Saturday, May 15, 2010
Saturday Is For Art & Screwing The People
The rose bush in my front yard in all its splendor.
I haven't written a word about the oil spill in the Gulf of Mexico. By now almost everyone with any sense of fairness or honesty will admit that the Federal Government has failed us again. First, the Securities & Exchange Commission, The Congress, The Federal Reserve Bank and other duly authorized governmental organizations failed to protect the investing public from the greed of Wall Street bankers. The creation of phony Triple-A rated mortgage-backed bonds fleeced billions of dollars from both individual and institutional portfolios. Created a housing bubble that lead to a bond market meltdown which brought about a financial crisis of liquidity and ultimately lead to the worst economic recession since The Great Depression of the 1930's. All this with perhaps hundreds, if not thousands, of government workers getting too close to the people they are suppose to be monitoring.
The same case can be made for those in the Federal Government that were charged with the responsibility to look out for the nation's interests in the drilling of oil offshore. They, the government employees, were literally in bed with the people they were suppose to be monitoring. I guess you can't get any closer than that if your monitoring.
The Federal Government needs to start putting people in prison for failing to do their job and looking the other way. As long as Congress treats such behavior as acceptable, it will continue. But, then again, where do they learn such behavior if not from the Congress? These whores are so corrupt that they can't even pass legislation to correct the problem with the drilling.