Category Archives: President Trump

If you are trying to decide if you should go to Al Gore’s new documentary,  read this first.


Al Gore’s new documentary titled “An Inconvenient Sequel: Truth to Power” opened on July 28 with a limited engagement. Beginning in August, the documentary will be opening in many theaters.  I don’t know how many, as it has not been getting great reviews, but it will be in many more than the initial 4 theaters.

The critics being mostly being quite liberal tend to give this kind of movie a big “thumbs up”. Science has little to do with their ratings of a movie like this, because they are sure if Al Gore produced it, it must all be true. However, the liberal website, VOX said, “Even An Inconvenient Sequel seems a little light on facts at times.” Many of the movie reviewers said it was, in effect, boring.  Maybe that was reflected in the boxofficemojo data published on Sunday, 30 July.  That they said ticket sales for the first day were $61,000, the second day were $43,000 and today (the third day) were $26,000 might reflect the boring viewpoint. 

But Gore did receive the Nobel Peace Prize in 2007 for his first film, didn’t he?  Yes, he did. However, it was the same Nobel Peace Prize Committee that presented the award to the newly elected Barrack Obama before he got into office. They awarded the Peace Prize to Yasser Arafat of the PLO, too.  That Committee has a very transparent political agenda. It has very little to do with peace.

But never fear gentle reader, Al Gore will not let you down.

Bjorn Lomborg’s comments on just a few of Al Gore’s many prediction misses in his posting “Al Gore’s Climate Sequel Misses A Few Inconvenient Facts”:

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Do Australia, Canada, France, Germany, Italy and the UK know what they have gotten into?


 

The Manhattan Contrarian posted “Looks Like Global Action On “Climate Change” Is Dead by Frances Menton.  There is not much in the posting that I have not already covered.  However, there are two things that do standout that I want to pass on. Menton’s posting is relative to the members of the G 20, that have just reaffirmed their support for the Paris Agreement in the Summary statement at the end of the G 20* meeting.  The US did not join in the reaffirmation.

Menton notes that Russia’s intended reduction is based upon their CO2 emissions in 1990 before they collapse in 1991 of the Soviet Union.

“Then they closed down all that inefficient Soviet industry.  According to a graph at Climate Action Tracker here, by 2000 their emissions were down by almost 40% from the 1990 level, and they have only crept up a little from there since.”

That was their ploy back in the days of the Kyoto Pact, too.

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NOAA’s Stated “Highest” Temperature Years May Not Be Valid


A posting in the WSJ titled “Change Would Be Healthy at U.S. Climate Agencies, such as mentioning margin of error!” illustrates the way that the EPA and NOAA along with the compliant media have been misleading the public about global temperatures. Holman Jenkins, a member of the WSJ editorial board wrote:

The year 2016 was the warmest ever recorded—so claimed two U.S. agencies, NASA’s Goddard Institute for Space Studies and the Commerce Department’s National Oceanic and Atmospheric Administration. Except it wasn’t, according to the agencies’ own measures of statistical uncertainty.
Such fudge is of fairly recent vintage. Leaving any discussion of the uncertainty interval out of press releases only became the norm in the second year of the Obama administration.

Statisticians wouldn’t go through the trouble of assigning an uncertainty value unless it meant something. Two measurements separated by less than the margin of error are the same. And yet NASA’s Goddard Institute, now under Mr. Hansen’s successor Gavin Schmidt, put out a release eclaring 2014 the “warmest year in the modern record” when it was statistically indistinguishable from 2005 and 2010.

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How Energy And The Paris Agreement Fit In President Trump’s Plans To Make The US Economically Strong Again


A posting by sundance titled “Angela Merkel Reflects Fear And Loathing Amid EU Elites…”.  I believe provides an important perspective on the President Trump’s America First Strategy.  I have focused on Energy and the Paris

Agreement, but Trump’s strategy, as laid out by the author, sundance, is more that those two items.  It really is a plan to make the US economically strong again.

President Trump has put a jaw-dropping U.S. energy platform solidly into place.  You can learn more about them HERE and HERE.  The announcements last week are tectonic in consequence though seemingly lost amid the chafe of media reporting over twitter spats.

