three (Regulatory Policy)

It's back baby! I think I can finally take a breath and finish up the Regulatory Policy in Part Three. So where did we leave off? Oh yeah, the economy is in shambles and Romney blamed it on the black guy. Typical. To the regulations!

Regulatory Policy
Before we can even get to the heart of the matter, Romney has to send us on a 2 page jog down memory lane to remind us what regulations are, and how Satan created them while God rested on the seventh day. Oh, sorry, must have gotten this mixed up with something Santorum wrote. Now that we are down with that, what are you going to do about it Mitt?
Repeal Obamacare and Dodd-Frank
Well the title says it all, but let's see what that will do for the economy. Oh. You... uh... aren't going to tell us? Well, now that we know that it is really long ("10,000 pages is a crude estimate...") and that it will create a black hole that will destroy the private sector, it is also safe to assume there is nothing Romney can do about it. Even if he drafts the legislature to repeal all regulation himself, there is still Congress, who made a cameo in Lord of the Rings.

Extensive Environmental Regulation
This is the regulation that makes it impossible for an original 78-82 Corvette manual to pass smog. The regulation that allows the Prius to get a better parking spot than anyone else. The one that gave butterflies and sparrows the right to vote (just kidding, that bill still hasn't passed yet). So what will Romney do to fix this? Repeal as much as he can. I'm starting to see a trend here...
Mitt Romney's Plan: Streamlined Regulation
According to Romney, each agency and division of government should only be allowed to have 10 regulations which can not exceed $10 billion total. A Ten Commandments of sorts. That seems to work, until you see the bitter irony in having to pass a regulation to limit the amount of regulation being passed.
Restore Congressional Oversight
In this, Romney suggests that all bills that total over $100 million must be approved in both houses of Congress before being able to be passed. "If Congress declines to enact such a law, a President Romney will issue an executive order instructing all agencies that they must invite Congress to vote up or down." So right there we have, a shade of totalitarianism with the sugar coated invitation. Almost didn't catch this, but "A President Romney"? He has so much money he made a clone!

"If I would have paid for the deluxe package he might still be in the race!"

Reform Legal Liability

After telling us that regulation is the 8th deadly sin, he comes back with, "all regulation...can play an important role in strengthening our economic system if it is designed and operated effectively." Flip-flopping again. Oh well, moving on. Clearly this regulation isn't, and Romney puts a spotlight on legal regulation to give us an example of this. 

In summation, there are too many unhealthy regulations that drain the growth from the economy and hold-back businesses. Romney will plan on repealing much of these and limiting the amount of regulations he puts forth. So basically, what every single Republican candidate has been saying for the last 200 or so years.

Bonus Quote of the Week

Saw this on CNN and just couldn't resist! So for a little backstory, a woman who was collecting food stamps in Michigan won the lottery. She blew the money on a lakeside house like any good white trash winner. Yet, she still collected food stamps! In defense of that she said...

"Well I have two houses..."

Well when you put it that way, you want welfare too? How about a cut of the mortgage relief bill? And FYI, your double-wide does not count as a house. So technically one and a half.