Olbermann On Obama Scrapping $90B Ozone Regs: "What The Hell Is Going On?"

Poor Keith - a $90 billion regulation that will do nothing to improve air quality but will hurt business, consumers and the economy at large goes down the tubes due to a community organizer-in-chief running scared for his political life, and Olbermann's head is exploding:

Via RCP:

Keith Olbermann says President Obama is giving his supporters a "whack at the knees" for his reversal on stopping an environmental regulation against smog.

And here I though that Olbermann himself had been pushing that 'new tone' against violent rhetoric directed towards Obama (he was... back in January).

UPDATE: Via Instapundit: Paul Krugman and the Ozone Fairy.

Pres. Obama abandoned a controversial new proposed EPA rule regarding so-called ground-level ozone on Friday, angering lefties in general and environmentalists in particular. Nobel Prize-winning economist and former Enron adviser Paul Krugman is among those in despair, arguing the decision is “definitely a mistake” as a matter of economics:

[T]ighter ozone regulation would actually have created jobs: it would have forced firms to spend on upgrading or replacing equipment, helping to boost demand. Yes, it would have cost money — but that’s the point! And with corporations sitting on lots of idle cash, the money spent would not, to any significant extent, come at the expense of other investment.

The proposed EPA rule did contemplate that a lot of money be spent. Indeed, House Speaker John Boehner singled out this proposal in a recent letter to Obama precisely because the estimated cost ran as high as $90 billi0n per year. But Krugman’s argument has at least one itsy-bitsy little flaw: the technology required to meet the standard EPA proposed does not exist. Yes, really.

Also, check out this story of regulatory hell out of the Golden State: California Dems Move to Regulate Babysitting Out of Existence

The folks at The Onion may be moonbats, but they come up with some great parody news stories, like the one about the authoritarian do-gooders who run California pushing through a demented law that would effectively outlaw babysitting.

Hold on — this is from The Union, not The Onion. The parody is actually real:

How will parents react when they find out they will be expected to provide workers’ compensation benefits, rest and meal breaks and paid vacation time for … babysitters? Dinner and a movie night may soon become much more complicated.

Assembly Bill 889 (authored by Assemblyman Tom Ammiano, D-San Francisco) will require these protections for all “domestic employees,” including nannies, housekeepers and caregivers.

Not a single Republican supports this lunatic bill. None needs to. It is sailing through the Dem-controlled legislature. Governor Moonbeam had better sharpen up a crayon; it will soon be ready for his signature. ...

Good grief...