Everything President Trump’s team does is connected to a bigger, much bigger, picture than most people are paying attention to.  However, those who control the levers of multinational power are paying very close attention.

At it’s core and central elements ‘America-First’ is about prosperity and national security through the utilization of leveraged economic power.   For four decades, as he built out his empire of holdings, every-single-day at every-single-opportunity, Donald Trump voiced vociferous frustration that politicians were allowing the U.S. to be controlled, lessened, weakened and robbed by multinational economic interests.

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Paris Agreement Doomed By Projected Coal Based Power Plants


The Global Warming Policy Forum (GWPF) posted “Forget Paris—1600 New Coal Power Plants Built Around The World.”  The GWPF provides the chart below that focuses on Europe, Asia and Africa using data from Coal Exit.com:


 

 

 

 

As you can see, China already has 2,363 coal based plants and expects to have 1,171more.  It comes as no surprise that China and India are major users of coal based power currently and they will be the major builders in the future.  No other country is even close.  It is illustrative to see that European nations are forecast to be increasing coal based capacity, not reducing it as their none too subtle “holier than thou” attitude would suggest.

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Congress Needs To Take Ownership Of Regulations


The preceding posting “Federal Regulations And Intervention Cost America Consumers And Businesses $1.9 Trillion In 2016, discussed the scope and effect regulations have on the economy.  This posting will look at some solutions.

From the CEI posting titled “Ten Thousand Commandments 2017comes the following excerpts:

A regulatory liberalization agenda would provide genuine economic stimulus and offer some confidence and certainty for businesses and entrepreneurs.

Steps to Improve Regulatory Disclosure

Certainly, some regulations’ benefits exceed costs, but net benefits or even actual costs are known for very few. Without more complete regulatory accounting, it is difficult to know whether society wins or loses as a result of rules.

An incremental but important step toward greater openness would be for Congress to require— or for the Office of Management and Budget to initiate—publication of a summary of available but scattered data.

Regulations fall into two broad classes: (a) those that are economically significant (costing more than $100 million annually) and (b) those that are not. Agencies typically emphasize reporting of economically significant or major rules, which OMB also tends to emphasize in its annual assessments of the regulatory state. A problem with this approach is that many rules that technically come in below that threshold can still be very significant in the real-world sense of the term.

Ending Regulation without Representation: The Unconstitutionality Index—27 Rules for Every Law

Agencies do not answer to voters. Yet in a sense, regulators and the administration, rather than Congress, do the bulk of U.S. lawmaking. But agencies are not the only culprits. For too long, Congress has shirked its constitutional duty to make the tough calls. Instead, it delegates substantial lawmaking power to agencies and then fails to ensure that they deliver benefits that exceed costs.

Agencies face significant incentives to expand their turf by regulating even without demonstrated need. The primary measure of an agency’s productivity—other than growth in its budget and number of employees—is the body of regulation it produces. One need not deplete too much time and energy blaming agencies for carrying out the very regulating they were set up to do in the first place.

For perspective, consider that in calendar year 2016 regulatory agencies issued 3,853 final rules, whereas the 114th Congress passed and President Obama signed into law a comparatively few 214 bills. Thus, there were 18 rules for every law in 2016 (see Figure 24). The ratio can vary widely, but the average over the decade has been 27 rules for every law. Rules issued by agencies are not usually substantively related to the current year’s laws; typically, agencies administer earlier legislation. Still, this perspective is a useful way of depicting flows and relative workloads.

Regulatory reforms that rely on agencies policing themselves will not rein in the regulatory state or fully address regulation without representation. Rather, making Congress directly answerable to voters for the costs that agencies impose on the public would best promote accountable regulation. Congress should vote on agencies’ final rules before such rules become binding on the public.

Well, why don’t they vote on agency final rules?

Concern about mounting national debt incentivizes Congress to regulate rather than to increase government spending to accomplish policy ends.

By regulating instead of spending, government can expand almost indefinitely without explicitly taxing anybody one extra penny.

This creates unfunded liabilities. Leaving the people regulated to fund the regulation. Congress could pass a law intending to reduce homicides in the US by requiring an increase of police officers per square mile of city area to match New York’s successful program of 119 officers per square mile.. This would require, for example, a doubling of Chicago’s police force according to a posting by Politics & City Life titled “City Size and Police Presence.” This might be a great idea, but either fund it or let the people in Chicago decide if they want to double the police force.

