Having just read a blog about how the Wall Street reform bill in congress will require property owners who sell their property on "owner carry" will require these property owners to have a mortgage license to do so, I'm reflecting on a blog that I made about the California Air Resources Board, or "CARB."
CARB passed sweeping legislation recently concerning diesel engines in California. This sweeping legislation has and will cost thousands of jobs. The kicker is that one of the researchers responsible for CARB's regulation has a bogus Phd, which CARB ignored.
Just in the past couple of days news broke that CARB admitted that the research for diesel engines was 100% wrong! It's going to be interesting to see how many lawsuits will happen now, justified but costing taxpayers countless dollars.
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