Thursday, May 3, 2012

Obama's October Surprise

Wall Street is bracing for an October Surprise from the Obama Administration in an attempt to bolster Obama's reelection campaign.  Apparently, many believe that there will be prosecutions for insider trading and going after hedge fund traders.   While this should occur if anything illegal is happening, why not start with Members of Congress that until just recently were allowed to practice insider trading to get rich.  As always, this Blogger asks the question, how does someone earning $174,000 a year, who is required to maintain two homes, end up as a millionaire after 10 years or more in office.  

Members of Congress have been feeding at the trough for years using every trick in the book to get rich; shady deals, improper use of campaign funds, hiring relatives,  relatives working as lobbyists, insider trading, etc. etc. etc.  Don't get me wrong, I support hard work that allows people to get rich.   That is the American dream.   However, we have many Members of Congress that are millionaires today that did not start out that way before entering Congress.  And, we have some Members of Congress that were wealthy before entering Congress that are much richer today. 

It is very rare that anyone in government is ever accused of wrong doing because they all belong to a club.   And, if they are accused of wrong doing about the only thing that happens, if it happens at all, is that they resign from government.   Other Americans would go to jail for doing the same things.   Apparently, election to office, or a government job is often a license to lie, cheat, or steal to get rich. 

It is the reason we need a Constitutional Amendment requiring Congressional Term Limits and far stricter over sight of govenment employees.   We need citizen politicians, as was intended by our Founding Fathers, not the politicians for life that we have today feeding at the trough.   This is true whether they are Socialists or Republicans because once elected they are all part of the club. 

So, Mr. Obama go ahead with your October Surprise; but why not really surprise us and also go after some of the crooks in Congress and in government.   You can start with Socialist Senate Majority Leader Dirty Harry Reid.   Old Harry has made a lot of money in shady real estate deals in Nevada.   And, Harry Reid's family members are making millions of dollars a year as paid lobbyists to lobby Harry Reid during Christmas dinner.  Go figure.  How else can Harry Reid afford to live at the Ritz Carlton in Washington DC. 

The corruption in Washington DC is legend and it is far worse than anything happening on Wall Street.   We just saw another scandal with government employees embezzling several hundred thousand dollars in tax payer money.   Washington was a swamp before it was drained to become our National Capital.  Today, it is still a swamp of corruption and greed. 

We have to put on our hip boots to drain the swamp that is Washington DC.   While it might be politically popular to focus on Wall Street and big oil companies, which is fine if there is wrong doing there, Obamanistas should also focus on their pals in office and government.   It will never happen because Obama is part of the problem; not part of the solution.  Obama has to go in 2012.

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