A number of Democrats in Congress have received a free ride despite behavior that many of us consider unethical perhaps even illegal. As a taxpayer, I’m pretty disgusted with the double standard for ethics. Why do Democratic senators and representatives get a complete pass from media? Maybe it's because traditional journalism really is dead. There are a number of questionable situations involving senators and representatives, but no one's asking questions and many of the most questionable culprits are keeping key committee assignments.
Entries in Schumer (4)
If the economic news is blowing your mind, rest easy. We’re electing a new president and one candidate’s main focus is the economy. It’s the election, stupid.
If you didn’t catch Uri Dadush, director of the Economic Dept. of the World Bank this morning on CSPAN, go watch the video right now. Advance it to around 24 minutes and listen—Dadush said a best case scenario for the US economy is a “relatively mild slowdown.” Dadush also noted the stock market is a balance between “greed and fear.” Right now, courtesy of 24/7 news cycles and media’s love affair with a charismatic Democratic candidate, all you’re hearing about is fear. Dadush backed his statement up with facts.
During the Presidential Debate at Belmont University (Tenn.), Sen. John McCain (R-Ariz.) called Fannie Mae and Freddie Mac the “catalyst” for the economic meltdown. It’s my opinion McCain is right and Congress is abandoning its duty in investigating these Government Sponsored Enterprises (GSEs). I believe Congress is doing that purely for political purposes—otherwise why would they start hearings with corporations before cleaning up the US government body that created this problem in the first place? And not much has changed; it's amazing lenders haven't learned a thing. Watch the video at the end of this post and a light bulb should go off in even the most basic brains.
Senators like Chris Dodd (D-Conn.), Chuck Schumer (D-NY) and others have jumped into the economic bailout fray, so it’s worthwhile to take a walk through time for a few US economy highlights. Should Sen. Barack Obama (D-Ill.) win the presidency, Schumer and Dodd are just a couple of the politicos who will enjoy a hefty amount of power in our government. I’m tossing in highlights of a few more political players as well. As a taxpayer, I think we could do some housecleaning come November. Sen. John McCain (R-Ariz.) is the incumbent for the president's party, but Obama is the incumbent for the majority party in Congress. Let's start our highlights with a Schumer memory.
• When Schumer sent a letter in June to regulatory agencies