Government Regulations
To quote Jamie Dimon of JP Morgan Chase before Congress on June 13, 2012, "Lets not throw the baby out with the bathwater", ... "I believe in strong regulation, not necessarily more regulation".. He clarified by saying that continuing to add regulation on top of bad, ineffective regulation would just make it more complex and costly and less effective, meaning be a little thoughtful about the regulation that you impose on business. That is the common sense approach. People are concerned when they hear that Congress invites industry experts in to discuss development of laws and regulations for fear of watering down the law/regulation. So, that means they would rather have politicians in Congress who DO NOT understand the industry, develop a new law/regulation on their own? That hurts the industry, the economy and the employees and clients of the industry in question. If Congress is the "executive" representing the people of the US, they should use industry experts and make strong and proper executive decisions that create effective laws with with the best interests of the country in mind, and with out political maneuvering.

Taking A Great City Down

from CFACT,
NYC goes stone-age Green [caption id="attachment_174694" align="aligncenter" width="300"] No caption.[/caption] What if Wall Street and Madison Avenue follow Amazon's lead and shrug? The radical Left is in firm control of New York City and is flexing its big Green muscles. Take a look at my article on and Facebook. First the Greens starved NYC for power by blocking natural gas and scheduling nuclear power for shutdown. Now they're saddling, what is perhaps the world's greatest city, with a host of destructive environmental / climate policies guaranteed to do real damage and no meaningful good. Mayor Bill de Blasio chose Earth Day to unveil his own "Green New Deal," in this case a $14 billion strategic plan designed to reduce the City’s “carbon footprint…before it’s too late.” Here's a taste of what may be in store:
  • Effectively ban the glass-walled and steel buildings that comprise today's skyscrapers
  • Force massive refits on existing large buildings in an attempt to reduce energy use by 40%
  • Reduce city beef consumption by 50%
  • Phase out processed meat
  • Mandate recycling of all organic waste
  • Force midtown drivers to pay congestion tolls
  • Extend Manhattan offshore from the Brooklyn Bridge to Battery Park and build a seawall.
The arrogance, stupidity and short-sightedness of New York politicians is staggering. New York is the financial capitol of the world. Making it unpleasant and prohibitively expensive to live and do business there is shockingly perilous. The businesses that propel NYC's multi-billion dollar economy -- think finance, advertising, and technology -- are incredibly mobile in the information age. They no longer need to gather in a stock exchange building with slips of paper to trade shares. All that can be done online. New York's best producers can pack up and leave in a heartbeat. Detroit's left-wing leadership assumed that the Motor City could endlessly shake down its automobile industry, until that industry up and left. More From CFACT:

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