By Chidem Kurdas
Happy Fourth of July! Don’t want to rain on anyone’s parade, but the state of the Republic requires serious thought. Our government has managed to create endless opportunities, but not for ordinary people—only for political operators and influence peddlers, with the Obama Administration pushing some 4,500 pages of medical and financial regulation just in its first 18 months.
What is more, those reams of regulation are an epitome of vagueness, of “unfathomable murk” in the fine phrase Daniel Henninger used in the WSJ to describe the problem. In the murk and the wide-open discretion given to public bureaucrats lie gems for lobbyists. The White House and Congressional Democrats – even as they chided business lobbies – maximized the bills’ scope and vagueness, laying the groundwork for massive growth in the crony system that intermingles government with private interests.
What we see is something James Madison predicted. Read the rest of this entry »