The government shutdown has all but turned off the regulatory spigot, reducing the flow of new rules from federal agencies to a trickle.
Regulators and proponents of stronger protections warn that rulemaking delays will jeopardize public safety and health. But some conservatives say the reprieve from red tape is welcome, even if it doesnāt last long.
āWeāre very pleased that the Obama administrationās ongoing efforts to wreck the U.S. economy with more and more heavy-handed and colossally expensive regulations has been put on hold,ā said Myron Ebell, director of the right-leaning Competitive Enterprise Instituteās energy and environment center.
āBy and large, the people writing those regulations and trying to get them promulgated are not in the office,ā he said....
Ah, yes, the Republican bankers especially are glad that regulations aren't being pushed or those stock manipulators of Wall Street, even having less oversight than they had already. Full Show: Plutocracy Rising.