Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Regulations

New Bailout Bill for Puerto Rico Supposedly “Won’t Cost Taxpayers a Dime”

This article appeared online at TheNewAmerican.com on Thursday, June 30, 2016:  

Official portrait of United States Senator (R-KY)

Official portrait of United States Senator (R-KY)

Since Senate Majority Leader Mitch McConnell said it, it must be true: The bill passed by the Senate on Wednesday to rescue Puerto Rico from its overwhelming financial troubles “won’t cost taxpayers a dime, not a dime.”

The president has said he would sign into law the dreadfully misnamed Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) immediately and would then begin to nominate the seven members of the board to oversee its implementation. That board is to become effective on September 1.

That provides no help to Puerto Rico, which will default

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Federal Judge: BLM Rules on Fracking Are Illegal

This article appeared online at TheNewAmerican.com on Monday, June 27, 2016:

English: Bureau of Land Management logo

An Obama-appointed federal judge ruled last Tuesday that the Interior Department and its agency the Bureau of Land Management overreached its authority in issuing rules on fracking. He declared: “Congress has not delegated to the Department of the Interior the authority to regulate hydraulic fracturing [fracking]. [Its] effort to do so through the Fracking Rule is in excess of its statutory authority and contrary to law.”

When the Fracking Rule was originally published by the BLM in March 2015, the Independent Petroleum Association of America immediately filed suit, which was joined by the states of Wyoming, Colorado, North Dakota, and Utah. Federal Judge Scott Skavdahl, the same judge who ruled on Tuesday, placed a temporary injunction on implementing that rule until he had time to review it in detail. That temporary injunction would have expired last Friday.

Skavdahl didn’t consider the Fracking Rule itself, which would have allowed government bureaucrats to swam all over some 100,000 oil and gas wells on federal lands while checking for water and chemical leaks; inspecting piping and tubing; and making sure all the new paperwork was in order, which includes listing publicly the various chemicals used in the fracking process. Instead he got to the core issue: Did the Interior Department and its BLM have authority to issue such regulations in the first place?

He said no:

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Federal Judge: BLM Tries to Pull an “End Run” Around Congressional Limitations

This article was published by The McAlvany Intelligence Advisor on Monday, June 27, 2016:

English: Oil well An oil rig used for training.

Scott W. Skavdahl was nominated as judge of the United States District Court for the District of Wyoming by President Obama in February, 2011. The Senate voted 96-0 to confirm him in November. If Obama thought he had a friend he could rely on he was sadly mistaken. On Tuesday, June 21, Skavdahl came down hard on the BLM, accusing it of deliberately and intentionally ignoring Congressional intent when it prohibited the EPA from regulating fracking back in 2005:

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In Venezuela, the Elite Meet to Eat While the Masses Starve

This article appeared online at TheNewAmerican.com on Friday, June 17, 2016:  

Another version of the flag of Animal Farm, ba...

Another version of the flag of Animal Farm, based on the flag of the Soviet Union. Hoof and horn symbol created by Al2.

On Monday OPEC gave Venezuela more bad news: Oil production fell another 120,000 barrels a day in May, putting further pressure on the socialist regime of Nicolas Maduro to pay its bills and maintain order. On Tuesday more than 400 citizens of Cumana, a city of 800,000 a few hundred miles west of Caracas, were arrested following another food riot.

On Thursday the British tabloid Daily Mail published a dozen pictures of the wealthy elite enjoying themselves at the opulent Caracas Country Club where membership costs $110,000. The slums where the masses are starving can be seen in the background.

The contrast, startling as it was, illustrates how socialism — called Chavismo in “honor” of former president Hugo Chavez — ultimately decimates the middle class and

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UN Demands “Robust Gun Control” After Orlando Terror

This article appeared online at TheNewAmerican.com on Wednesday, June 15, 2016:  

Office of the United Nations High Commissioner...

Office of the United Nations High Commissioner for Human Rights

Responding to the Islamist terror attack in Orlando that killed 50 people in a “gun-free zone,” the United Nations and its “High Commissioner for Human Rights” claimed again Tuesday that the U.S. government has an “obligation” to implement “robust gun regulation.” According to UN human-rights chief Zeid Ra’ad Al Hussein, the terrorist massacre and other killings are a “direct result” of the U.S. government’s adherence to the U.S. Constitution’s Second Amendment, which protects the God-given right of Americans to keep and bear arms from infringement.

However, critics ridiculed both the idea and the UN itself, noting, among other facts, that the attack occurred in a “gun-free zone.” In light of the controversial remarks, gun-rights leaders also reiterated calls for the United States to withdraw from the UN and stop funding it with American taxpayer dollars.

The scandal-plagued UN human rights boss, currently under fire worldwide for persecuting whistleblowers to protect child-raping UN “peace” troops, used multiple outright falsehoods to demonize the rights of Americans. Among other claims, the Islamic UN bureaucrat insisted that

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United States No Longer First in Global Competitiveness

This article appeared online at TheNewAmerican.com on Wednesday, June 1, 2016:  

English: Cropped version of Thomas Jefferson, ...

