Barney Frank is a tricky one. Between watching the banking industry, including Frannie Mae and Freddie Mac, fail and then finding anyone and everyone else to blame but himself on one hand and seemingly espousing libertarian ideals on the other, it makes a liberty minded individual scratch their heads. Unfortunately, it seems that, indeed, words are seldom as important as deeds.
In looking for a reason for our current economic issues it appears that most people think the problem is just a few years old. They find a point that backs their cause and stop looking. Democrats point to Gramm-Leach-Bliley and say ‘look, deregulation!’ Republicans point to the Community Reinvestment Act and say ‘look, social engineering’. And while both are partially right, and partially wrong, they both stopped looking at the real core problems that started in late 1970s that really opened the doors to this mess.
I’ve written often about the hypocrisy of politicians in the past, but nothing prepared me for the full story on President Obama’s latest display of unmasked hypocrisy. Ending the school voucher program in Washington DC is a blatant slap in the face of anyone who thought this type of behavior would change.
For years peace loving individuals have been rightfully upset about President Bush’s abuse of our Constitution in response to the War on Terror. To date, President Obama has changed the name of this action, and little else. Except for the fact that he has attempted to acquire even more power in defense of these actions than even President Bush dared push for. Is this because President Obama is more creative or is it more of a natural progression to fascism that our duopoly is driving us towards?
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In a letter to Edward Libby of AIG detailing his resignation from the company, Jake DeSantis provides the evidence that will most likely be missed by the populist rush to further the class warfare that this administration is waging as to why a political body has no business dabbling in running a business. President Obama, who’s supporters claim is a pragmatist, showed the exact opposite character trait and instead displayed a wonderful example of demagoguery.
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Well, that didn’t last long. One of the shining positive moments I had with the Obama administration lasted a whole week. Attorney General Eric Holder had promised to call off raids on Medical Marijuana dispensaries who were operating their businesses within state laws. However, yesterday that all seems to have gone up in smoke with a DEA raid on a dispensary in San Francisco.
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In his first 57 days in office, President Obama has seemingly tried to play both sides of an issue with little concern by anyone listening, especially the initiated, that it is happening. When will the Daily Show, where most young people get their news these days, start picking up on these?
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While we congratulate Barack Obama for his win for the office of President of the United States, I am hearing a lot about how this election has ushered in change. Unfortunately, as we look at the presidential and, more specifically, the rest of the elections that took place, I am not seeing as much change as one is led to believe.
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Three recent troubling lawsuit decisions have gotten me wondering who is responsible for ensuring that our presidential candidates meet the legal requirements of the office they are attempting to win? After some investigation, it appears that at the present time, that would be ‘no one’.
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There is a feeling in this country that the Republicans are solely responsible for the failures of Fannie Mae and Freddie Mac, that their failure was a result of a lack of oversight and regulation that is indicative of Republican operating methods. But is that true or does it require ignoring sticky facts?
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