
Knowledgeable officials are expecting a regulatory tsunami after the election. By law, the Office of Management and Budget (OMB) is required to publish a report each April and October about new regulations that government agencies are considering. OMB failed to publish the April report. The question is why -- what is it hiding?

If a sports league set up a permanent office with a number of lawyers to write new regulations for its particular game (basketball, for instance), what do you think would happen after a few years? The lawyer-regulators would know that if they stopped writing new regulations, whether needed or not, they would be out of a job.