Thomas Jefferson

According to a study just released by the International Institute for Management Development (IIMD), the “U.S. economy is no longer the most competitive and pro-business in the world.” It has held the top spot for the last three years but has, thanks to increasing government regulation and taxation, slipped to third place. Said Arturo Bris, IIMD’s director, “The U.S. still boasts the best economic performance in the world, but there are many other factors that we take into account when assessing competitiveness. The common pattern among all of the countries in the top 20 is their focus on business-friendly regulation, physical and intangible infrastructure and inclusive institutions.”

Based on its analysis of more than 300 criteria, the United States no longer excels based on

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Brazil’s Interim President Says “Trust Me,” Installs Corrupt Bureaucrats

This article appeared online at TheNewAmerican.com on Monday, May 16, 2016:  

Upon taking over Brazil’s presidency from disgraced former President Dilma Rousseff on Thursday, interim president Michel Temer asked his skeptical citizenry to “trust” him, saying that his new administration would be Brazil’s “salvation”:

Trust me. Trust the values of our people and our ability to recuperate the economy…. It is essential to rebuild the credibility of the country abroad to attract new investments and get the economy growing again…. It is urgent to restore peace and unite Brazil. We must form a government that will save the nation…. It’s urgent to seek the unity of Brazil. We urgently need a government of national salivation.

Even if he truly intended to do any of that, the challenges he faces almost defy description.

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Are Voters Beginning to Reject Obama’s and Clinton’s Gun Control Agenda?

This article was published by The McAlvany Intelligence Advisor on Monday, May 2, 2016:  

For months now national polls of likely voters in November have given Hillary Clinton high single- or low double-digit leads over Donald Trump, allowing Clinton to push her anti-gun agenda with impunity. She bragged last week on MSNBC that, once elected, she would take on the gun rights crowd (read: NRA, GOA, JPFO, The 2A Foundation, the NAGR, the CCRKBA, etc.) from the very first day:

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Obama’s Gun-control Hypocrisy Called Out by Alabama Senator

This article appeared online at TheNewAmerican.com on Monday, April 11, 2016:  

English: Barack Obama, President of the United...

On March 30, President Obama commuted the prison sentences of 62 criminals, 12 of whom were behind bars for gun-related drug crimes. This was just too much for Alabama’s senior Senator Richard Shelby (R), so the next day Shelby sent a stinging letter to Attorney General Loretta Lynch. He asked her about the president’s hypocrisy and demanded answers to questions that he posed to her during a committee hearing back in January. Wrote Shelby:

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More Obama Hypocrisy Exposed: Executive Clemency Putting Convicted Criminals Back on the Street

This article was published by The McAlvany Intelligence Advisor on Monday, April 11, 2016:  

Richard Shelby

Senator Richard Shelby

Former Republican presidential candidate Ben Carson thinks kids are amazing:

Kids have what I call a built-in hypocrisy antenna that comes up and blocks out what you’re saying when you’re being a hypocrite.

Richard Shelby, Alabama’s senior Republican senator (who will be celebrating his 82nd birthday in three weeks) must be a kid at heart. The day after President Obama announced that he was commuting the sentences of 61 more convicted criminals under his new touchy feely “executive clemency” program, Shelby smelled hypocrisy. This was the same president who, in January, announced a bevy of executive actions designed, he said, to reduce crime. Last week’s announcement brings the total number of criminals who have had their sentences commuted or eliminated altogether to 248, more than the total of the last six presidents combined. Thirty-three of them were convicted of gun-related crimes.

Shelby may be a kid at heart but he’s also old enough not to be concerned about what people think. He wrote a scathing letter about Obama’s hypocrisy to his legal enabler, Attorney General Loretta Lynch. One can read the whole thing by clicking through the source below, but here is the choicest part:

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Treasury Rules Axe $160 Billion Merger; Obama Calls it Good

This article appeared online at TheNewAmerican.com on Thursday, April 7, 2016:  

Map of USA highlighting states with no income ...

Map of USA highlighting states with no income tax on wages (Photo credit: Wikipedia)

New Jersey’s wealthiest resident, David Tepper, decided to move himself and his business, Appaloosa Management, to Florida in order to take advantage of Florida’s much more favorable tax climate.

It’s going to make a big difference.

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The ACLU, the “Laquan McDonald” Effect, and Chicago’s Spike in Gun Violence

This article was published by The McAlvany Intelligence Advisor on Wednesday, April 6, 2016:  

Chicago police car

The spike in gun violence in Chicago has drawn the attention of pro-gun advocates, some of whom are blaming it on Second Amendment infringements by the city. Tim Brown of Freedom Outpost said the massive increase in people shot and killed or wounded by gunfire is “the product of infringement upon the Second Amendment and restrictive gun measures that leaves guns in the hands of criminals [but] law-abiding citizens as defenseless victims.”

He got part of it right.

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Credit Rating Agencies Finally Reacting to China’s Economic Implosion

This article was published by The McAlvany Intelligence Advisor on Friday, April 12, 2016:  

English: World countries by Standard & Poor's ...

