Posted on 09/29/2011 11:54:34 AM PDT by SteelToe
Alaska Rep. Don Young suggested Tuesday he plans to introduce a bill to repeal every regulation that's been put into effect in the last 20 years, an idea that could have huge implications for everything from aviation safety to oil drilling if it actually happened.
"My bill is very simple, I just null and void any regulations passed in the last 20 years," Young told the Anchorage Downtown Rotary Club. "I picked 20 years ago because it crossed party lines and also we were prosperous at that time. And no new regulations until they can justify them."
At least some members of the Rotary crowd appeared taken aback by the breadth of what Young appeared to be saying, given all of the passenger jet safety, pesticide, food safety, banking and other regulations that have come into place since 1991.
One man at the luncheon stood and asked Young whether the congressman felt there should be any regulation of Wall Street.
Young responded he was not an expert on financial regulation but does believe there's a role for it, so long as the government doesn't go too far.
"When we deregulated the financial institutions which we did I believe probably 10 years ago we created some problems. There's no doubt about that. I'm more interested in regulations that do not have any founding," Young said, talking about paperwork required to meet transportation security regulations for barge commerce on the Yukon River.
Read more: http://www.miamiherald.com/2011/09/28/2428913/alaska-rep-young-wants-regulations.html#ixzz1ZMwFqsjA
(Excerpt) Read more at miamiherald.com ...
We didn’t DEREGULATE the financial industry. We reformed the regulations stupidly.
Ping.
A start...
Go back another twenty and you might have something.
lol. Nice stunt. PT Barnum is impressed.
Listens to Rush I see.
It’s a start. We clearly need something this big and this dramatic if we take the WH and Senate.
You mean this *isn’t* satire?
Agreed!! Right after we eliminate every alphabet agency in the federal government that has usurped Congress’ function and begun to make law via its regulations!!
And Executive Orders
Works for me.
lol. Great Minds Think Alike. I was just going to tack on to the last post of mine, eliminate every executive, legislative and judicial agency that has been created since that date as well.
Works for me.
Works for me.
I'll drink to that, in fact probably get drunk to celebrate if it happens (something I haven't done in about 40 years) :^)
Great idea.
Pre EPA, NRC, DOE and others.
Roll baack to 1969 level.
Even keyboard regulations?
I think every regulation should be required to sunset in 10 years, if not re-approved by Congress and the President.
Even in the rare cases that a regulation is needed, it is a short-term fix for a problem; once the problem is solved, the regulation just stifles growth.
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