Sunday, October 5, 2008
Above the Law
Democrats call loudly for more regulatory oversight and transparency and blame the Bush administration of failing to protect the American taxpayer. More oversight and transparency, by the same people who brought you affordable housing for those who should be renting instead. More oversight and transparency by the same people who neglected their own responsibilities. More oversight and transparency by those who enabled and participated in personal financial gains that have made the public irate. Democrats, Barney Frank, Chris Dodd, Chuck Schumer, Franklin Raines, Jim Johnson, and a host of others that over many years denied, obfuscated and simply lied, misled everyone.
And now the same A**holes are left to manage the early Christmas present approaching one trillion dollars. This number is so large that every man, woman and child in the United States could receive a lump sum payment of $3,000. And estimates are that the actual cost will be higher still. And yet, Dems with the help of the MSM, are fixing blame on Bush and the Republicans as being responsible since this debacle happened on their watch.
Where are the investigations? Why aren't House Chairmen being told to step down from their responsibilities while investigations proceed? Why do people like Franklin Raines get to plea bargain? They should be in jail. What smart bureaucrat allowed him to get away with a plea bargain that left him his millions while giving up worthless stock options, paying a miserly fine, and walking away with his freedom?
How many news reports describe those managing the markets, corporations, banks and government as "the smartest," the best of the Street, etc. Well, being smart is one thing. Being smart and arrogant is another completely different thing. Call them miscreants. Rascals. Wizards. Creative. I call it criminal. And when those doing the deeds walk away with golden parachutes and/or plea agreements, justice is not done. The key word which seems to have grown out of favor in recent decades is accountability.