Not The Fun Kind

Readers know that I am not much of a fan of the way things happen, or not, in the US congress. I have also seen, up close and personal, what can happen to really good legislation and/or accounting guidelines when they are opposed by the banking industry. The latest example is the blockage of a credit card holders right not to be gouged by the card issuers, the biggest of which are Citi, Chase, BofA, Wells & etc. These institutions are the biggest recipients of TARP money and therefore, should feel some obligation to consumers and should try, in some minor way, to facilitate spending during the holiday season. But no! Once again, the ABA steps into the breech and puts the interests of the banks ahead of everybody else.

The system needs revision ... how can a senator from Mississippi have such a dramatic affect on people in the other 49 states? Thanks again Hammer - the members are moral cripples. The exact same set of circumstances are at work now that created the mortgage disaster. We've got a bunch of mental lightweights that don't have the courage to say no to the lobbyists controlling the destiny of this country. The weakened dollar rules! The inmates are in control of the asylum! Am I forgetting any cliches?

If you think for, even a nano-second, that members of congress and their elitist supporters can really relate to what is happening in this country, you are very sadly mistaken. On the off chance that they do, they, obviously, do NOT care and they are way too obtuse to be able to see in which direction we are heading.

THINK!