Romney plan to undo regulations: "end run around democracy" showing blatant disdain for Constitution

[highplainsdem]

http://abcnews.go.com/Business/mitt-romneys-rage-regulation/story?id=17128454#.UEIC7iJXu1Q

The people who brought you the Great Economic Meltdown of 2008 have a new idea for you --- although if they get their way, you'll never hear about it. In fact, one of the most striking things about the new push to undo the consumer-friendly financial reforms that followed the crash is the open contempt its backers show for American democracy.

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Under the would-be president's plan, agencies would have to eliminate existing regulations in order to implement new ones. Specifically, agencies issuing new regulations would be required to balance the costs of new regulations by identifying offsetting cost reductions in existing regulations. In addition, Congress would have new powers to block regulations that are proposed by the agencies. As Governor Romney's economic plan affirms, "President Romney will issue an executive order instructing all agencies that they must invite Congress to vote up or down on their major regulations and forbidding them from putting those regulations into effect without congressional approval."

-snip-

And that's where the proposals embedded in Governor Romney's economic plan come in. The Wall Street grave dancers couldn't win fair and square, so they're doing what they do so well: protecting their profits by gaming the system --- then trying to pass off their slash-and-burn practices and over-the-top greed as "conservative."

This is, in reality, nothing but an end-run around democracy --- winning by cheap and probably illegal tactics what was lost in the realm of American political institutions. In my opinion, it shows blatant disdain for the Constitution and spits in the face of the American people.

-snip-

[rfranklin]

1. i read that the Kochs have a lot of plants subject to regs in 2015

And they are desperate to overturn them because it will cost them billions...thus the massive investment in Romney.

[Iggy]

2. Uhhh, Did I miss something???

do we live in a Monarchy??

last I checked... we have a represntative democracy-- granted, it's a crappy sort of rep democracy, but that's
what we have.

nearly ALL of the Romney/Ryan's talk about what they are going to do, or not do-- it's all mostly bullcrap. it's
red meat for their sub-intelligent followers. nearly all of what Rmoney is blowing off his big mouth will
never get thru congress...

need evidence? look at the recent Transportation bill.. a bill that used to pass in, at the most, thirty days.. and
always had plenty of bi-partisan support. a total no brainer.

More recently? it took what? 16 MONTHS to pass this bill??

weak. taking what Rmoney/Ryan says seriously.. you've got to be kidding me.