Sunday, September 4, 2011

Rapidly Losing Respect for Congress




An out of control banking industry is quickly bailed out with taxpayer money, no one is held accountable. The deficit is out of control and Congress passes a measure that essentially does nothing to change the situation. Social security, which millions of citizens paid into throughout their working lives, is nearing insolvency. We have lost our manufacturing base to the Chinese, which does matter; that is why their economy is growing while we are stagnating. Health care is outrageously expensive and unavailable still to many people; mandated purchase of health insurance will only work while it is affordable, which it is not; In the construction industry which I am a part of, the regulations keep piling on from above, increasing the expense of housing and building in general. Much of the new regulation is a result of pressure from special interest groups, in particular insurance companies and is implemented by bureaucrats and politicians with taxpayer funded jobs that give them health insurance, retirement benefits and paid vacations. Congress will not buck the special interest groups. There is no leadership, there is no political courage.