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What's wrong with California: Part II

Original post made by Tim Hunt, Castlewood, on Jul 12, 2012

Continuing the discussion of what’s broken in California, a July 7th Wall Street Journal editorial called out just how expensive AB 32—the anti-global warming law that passed the Legislature in 2006 and was signed by Gov. Schwarzenegger, will be.

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Posted by Casanova_Frankenstein
a resident of Old Towne
on Jul 12, 2012 at 8:41 am

Casanova_Frankenstein is a registered user.

Feliz manana, compadres! It is I, Casanova Frankenstein!

Now, Tim Hunt has long been a champignon of the people, so it should come as no surprise that he's here today to protect us from the dangers of regulation. What dangers, you ask? The twin evils of renewable energy and Governor Governator!

You see, Tim's a journalist, not one of those blogger kids who just post their own opinions as if that's actual reporting. A journalist does their research and backs up their claims with solid facts from reputable sources. For example, Tim cherry-picks specifically from two studies mentioned in the Journal--one from the California Manufacturers and Technology Association, and the other a study funded by the Western States Petroleum Association.

Think about that, won't you my good friends? These are paid for by companies like Enron, Worldcom, PG&E, Exxon, and many more of the most trusted names in capitalism, and they're telling us that regulating them is bad! What more proof does a RIGHT-thinking individual need?

You see, amigos, these companies have to maintain the integrity of their officers' meager salaries and bonuses, and so any regulation costs will be passed on to--you guessed it--the consumer! The companies have no choice! It's a lot like the banking industry--they didn't WANT to give themselves huge bonuses after destroying peoples' lives and ruining the economy, they were FORCED to.

That's what regulation does, if you didn't already know, mijos. At least, that's what the banking-industry-funded research proved. And why would anyone question that, n'est-ce pas, Tim? Better to let the companies do what they want to do without anyone looking over their shoulders. As we all know from hard-earned experience, these companies will regulate themselves, and when they're not allowed to by those pesky rules, corners get cut, gas pipelines explode, oil gets spilled, insider trading occurs, pension funds get misappropriated, and unsafe lending practices prevail. So please, NO MORE REGULATION!

And remember Tim's other lesson: don't vote for the Governator again!

My heart is filled with thanks (full disclosure: it's also a little filled with cholesterol) for Tim Hunt, going to bat for the American people. Tim Tim, Hooray!

Aloha for ahora,

Casanova Frankenstein!

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Posted by liberalism is a disease
a resident of Birdland
on Jul 12, 2012 at 4:31 pm

liberalism is a disease is a registered user.

casanova mittenstein says, big business that employs people=bad; maximum govt intrusion in all aspects of your personal life and business=good. All hail Frank-Dodd.

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