Would you like to take a WAG at how many pages of regulations were added to our Federal Registrar just last week?  Just for one week … any guesses?  1,641 pages of regulations were added, detailing the regulations of 51 new rules in America.  These rules affect someone –small businesses, corporations, manufacturers, farmers, individuals – and they sure as heck affect our economy.  In fact, four of those regulations added last week were considered “economically significant,” meaning that they could cost our economy more than $100 million per regulation, per year!  As someone from the Competitive Enterprise Institute points out, “That’s the equivalent of a new regulation every 3 hours and 17 minutes — 24 hours a day, 7 days a week.”

Small businesses alone will be hit with 71 new “economically significant” regulations this year alone.  And how asinine can these regulations be?  Well let’s look at some of the ObamaCare regulations, which are finally coming down the pipeline.  It apparently took 18 pages in our Federal Registrar for the Department of Health and Human Services and Internal Revenue Service to define a "full-time employee."

Here’s another new regulation you don’t know about.  Let’s say that you’re getting ready to move into a new home.  You’re credit has been approved … the closing attorney has all the documents ready … and you’re heading to the closing when your attorney calls you to tell you there’s been a delay.  The lender hasn’t received the appraisal yet.  The appraisal of your new home is completed .. but it hasn’t yet been delivered to the lender.  The lender absolutely needs the appraisal – a signed, hard copy of the appraisal – in it’s files before it can release the money to the attorney to be disbursed at the closing.  Well … that should have been easy to solve, right?  The lender just needed to call the appraiser and ask where the appraisal was?  Oops.  Sorry … can’t do that.  Under new Obama regulations – the Dodd-Frank consumer protection law – the lender will have committed a federal crime if it calls the appraiser.  Well, maybe the attorney can call!  Nope, sorry. Can’t do it.  The closing attorney is an agent of the lender.   Contacting the appraiser?  Well … the real estate agent can do that, but what if (as was the case in one instance I’m aware of) the agent is out of pocket?  Regulations ---- gotta love ‘em.

And apparently, we ain’t seen nothing yet when it comes to ObamaRegulations.  According to Republican Senator Rob Portman of Ohio, “The Obama administration has been quietly postponing several multibillion-dollar regulations until after the November election.  Those delayed rules, together with more than 130 unfinished mandates under the 2010 Dodd-Frank financial law, could significantly increase the regulatory drag on our economy in 2013.”

I’ve got my escape plan for 2013 … what’s yours?