English: World countries by Standard & Poor’s Foreign Rating. Legend: Green – AAA Turquoise – AA Lighter blue – A Darker blue – BBB Purple – BB Red – B : Grey – not rated, (Photo credit: Wikipedia)

First it was Fitch. Late last year it downgraded China’s sovereign debt by two notches, from AAA to A, which, according to its own definition, signals debt that is “more vulnerable to adverse business or economic conditions than is the case for [the two] higher ratings.”

In early March, Moody’s Investors Service got on board, knocking China’s debt rating down by one notch, followed by Standard and Poor’s on Thursday, which kept China’s rating at AA but with a negative outlook.

Translation: something’s coming.

Said S&P:

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Another Keynesian Failure: Brazil

This article was published by The McAlvany Intelligence Advisor on Monday, March 28, 2016:  

John Maynard Keynes Русский: Джон Мейнард Кейн...

John Maynard Keynes

Boiled down to its most crude elements, Keynesianism, according to Antony Mueller at the Mises Institute, is “the economic policy doctrine of growth by spending.” Since 2003, when the current political party in Brazil, first headed up by Lula and now by Dilma Rousseff, came to power, it installed it in spades. For a while it seemed to work: demand for Brazil’s raw materials: oil, iron ore, and agricultural products grew as China (also pursuing the “growth by spending” mantra) also grew.

But the boom, which at one point included Brazil as one of the BRIC (Russia, India, and China) nations that would soon overtake the developed world, went bust.

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World’s Largest Coal Company Could Disappear

This article appeared online at TheNewAmerican.com on Wednesday, March 16, 2016:  

On Wednesday, Peabody Energy Company, the world’s largest private-sector coal company, announced that it was going to miss making $70 million in interest payments simply because it didn’t have the money. This was not just a temporary lack of cash flow, but indicative of existential problems:

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Venezuela Could See Hyperinflation, Economic Collapse

This article appeared online at TheNewAmerican.com on Thursday, February 4, 2016:  

In December 2014 citizens of Venezuela paid 2,632 bolivars for a pound of meat. A year later they paid 14,138 bolivars, a 537-percent increase. They paid 3,066 bolivars for a supply of fruits and vegetables a year ago; last month they paid 12,118 bolivars, a 395-percent increase. For milk and cheese, prices increased 371 percent, from 2,084 bolivars to 7,735.

For fish they paid 1,408 bolivars a year ago; a year later the price of fish jumped to 5,940, an increase of 422 percent. Fats and oils: 335 bolivars to 1,340, an increase of 400 percent. Non-alcoholic beverages were 409 bolivars a year ago; today, 1,123 bolivars, a 275-percent increase.

A year from now, Venezuelans will look back fondly

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Florida’s Economy Rebounds Thanks to Cuts in Taxes, Spending, Regulations

This article appeared online at TheNewAmerican.com on Wednesday, January 27, 2016:  

Almost immediately upon assuming Florida’s governorship in January, 2011, Rick Scott started cutting. He increased the state’s exemption level for corporate taxes from $25,000 to $50,000. He expanded the state sales tax exemption for manufacturing equipment. In 2013, he approved a three-year total exemption of that sales tax. In 2014, he pushed to raise the corporate tax exemption from $50,000 to $75,000. Last year he signed into law a $400 million cut in vehicle fees. In all, over the past five years he, with the help of a friendly legislature, has cut nearly 50 taxes.

Along the way

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Fourth Republican Debate: Feisty, Hilarious, Little Change in Polls

This article appeared online at TheNewAmerican.com on Wednesday, November 11, 2015:  

A more orderly and respectful atmosphere surrounded the fourth Republican debate on Tuesday night, a sharp contrast to last month’s debate where the moderators became the issue. That didn’t mean there were no fireworks, or disagreements, just that the tone was more serious, as the candidates tried to shore up their positions and their poll numbers as they approached the final debate in December.

The topics included questions on

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Does California Have a Death Wish?

This article was published by The McAlvany Intelligence Advisor on Thursday, October 8, 2015: 

Cato Institute

A year ago, when the Cato Institute published its Fiscal Policy Report Card on America’s Governors, the best governor, Pat McCrory of North Carolina, scored 78, giving him an “A” rating by Cato. The country’s worst governor, Jerry Brown of California, scored 19, earning him an “F.” His rating was seven full points behind Colorado’s Governor John Hickenlooper, who scored a 26. At the time, Cato said this about Governor Brown:

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California’s “Equal Pay” Law Will Discourage Businesses, Encourage Lawyers

This article appeared online at TheNewAmerican.com on Thursday, October 8, 2015:  

English: Photo of California Attorney General ...

When California Governor Jerry Brown signed into law the state’s new “equal pay” mandate on October 6, he said it was designed to shrink further the pay gap between men and women: “The inequities that have plagued our state and have burdened women forever are slowly being resolved with this kind of bill.… [It’s] a very important milestone.

It’s important to law-school graduates looking for a favorable place to start their litigation practices, and important to moving companies helping business owners and their employees move out of state.

The law changes the definition of “equal” to

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.