Sep 22 2008
American Voters Should Act.
The debacle that is Fannie and Freddie continues to grow. Now the federal government is about to toss in a major bail out plan for the entire financial system. Yet, standing in the corner watching is F and F, ready to continue subsidizing the reckless behavior of lenders around the nation.
In the meantime, while bankers, lawyers, politicians and lobbyist grew richer and ranked in the benefits of the F and F, the taxpayer pays dearly. Not only have portfolios fallen for the average person, but nothing has changed. All those involved are free and spending; the politicians are on the verge of socializing the banking system and lobbyist are jumping in joy knowing that the financial market has been closed and their clients safe.
The American voter should be outraged, but instead many are feeling gratitude for being saved by the politician. Instead of thanking them we should be tossing them out.
2 Responses to “American Voters Should Act.”
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Abolishing the entire two party system would be a great place to start. A mulit-system government working in a Parlimentary fashion, with our President subjected to Question Time on a monthly basis would also be helpful. Now, there’s about as good a chance of that happening as Scarlett Johannson kicking down my door and having her way with me, but I get your point.
If we still can’t prove criminal activity in the Justice Department, or within the Executive Branch, and maybe one or two House or Senate members actually get caught doing something illegal, though, it looks grim.
Don’t you just love France’s form of govt? (Not necessarily the people in their govt, just the way it’s structured).