Midnight regulation

From science 'policy news alert', the Bush administration is rushing through last minute regulations before leaving.


More "Midnight" Regulations Issued. The Bush Administration has finalized several new last-minute, or "midnight", regulations that will take effect 30 days after publication in the Federal Register. The Interior Department's Office of Surface Mining announced a rule that would allow companies to dump mining debris within the current 100-foot stream buffer zone if they show why they cannot avoid doing so. The Department's Bureau of Land Management announced a new rule that would eliminate the ability of Congress to block mining projects on public lands when "an emergency situation exists," a move certain to draw legal challenges. Interior also announced a new rule that allows concealed and loaded guns to be carried in national parks located in states with concealed-carry laws, a departure from the original proposal that only applied to states that allow guns in their state parks.

The House Select Committee on Energy Independence and Global Warming will examine many of these regulations in a December 11 hearing on last-minute environment and energy rulemaking. A Congressional Research Service (CRS) report, Midnight Rulemaking: Considerations for Congress and a New Administration, provides detailed information on the rulemaking process and options for reversing these decisions. In addition, Rep. Jerrold Nadler (D-NY), chair of the House Judiciary Committee's panel on the Constitution, Civil Rights and Civil Liberties, has introduced a bill, H.R. 7296, that would amend the Administrative Procedure Act to allow incoming cabinet secretaries to review all regulatory changes made by the White House within the last three months of an administration and to reverse such rules without going through the entire rulemaking process.

Bush and his administration are pigs. Someone put them out of their misery. I can't wait for the pig's last day.

Comments

Post a Comment

Popular posts from this blog

Thug vs Thug: Porsche 1, Hedge Funds: 0

The latest drama is fun. VW became the largest company in the world, in terms of market cap, ahead of EXXON on a little financial market coup d'etat orchestrated by Porsche. Apparently VW stocks was on the way down, I don't know the details but many Hedge Funds (HF) were short the position. Fine. The price goes down. Porsche starts buying the anonymous float (and probably some private too?), but the point is they build a 73% market share without many people noticing. In the US you would need disclosure after 10% or so. Point is, that many HF wake up and realize that their short position is about to lose a lot of money. So what do they do? those idiots? they short cover all together, which means they buy the stock to cover the short. The stock zooms up, by a full multiplier and overtakes EXXON. Porsche makes A KILLING in the process and has robbed the city robbers to the tune of "potentially $30B". Not bad for a days worth of work. PS: hey, psst Porsche! With t...
Read more

Madrid Blog--We get sued

Image
...for having children If you are a foreigner and move to Madrid, do not, necessarily expect a warm welcome. Yesterday, we, or rather Don Mark Fleury and Dona Natali Manson ***note to Building Association of Serrrano XX, before you lawyer up, do your research. My husband spells his name "Marc" with a "c." and my first name is spelled "Nathalie;" not to mention that my honest English stone mason forbears would cringe at the misspelling of their last name to confound with that of the notorious 20th century serial killer. received an official communication from the Juzgado de Primera Instancia de Madrid, from one Don Ramiro Blah Blah, President of the Building Association of Serrano XX, a building of exactly 12 units, half of which were owned at one time by his father in law, in which it is alleged 1) "Mark Fleury and Natali Manson" have four children 2) these children own bicycles 3)and roller skates 4) and scooters ( Nathalie comment: nope sorry ...
Read more

Houston, We have a central-bank-run!

Judging by the comments, it seems many of you share my interest in understanding the recent economic news, at least Juha does. So I will continue covering that. Yesterday, my brother Carlos, who works for BNP in Europe sent me this story: Apparently we are seeing a dumping of US related assets by what is speculated to be... the Chinese. . Forget the computer attacks, Asia's sovereign funds dumping US assets would have a real impact on the economy. Credit and liquidity crises are not new and, when they turn bad, they turn bad. In 1929, the liquidity scare sparked a bank run. Banks didn't have enough cash and were defaulting, accelerating the mad dash and "bank-run" to get your money out while there was still liquidity. Then, the real economy wound up with no credit, and we all know the sad story from there. 2007 isn't like 1929. It isn't an "end-consumer" bank run. You and I are not going to the corner bank to take our savings out. Our confidence ...
Read more