3 Changes for Day One of a Romney Presidency

Video Transcript

Hi, this is Tony Sagami for Uncommon Wisdom Daily.

Over the last couple weeks, I’ve told you why I think a Mitt Romney presidency could rejuvenate the economy and send the stock market to new highs.

This week, I want to focus on three regulatory changes that Romney says he intends to make, and how you could benefit from them.

The first change will be to our country’s energy policy. In short, Romney wants to approve a modified, more environmentally friendly version of “drill baby drill.” He’s vowed to encourage more domestic oil and natural gas production, by streamlining and improving the permitting process and opening up new drilling sites.

He’ll do that by giving states more power to regulate exploration and production on their borders, and on federal lands inside their borders. Romney says he’ll also limit the power of the Environmental Protection Agency, and try to open up access to previously prohibited areas. And to top it off, he’ll approve the controversial Keystone XL pipeline.

This new policy would be a huge positive for companies that help with drilling, exploration and delivery of oil and natural gas. The increased supply would also lower energy prices, a big plus for consumers.

The second big regulatory change would be the repeal and replacement of the Dodd-Frank financial reform bill, and modifications to the costly burdens created by the Sarbanes-Oxley law.

Dodd-Frank sought to eliminate future bailouts of U.S. banks by reducing the amount of risk that banks can take. The Volcker Rule within the law prohibits banks from investing 3% or more of their net asset value in private equity and hedge funds. But this has put a huge dent in one of the banking industry’s most profitable businesses: proprietary trading.

Meanwhile, the intent of Sarbanes-Oxley was to prevent corporate fraud in the wake of the Enron and WorldCom scandals. But its onerous, costly accounting requirements have done more harm than good.

Repeals or significant modifications of these two laws would light a fuse under corporate America’s profits, especially banks.

But the biggest regulatory change of all in a Romney administration would be the repeal of ObamaCare.

The new healthcare law is simply too expensive. The costs of Medicare and Medicaid are already sinking our economy. But ObamaCare makes the problem much worse by adding a massive Medicaid expansion for households with incomes up to 400% of the federal poverty level. In addition, the Congressional Budget Office estimated the new law would raise taxes by about $800 billion over the next decade. A repeal of the law would give a big boost to some healthcare companies, including medical equipment makers.

Of course, if these regulatory changes happen, it will make a huge impact on the economy and the markets overall. And investing in the right stocks to take advantage of these changes could help make 2013 one of your most profitable years ever.

In fact, I’ve identified a dozen investing opportunities I’m calling “Romney Windfall Stocks” that I’m ready to release if Romney wins the election on November 6. You can have these presidential profit-doublers delivered straight to your inbox, in our soon-to-be-released “Election Day Survival and Prosperity Guide.”

I’m Tony Sagami for Uncommon Wisdom Daily. Thanks for watching.

Tony Sagami is the editor of Blue-Chip Option Alert, a trading service designed to help investors profit from the seemingly unstoppable Asian consumption machine. He helps his subscribers tap into this potential through a variety of easy-to-execute strategies on global companies that trade on the U.S. exchanges that also do big business in Asia.

Tony is also the editor of International ETF Trader, where he shows members how to make money from trends taking place all over the world in areas like natural resources, gold, oil, commodities, tech, consumer goods and even in individual countries themselves.