By Douglas V. Gibbs
In the latest power grab, Washington is working on a new economic regulatory bill that will further promote our downward spiral into the sinking abyss of socialism.
Without getting too technical, I was just wondering about the regulations against the financial industry that Obama and his merry Congress of nitwits plan to force against the system. I mean, doesn't regulation already exist? Bureaucracies have simply not been properly enforcing the existing regulations in the first place, so how is it that Obama and the Congressional Democrats can reason we need more regulations?
What good is more regulations to get control of an out of control industry that has not been abiding by existing regulations that haven't been enforced by existing agencies in the first place?
And remember, these people that want to run your health care, dictate to you energy usage, and wants to practically run the financial industry have bankrupted Social Security, has spent way more than they originally told us on Medicare, and caused the Freddie and Fannie collapse after swearing Freddie and Fannie was fine in 2004, and then when it happened blamed the same people that was warning them of the collapse after it happened.
-- Political Pistachio Conservative News and Commentary
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