September 13, 2011 - Many regulations that were originally scorned by politicians and industry as signaling the death of product lines, companies, and jobs - including those requiring more efficient light bulbs and banning chemicals that damage the ozone layer - in fact stimulated healthy innovations that have protected American lives and saved billions of dollars without harming industry, according to a report by Public Citizen.
"Regulation: An Unsung Hero in American Innovation," describes five regulations that were originally excoriated but have resulted in innovations that improved public safety, helped the environment and led to better products.
The report comes as public protections are under attack from the U.S. Chamber of Commerce and big business allies in Congress, who focus on the cost of rules while ignoring their public safety benefits and their potential to spur innovations.
Many of those preaching at American church services Sunday extolled as "heroes" the 30 American and 8 Afghan troops killed Saturday west of Kabul, when a helicopter on a night mission crashed, apparently after taking fire from Taliban forces. This week, the Fawning Corporate Media (FCM) can be expected to beat a steady drumbeat of "they shall not have died in vain."
But they did. I know it is a hard truth, but they did die in vain.
Gerald Klatt and Walter Burien are unrecognized heroes. These individuals are national leaders who have communicated how government agencies conceal American taxpayers' money in surplus accounts that collectively total trillions of our dollars. The data is found in government agencies' Comprehensive Annual Financial Reports (CAFRs).