GOP Laissez Faire - Let Them Eat Cake
Submitted by reader on Thu, 2011-10-13 23:07Unregulated business is why we have $3 plus gasoline. Middlemen in the futures market gamble their money against their rich middlemen competitors and drive the prices above what they would be if delivered directly from source to market. They never actually take possession of these commodities, modify or improve them. They only gamble on the price to rise, which is inherent when any middleman comes into play, gambling against the other guy. This is the reason, after the last collapse in the economy, the Dodd Frank Bill was passed. To protect us from the same situations which caused the financial collapse. Unfortunately the Laissez Faire Republicans have been blocking the appointment of the director of the Consumer Financial Protection Bureau. Until someone is appointed, the agency is weak and ineffective. We need this protection.
Here is a link to the brief version of the legislation which is law now .
I urge you to read this document. It is for the protection of all of us. I urge you to contact our Senators and Congressional Representatives and let them know you want this bill enacted and a director confirmed.
The Republicans are letting the economy stagnate, rather than do something now to help the many U.S. citizens who have been hurt in the collapse. They feel confident the dumb public will not see it is just an effort to stop the re-election of President Obama, since their class of candidates is a bunch of lame idiots (with the exception of Congressman Paul).
They are all but saying out loud, "Let them eat cake". I think every one of them should be recalled from congress, evicted from their government offices and run out of town on a splintered rail, and their Democratic partners/sympathizers with them.
Reblogged from http://thecabin.net/interact/blog-post/reader/2011-10-13/gop-laissez-faire-let-them-eat-cake#.T5tkKHK6_-Y
No comments:
Post a Comment