What Will Congress Do About the Deficit

The mid-term elections are over, resulting in a real shift of power in Washington. Questions are being raised as to how this new "fiscally conservative" congress will address the deficit. Congress is at fault for the financial straights we are in.... by looking the other way and doing their bidding, Congress is a codependent with the banks actions and failures... the same is true of Wall Street... the crime here is that, with the members of congress full cooperation it is the lobbies for these industries who actually lay the groundwork of new legislation that is supposed to "regulate" those very same industries... they are already at work crafting any changes to existing law designed to minimize the effect of that new legislation.

The answer to my question is, as "we the people" have little to say, congress will act in its own best interest (raising campaign contributions) and only reduce the deficit in ways that can only hurt middle America. We the People will get the mookey end of the stick yet again...

Throw The Bums Out

Due to their allegations of gross mis-management congress forced Rick Wagoner, GM CEO to resign... back doored Ken Lewis, Bank of America CEO into quitting... yet not one CEO of even one of the Wall Street firms that created the bogus investment instruments that gave us this economic crisis has been forced 0ut by congress... A.I.G wrote fraudulent, yet legal!!!, "insurance" policies for those instruments, thereby proving that two wrongs do not make a right!...Yet no one at A.I.G has been charged with anything stronger than double parking!

However... Congress, in accepting campaign contributions from the very industries that it is RESPONSIBLE for regulating. has been bought and paid for... it has done the bidding of Wall Street, Insurance and Finance industries...it has removed Glass-Steagall and the majority of laws designed to prevent this catastrophe. It is guilty of the very same gross mis-management of the finances of the United States... how much and from who has your representative taken?

Take a look... http://www.opensecrets.org/ If the purchasing manager of your company was taking kick-backs from vendors what would you do? Are campaign contributions any less than kick-backs?

It is about time that "We The People", put down the remote control, get off our butts, go out and vote... THROW THE BUMS OUT.

GM invests $293 Million in China!

From Reuters: "...General Motors said on Sunday it has agreed to set up a light commercial vehicle production venture with major Chinese automaker FAW Group, with total investment of 2 billion yuan ($293 million)...." (http://www.reuters.com/article/newsOne/idUSTRE57T0IV20090830)

Now, I'm not the brightest candle in in the candelabra... but didn't I read recently, that GM had filed for bankruptcy... that in order to survive it required 10's of billions of cash from "we the people"... that this cash infusion was intended to keep it alive... keep thousands of Americans employed... save the industry and revitalize our economy. Make no mistake about it, these comments are not intended as being anti-Chinese... it is a country of very intelligent hard working people. One that over the millennia has contributed much to the knowledge of mankind... it is not us against them... this is a statement of what "we the people" were told... this lead coffin of a debt was required to save OUR economy... it has become more than slightly obvious that we were, yet again, mislead (lied to?) by our elected representatives...

This agreement is yet more evidence that the Chinese are far better traders and bargainers than we… make no mistake about it, these international “deals” are reviewed by or involve numerous government agencies, not the least of which is The State Department…

I have no qualms with the concept of this joint venture... HOWEVER, it takes time and money to build plants; and time and money to hire and train new autoworkers... So please, would someone explain to me why this "joint venture"... is not using the several existing modern, shuttered, assembly plants ... hiring EXPERIENCED auto workers here in the US or even Canada... shipping American made light trucks and vehicles to China... Was not OUR money intended to employ OUR citizens... to buoy up OUR economy... or did I misinterpret the words of Speaker Pelosi... Senator Reid and Mr. Obama... I never did, nor do I believe anything that comes from the mouths of Chairman Bernanke or Secretary Geithner... the heroes and champions of Wall Street...

Hold it.. hold it… the Congressional Budget Office has estimated that the cost of Mr., Obama’s nightmare health reform will cost “we the people” a mere$1.3 Trillion over 10 years… Would not this $293,000,000 be better spent providing health care for “we the people"

And so my fellow Americans... I believe that I will sit back, put my feet up, sip on a marvelous Napa Valley wine, and wait for one of you fans of Nancy, Harry and "B G & O" to provide any really good explanation this latest... sorry folks... fucking over of "We the people"...

For those of us who have any clue, and really care... the next national election is Tuesday, November 2, 2010... And none to soon... Throw The Bastards Out... ALL OF THEM...