Affirmation of new major regulations would ensure that Congress bears direct responsibility for every dollar of new regulatory costs. The Regulations from the Executive in Need of Scrutiny Act (REINS) Act (H.R. 26, S. 21), sponsored by Rep. Doug Collins (R-Ga.) and Sen. Rand Paul (R-Ky.), offers one such approach. It would require Congress to vote on all economically significant agency regulations—those with estimated annual costs of $100 million or more. It has passed the House in the current and three previous congressional sessions but has not moved forward in the Senate.

Congressional rather than agency approval of regulations and regulatory costs should be the goal of reform. When Congress ensures transparency and disclosure and finally assumes responsibility for the growth of the regulatory state, the resulting system will be one that is fairer and more accountable to voters.

Please read the entire CEI report by clicking here.

cbdakota

Federal Regulations And Intervention Cost American Consumers And Businesses $1.9 trillion In 2016.”


President Trump says he wants to drain the SWAMP.  When I think of draining the swamp, I think of shrinking the government.  Specifically aimed at getting rid of the many bureaucrats that are virtually a law unto themselves.  They are not working to carry out the Executive and Legislative wishes, but rather to impose their agendas. They do this by co-opting legislative authority though regulations and rulemaking and by employing “red tape” to detour the executive intentions.   (This is often known as the Deep State.)

The Competitive Enterprise Institute(CEI)’s Vice President for Policy and the US economy, Clyde Wayne Crews, Jr. produces an annual survey of the size and scope and cost of federal regulations. Then that is translated into how those regulations affect the American consumers, business and the US economy. Crews reports that “Federal regulations and intervention cost American consumers and businesses $1.9 trillion in 2016.”

 

Crews’ effort is captured in the following posting “Ten Thousand Commandments 201: A Fact Sheet”:

Federal government spending, deficits, and the national debt are staggering, but so is the impact of federal regulations. Unfortunately, regulations get little attention in policy debates because, unlike taxes, they are unbudgeted, difficult to quantify, and their effects are often indirect. By making Washington’s rules and mandates more comprehensible, Crews underscores the need for more review, transparency, and accountability for new and existing federal regulations.

The 2017 report is unique and will serve as a benchmark to measure President Trump’s efforts to cut red tape against those of his predecessors. President Obama’s final year in office showed a regulatory surge. Will Trump keep his promise and slam the breaks on overregulation?

 

Highlights from the 2017 edition include:

 Federal regulations and intervention cost American consumers and businesses $1.9 trillion in 2016. When you add the taxpayer dollars government agencies spent administering these regulations, the total cost of the regulatory state reached $1.963 trillion last year.

 Federal regulation is a hidden tax that amounts to nearly $15,000 per U.S. household each year.

 In 2016, 214 laws were enacted by Congress during the calendar year, while 3,853 rules were issued by agencies. Thus, 18 rules were issued for every law enacted last year.

If it were a country, U.S. federal regulation would be the world’s seventh-largest economy, ranking behind India and ahead of Italy. 

    Many Americans are concerned about their annual tax burden, but total regulatory costs exceeded the $1.92 trillion the IRS collected in both individual and corporate income taxes in 2016.

 Some 60 federal departments, agencies, and commissions have 3,318 regulations in development at various stages in the pipeline.

The five most active rulemaking entities–the Departments of the Treasury, Interior, Transportation, Commerce and the Environmental Protection Agency–account for 1,428 rules, or 43 percent of all federal regulations, under consideration.

 The 2016 Federal Register contains 95,894 pages, the highest level in its history and 19 percent higher than the previous year’s 80,260 pages.

 Last year, the Obama administration averaged 86 “major” rules, a 36 percent higher average annual output than that of George W. Bush. Obama issued 685 major rules during his term, compared with Bush’s 505.

 

That is quick look at the Federal regulations and intervention that cost American consumers and businesses $1.9 trillion in 2016.

Deplorable!

Crews has some ideas, worthy of consideration, on how to fix this major, and growing problem.  That’s next.

cbdakota