GLOBAL COST OF REGULATION IS SIX TRILLION EUROS EVERY YEAR!

James Gattuso points out that in much the same way that high taxes hamper investment and innovation, escalating regulatory costs undermine the economy. Small businesses in particular are under siege. When surveyed in December 2011 about their single biggest problem by the National Federation of Independent Business, 19 percent of respondents cited regulations and red tape, up from 15 percent a year ago, and second only to poor sales. http://venitism.blogspot.com/

Licensure is a sign of slavery. All licenses of the kangaroo justice government of Greece should be abolished, including doctors, lawyers, and marriage. The kangaroo government of Greece licensure is an immoral exercise of force, an overly burdensome restraint on trade, a violation of the right to liberty, a mill of kickbacks. Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of economic freedom

The cost of government regulation is truly staggering, and it's a barometer of how free we are to pursue our own interests and to determine the course of our own lives, independent of kleptocrats and the cancer of socialism. The cost of regulations is one trillion dollars in USA and two trillion euros in Fourth Reich(EU) every year. The global cost of regulation is six trillion euros every year. Financial costs are not the only burden.

One of the many reasons why the kangaroo government licensure is incompatible with
liberty, therefore, is because it is destructive to economic freedom. No other nation demands more licenses than the Cradle of Kleptocracy. Any Greek has the natural right to pursue any means of providing for his family, so long as in doing so he does not act fraudulently or otherwise violate the rights of others. 

Gattuso notes regulations are not just a problem for entrepreneurs. Workers and their families have been hit hard by the persistent lack of job creation that results, in part, from regulatory excess. Meanwhile, regulatory costs are passed on to consumers in the form of higher prices and limited product choices. For example, last year's price controls on the fees that banks may charge to process debit-card transactions have prompted cancellation of customer rewards programs and free services, as well as higher fees on checking accounts and credit cards. 

The kangaroo government mandated license turns the market of the Cradle of Kleptocracy upside down. It prohibits every Greek from producing in a given industry except for those who are granted the privilege of doing so by the kangaroo government, especially those who provide huge bribes to kleptocrats. The kangaroo government, in such a scenario, absorbs all individual rights unto itself and then divvies up some of those rights in any number of ways.

Regulations also result in a tremendous loss of one of our most valuable and limited resources, time. The private sector is spending over 10 billion hours a year just to meet government paperwork demands in USA, and 20 billion hours in Fourth Reich. It is no wonder that regulation discourages the creation of new businesses, new jobs, new products, and new services. Starve the beast by fighting taxes. 

A sensitive issue cannot be fully explained in a post, but only in a speech, in that magic eyeball to eyeball contact, baring my soul, and declaring truths that cause shock and awe. That's why I look forward to the invitation of your organization to speak at your conference. Basil Venitis, mailto:venitis%40gmail.com

Diane Katz points out that neither Congress nor the Administration keeps tabs on the total number and cost of regulations. But by mining the Federal Register and various government databases, new regulations may be identified and regulatory costs calculated. During 2011, the Obama Administration completed a total of 3,611 rulemaking proceedings, according to the Federal Rules Database maintained by the Government Accountability Office (GAO), of which 79 were classified as major, meaning that each had an expected economic impact of at least $100 million per year.

Of those, 32 increased regulatory burdens (defined as imposing new limits or mandates on private-sector activity). Just five major actions decreased regulatory burdens. The remainder of the rules adopted were non-regulatory in nature, such as those setting spending criteria for government programs.

Any government intervention inevitably leads to more interventions in order to address the crises that are generated by the previous interventions. Ultimately the crises continue getting so bad that the government ends up taking over the entire sector. "I'm from the government, and I'm here to help." Ronald Reagan considered those nine words the most terrifying in the English language. And the government has been offering a lot of such help lately. 

Katz notes that regulations adopted in 2011 cost Americans some $10 billion in new annual costs, according to estimates by the regulatory agencies. Overall, from the start of the Obama Administration to January 20, 2012, a total of 10,215 rulemaking proceedings were completed. Those included 244 rulemakings classified as major, of which 106 increased burdens on private-sector activity. Only 11 major rulemaking actions decreased regulatory burdens. The estimated cost of these new burdens tops $46 billion.

Smart words are more effective than smart bombs! Mighty words of a charismatic keynote speaker can transform your people to a new dimension of organizational climate, efficiency, self-actualization, enthusiasm, belonging, and motivation. I would like very much to speak at your conference in order to explain critical points much further. Basil Venitis, mailto:venitis%40gmail.com

The government has the opposite of the Midas touch. This has been observed over and over by the reduced quality and rising prices in every private industry in which it entangles itself. Yet somehow people still seem willing, even eager, to relinquish to government control the most important and sensitive portions of our economy and society. Education, healthcare, and energy are all unfortunate examples of industries that are far too important to be left to government control when it is the market that has the golden touch.