“regulatory dictatorship”
I do not believe you math is correct.
One new bill for every third day is more like it.
It’s abysmal to be sure!
The single worst thing that GWB ever failed to do, was to purge the government of the Clintonistas in early 2001.
A Clintonista at the time smirked in the media, “it’ll take them years to undo what we’ve done.”
Those Leftists who were hired on in ‘93, are embedded like tapeworms in every facet of government. They’ve had 20+ years to entrench, and nothing short of revolution will dislodge them.
A Happy Trading Morning to everyone! Our heat map shows metals futures soaring +0.53%, and while it's also got stocks down a percent this other futures page shows a lot of upward pressure. All this comes w/ flat trading continuing in metals while yesterdays stocks closed sharply down bringing up the distribution count to 9 NASDAQ and 8 S&P500. It sure seems that another such day would officially put us into "correction".
Reports:
8:30 AM Initial Claims
8:30 AM Continuing Claims
8:30 AM Export Prices ex-ag.
8:30 AM Import Prices ex-oil
10:30 AM Natural Gas Inventories
2:00 PM Treasury Budget
Ya got to love these headlines:
- Swiss Central Bank Keeps Rates in Negative Zone
- Oil up after US storage slips, global glut concerns remain
- As Fed tightening looms, big share repurchasers could be pressured
- Study: US middle-class families are no longer in the majority
- A Lack of Growth, Not Inequality, Is the Real Problem
- Rate Hike Flies In Face of a Bad Job Market
- The Arguments Against A Rate Hike Pile Up
One new bill for every third day
Right, which means we're assuming he spent a day at the office on one out of 3 days. We may be a bit generous there...
Democrat job killing machine bump for later....
Ping
This is the biggest reason I quit listening to “conservative” media. You can talk about separation of powers and Obama’s overreach all you want to, but until you have a plan and the backbone to deal with administrative agencies — who all exercise in some form “quasi”- executive, legislative and judicial powers— you have not gotten to the root of the problem. For starters, we need to put names and faces to the nameless faceless bureaucrats and they need to be subject to the same financial disclosure requirements as elected leaders and judges.
Congress deliberately hands over power to nameless regulators, because Congressmen do not want to be held accountable for the rules thus created.
The link to https://cei.org/content/mapping-washington%E2%80%99s-lawlessness-cei-releases-inventory-how-federal-government-interferes froze my browser due to its type of scripts. Need a law to prohibit sites from using such:)
It’s actually a fascist dictatorship....
bkmk