Financial Scam: Congress Back Room Deals With Special Interests

Did you ever wonder how The United States got into such a deep financial hole? If you listen to the rhetoric you are lead to believe it is fault of George Bush, big business, the evil CEO’s, the banks, the insurance companies and the list goes on. It is never the congress or the administration. It is always the previous administration and the evil empire of the corporate world. It is their greedy ways and negligence that caused our problems.

Now lets face the facts, business is geared to make money, that is the sole function of a business. They are not benevolent entities who exists for the betterment of the people of this country and they are always looking for a competitive edge. The government is in business to govern the country. Under our system it should be an entity that exists for the betterment of the American people.

Government does not create jobs! Government does create an environment where business can flourish of flounder. It does this by the laws and regulations it imposes on all of us. It does this by how it manages the currency structure and the interest rates available to the financial segment of our economy and it does this by how it spends the public money.

We constantly hear, Its Bush’s fault, he crashed the economy. Yes, his administration was responsible for continuing the same economic policies and making deals with corporate America just like all the administrations before him. Yes, he started the uncontrolled economic bailout that put us on a path of extreme debt, yes he involved us in two wars that are draining the treasury and increasing the national debt. There is no doubt about these facts.

I contend there is more to our financial problems than George Bush. I contend that our financial problems are the results of many deals with the lobbyists made by our wonderful Congressmen and women and many administrations. There is no doubt that President Obama is letting the Speaker of the House, Nancy Pelosi, and the Democratic leadership in the Senate drive this countries policies. They are writing the laws that will effect this economy and the out come of our current recession. You might think that, well that’s their job and it is but, I think the president should have had a well defined plan and our lawmakers should be developing changes around that plan. You can argue that the President does have a plan but I don’t think so. I think he has a set of ideological values that they share and the plan and it’s details are being left to the extreme left progressive wing of the Democratic party.

If you really look at what drives our representatives you will find that it has become about power and staying in power. If you look at the legislation coming out of Congress you will see that we the people get a few crumbs to keep us satisfied but the bulk of the benefits usually go to the big money. I find it interesting that any lobby you can name will generally be funding both sides of the isle in order to assure the best outcome for them on any issue before Congress. There is no doubt that elected officials cannot get elected or re-elected without the help of big money and big money will not support anyone who will not provide them with a deal.

There are many things we don’t know about, many policies and regulations that allow many segments of our “private enterprise” to gain advantages not available to all. This is not a conspiracy theory it is a fact. We the people are now paying for results of many of these policies, Fannie Mae and Freddy Mac come to mind.

You might say, but Obama got his campaign money from small contributions from the people on the internet, true but in the final push his money came from the usual suspects. If you look at his current fund raising you will see that the usual suspects are giving freely.

When the government does not have enough in tax revenue to even pay for the basic services it provides and must borrow TRILLIONS to cover the current bills, why are we creating more programs and services we cannot afford. Why are we continuing to fund stimulus that is not creating even temporary jobs?

We  have many representatives writing legislation that they would have us believe will cure many of the problems. Reform of our financial system for one. I question how this can happen when the influence of big money will dictate the outcome. If you look at who is driving this legislation you will find Chris Dodd, hmmm didn’t he get a great mortgage deal from County Wide? This kind of shakes my faith in his credibility. There are many examples of our representatives and their close ties to corporate lobbies, even some extreme ones such as 90k hidden in freezer.

I don’t have any answers to these problems, I don’t have anything but questions. I can see that the more things seem to change the more they stay the same. President Obama came to us with a slogan of hope and change, I ask you where is it? Our current government policies are doing nothing to instill confidence in the small business community, they are faced with the prospect of higher taxes and more government regulations. Our unemployment is heading north and it could approach the highs of the the great depression if we continue to expand government. I can see that our income taxes will have to be raised to cover the current programs and the proposed new programs that are surely coming our way. I guess the big money will move more jobs to other countries and our small business community will continue shrink.

As I said I don’t have any answers to these problems but perhaps we should consider term limits and see who really wants to work for the American people and who is just there for the power and prestige.

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