Ninety-five percent of the work in the attorney general's office is civil litigation and regulatory work, and I think I certainly have a lot more experience in that than most of the folks who have served in the office.
I think we need to significantly reduce the regulatory burden on the private sector. The Obama administration is doing the opposite. They're loading on more and more regulation on the private respect to how the economy functions.
Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market.
Often you see big companies, big banks who are eager to embrace crushing regulatory burdens because they drive up everyone's costs.
Part of my mandate is to curb corruption and streamline a cumbersome, graft-ridden bureaucracy, to put resources where they will provide the clearest results, and to untangle a complicated regulatory environment.
So Bush certainly wasn't the greatest, and Obama has not done the job. And he's created a lot of disincentive. He's created a lot of great dissatisfaction. Regulations and regulatory is going through the roof. It's almost impossible to get anything done in the country.
They're the Federal Energy Regulatory Commission, and they will not do that. They will not pull the trigger.
The future regulatory arrangements for the newspaper industry need to be done in a much calmer deliberative way, in slower time when we've got beyond this media firestorm.
Many people who try to do big bold things in the world find out it's not about the money or the technology: It's about the regulatory hurdles that will try and stop you.
Today, we are announcing that agencies are releasing their final regulatory reform plans, including hundreds of initiatives that will reduce costs, simplify the system, and eliminate redundancy and inconsistency.