Our government, especially House Republicans, are such an embarrassment to the nation at this point it is hard to write about it. The insanity knows no bounds as they continually play a game of chicken with the United States economy in order to get their way, even when these shenanigans are condemned by the American people.
People are broke and hungry in America and the food stamp program has been the only thing between many and starvation. Food stamps are successful, it has an incredibly low fraud rate and most importantly, America doesn't have starvation filling the streets as a result. Yet for some reason House Republicans, with Majority leader Eric Cantor leading the charge, want to cut food stamps and force people to starve.
While inane campaign rhetoric lulls you to sleep, forcing you to watch reruns of shipping wars until your brain melts and flows into that puddle of lost dreams and promises, Congress has been up to some things.
Remember those outrages du jour, such as using Stimulus funds to hire foreign guest workers? Remember your hard earned taxpayer dollars being used to bring in Chinese foreign workers and Chinese steel to build the Oakland Bay Bridge in California?
Another Sad Day for American Labor. Rhetoric, campaigns, protests and op-eds, all promising to listen to the American people and most of all create jobs. In the streets there are millions of voices demanding an economy for Americans, U.S. workers and what does Congress do? Why pass more glorified offshore outsourcing and corporate tax haven deals under the guise of NAFTA like trade agreements. I kid you not. Congress passed trade treaties with South Korea, Panama and Columbia.
It will be months if ever before trials to start for the targets of the FBI raids. In the meantime, Congress failed to extend unemployment benefits for four million workers set to go off the rolls in January.
Will we survive those who rule us and those who aspire to rule in their place, that bipartisan coalition known as The Money Party?
The parade of indictments on Wall Street is just beginning. On Tuesday the FBI raided three major hedge funds (very large private, highly exclusive, unregulated investment funds that generate huge returns for the lucky few). There are more raids on the way, twelve according to one source. Business Insider's excellent article made clear what has the Feds upset: "What's happened, it seems, is that the government has discovered a huge ring of friends or acquaintances who all know each other." Its called insider trading, taking advantage of information to make those huge profits the hedge funds offer. Ten years after the Wall Street Casino opened, they're finally regulating. It may be time for a scapegoat. The hedge funds will do, it appears. The defendants may wish to put in an early bid for a conveniently located federal penitentiary.
The House Committee on Oversight and Government Reform is holding multiple hearings on the financial crisis. Today's hearing, the 3rd of 5, was Credit Rating Agencies and the Financial Crisis.
While inane campaign rhetoric lulls you to sleep, forcing you to watch reruns of shipping wars until your brain melts and flows into that puddle of lost dreams and promises, Congress has been up to some things.
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