mdef metals defense energy food

What is MDEF™ Investing? Strategy before tactics. Strategic investments dictate tactical actions in the Metals, Defense, Energy & Food sectors.

- Jeffrey C. Borneman

We Won a Big One Over the EPA - Water

Jeffrey C. Borneman | June 10, 2015

Too much, too fast even for the Progressive Republicans; a bipartisan group of senators today said "hell no" to the EPA's new regulation asserting control over small waterways like streams and wetlands.

RECAP - The original Clean Water Act is focused on navigable waterways; bays, rivers, etc. This is both a necessary and laudable function but the EPA has been relentless in its attempt to seize jurisdiction of all waters in the United States, saying "The federal government has long recognized that some upstream waterways must also be protected."

"Republicans complained that the rule released late last month by the EPA and the Army Corps of Engineers under the Clean Water Act would extend federal control over large swaths of private or state-owned water and land, including puddles, dry creek beds, man-made ponds and many agricultural features," reported The Hill.

Why today's vote is good: “This bipartisan legislation would stop the final rule (italics mine) and make the EPA and the Corps of Engineers go back and redo it,” said Senator Inhofe. “This time, they cannot avoid consultation with states and local governments, they will have to do a full economic analysis, including an unfunded mandates analysis, they will have to review the impacts on small businesses and small local government.”

Essentially, the EPA got caught trying to appoint itself arbiter of all water in the country and this was just a step too far. Now every incremental rule the EPA wishes to create (on its own) will come under many different microscopes - all with the ability to stop federal control.

How did the vaunted EPA take today's ruling? EPA spokeswoman Liz Purchia decided silence was preferable to embarrassment but an administration adviser Brian Deese managed to squeeze out a few sour grapes: “The only people with reason to oppose the rule are polluters who threaten our clean water."

The MDEF™ strategy was formulated with the expectations that scarcity will be manufactured by the powers that be. Couple this with collapsing DEMAND in non-essentials and Inflation, and investors are left with few options that provide secure value and consistent returns.

If you want to know more about how the MDEF™ Investing strategy is positioned in this, or other geopolitical possibilities, please contact us directly.











Read the Original Article

Senators vote to block Obama’s water rule

By: of The Hill Article Date: 2015-06-10

comments powered by Disqus