Dodd-Frank, though passed 4 years ago in the wake of the Crash still isn’t even half written. It may never be fully written. As we speak regulators write new rules and regs with help from the financial industry of course. “It’s a living document.” Sigh.
At best we have been treading water since 2008. Check that, we’ve been treading water while the tide continues, unrelentingly to go out.
The DC GOP crowd, mostly Bushites these days, has no real interest in shrinking the size of government or in reducing crony capitalism. Chris Christie, Jeb, and the rest really don’t care about rolling back the state. In fact their ilk are really all for expanding government’s roll in your life and in the economy. They just want to control the levers of power.
Hilda Solis has worked for labor unions for her entire career. Therefore when President Obama appointed her to be Labor Secretary it was tantamount to giving a federal department to union special interests. That was only the start of what has turned out to be five and a half years of crony capitalism at the highest level.
As we have said before, we are pro-immigration. But we are also for the rule of law. If there is no rule of law (or very selective enforcement of the law for political reasons) it is hard to see how the influx on the border can be dealt with in any sane way.
The disaster on the US/Mexico border, the one the President refused to go see first hand, has come about because a relatively small group of influential people in this country have decided that immigration laws are for squares, and bigots.
Information is power and the powerful never like it when the people get information. It creates headaches and makes it hard to set the political agenda. Who wants a bunch of reporters asking a bunch of questions? No one at the White House that’s for sure, they’ve still got 3 years to get through. Who knows what might come out of someone’s mouth, even a reporter the White House thinks it owns. Better to keep them locked away.
To be fair the Republicans have been the party of big business and big government for a long time too.
But for all the talk of “ending corporate welfare” we’ve heard over the years from the Democrats it sure is disappointing to see how quickly the Dems have abandoned this rhetoric to defend the billion dollar, taxpayer funded corporate slush fund which is the Export-Import Bank of the United States, aka “Boeing’s Bank.”
We agree that this is very possible. Government is so large, so out of control, so unaccountable, and so expensive it is indeed likely to collapse one day. Less in a dramatic heap of rubble and more of a slow rusting rot. But perhaps a dramatic heap.
Bush II comes in a very close second. The country perceives that the United States has been under particularly poor management for (at least) 14 years. And the country is right.