Rigzone: EPA Draft on Fracking Should Be Out Next Month

... released on a Friday after 5:00 p.m., no doubt.

Link here to Rigzone. com.

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None dare call it default, WSJ.  The chickens come home to roost: entitlement reform. This will be fun.

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From the WSJ, here comes the regulatory flood, opinion, November 24, 2012.

• ObamaCare: states and industries have less than a year to prepare to meet the new mandates; most interesting story to follow: ObamaCare's "exchanges"
• Financial Services: only 133 of the 398 rules of Dodd-Frank have been finalized
• Energy: throttled before the election, the EPA now has free rein
• Economic potpourri: boards, commissions, and agencies are teaming up to rewrite labor and workplace law; top on the list -- the new 29-hour work week

ObamaCare Exchanges:

• HHS has provided vague guidelines only; not the force of law; likely to be revoked
• HHS "is all but begging states to run the exchanges"
• HHS hasn't clarified what the states would be signing up to 
• the feds are best at enforcing regulations; states would be foolish to sign up for something that has not been defined
• my hunch: a bridge too far -- the mandate for "exchanges" will be delayed at least a year, probably more; the more conservative states will learn from the more progressive states; New York and California will be the states to watch; more on the exchanges at the WSJ;

EPA:

• in the lead-up to the election, the EPA stood down, but now has free rein
• coal is dead
• fracking regulations on federal lands are being promulgated by Interior; other rules can't be far behind; will probably use the pretext of drinking water under the Clean Water Act
• the sleeper issue -- National Enforcement Initiative Agenda; my hunch is some powerful senators will find ways to help their buds back home -- but it will cost

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For Chester:

Quick: what's the "official name" for "Social Security," the act that provides you your SSN? That's what I thought.

Likewise, "ObamaCare" is not my word; I did not coin it; I wish I had: I would market t-shirts.

ObamaCare is used extensively through the opinion piece above and in all mainstream media; it is referred to as such at Wikipedia. For the analogy see Social Security at Wikipedia. As far as I know, no one receiving "social security" benefits refers to "social security"  using its "legal name."

My hunch is that the term "ObamaCare" will morph into something else and my granddaughters will refer to that new moniker when they are adults. But for now, I have no idea what that new name will be. Most likely something patterned after the UK's National Health Service.

And my granddaughters, when they call to make their federally-required annual physical, they will make their appointment through "The Exchange app" on the iPad pico, accessed through a heads-up display implanted in the left cornea.

The US National Health Service will rival the size of the DOD, and certainly be bigger than any other federal agency. It is very likely that "Health" will separate from HHS, becoming its own cabinet-level Department of Health. One could move DOD's Tricare and the medical arm of the VA system under the Department of Health. Until then: it's ObamaCare.

Likewise, the Department of Energy could be absorbed by the Environmental Protection Agency.  It would be known as the Department of Economic Suicide.

I Don't Want To Talk About It, Rod Stewart and Amy Belle