Frank V. Vernuccio, Jr. – Regulatory Explosion

from Financial Survival Network

Frank V. Vernuccio, Jr. says that the Regulatory Explosion has gone into hyper-drive. If the US Regulatory System was a country it would be the 10th largest economy. Regulatory democracy has changed the relationship between the people and the government. Regulations have the effect of law but are not passed by legislative bodies and there’s no accountability. Obamacare is typical of the regulatory state where we only find out what’s in until after it’s been passed. What’s the solution? Perhaps it’s as Charles Murray suggests, we need the people to rise up get very wealthy underwrite civil disobedience.

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