Lost in the current political discussion about such critical national issues as whether people are eating pets is a debate about one of the most fundamental differences between Kamala Harris and Donald Trump — and indeed, between Democrats and Republicans more broadly.
That difference regards regulation. Nowhere could the contrasts between the two parties be more stark, at least short of abortion and taxes.
That the Democrats are willing not only to 1) regulate as much as they possibly can as quickly as they can, but 2) do so without regard to the law, has never been as clear as in the runup to the 2024 election.
Faced with essentially a 50-50 proposition of staying in power, or living with Trump 2.0 deregulation, the Biden executive branch is pulling out all the stops, often pushing the envelope on what is legal, in some cases past the breaking point.
For example, a few months back, a federal appeals court threw out a rule promulgated by the Securities and Exchange Commission regarding fees and certain other practices employed by private funds. The reason: The unanimous court said that the SEC doesn’t have the legal authority to make those rules.
The SEC did not appeal the decision. Instead, it started to act as if the rules still exist anyway, and........