Wednesday, June 4, 2008

Another reason to stop McCain and his buddies:
John McCain's Gramm Gamblehttp://www.truthout.org/article/john-mccains-gramm-gamblePatricia Kilday Hart, of The Texas Observer: "The GOP presidential nominee is relying on the ex-senator who helped bring you the mortgage crisis and Rick Perry. In the early evening of Friday, December 15, 2000, with Christmas break only hours away, the US Senate rushed to pass an essential, 11,000-page government reauthorization bill. In what one legal textbook would later call 'a stunning departure from normal legislative practice,' the Senate tacked on a complex, 262-page amendment at the urging of Texas Sen. Phil Gramm. There was little debate on the floor. According to the Congressional Record, Gramm promised that the amendment-also known as the Commodity Futures Modernization Act-along with other landmark legislation he had authored, would usher in a new era for the US financial services industry."
I cannot believe how stupid our congress is sometimes. Either that or laziness? this is also how the Patriot Act was passed, because it was too thick to read, supposedly. This is the future we can expect if we elect this man. More of the rich getting richer with policies like this. The divide between the wealthy and the poor will increase. Jobs will leave at an even more alarming rate. They will then have a general population that will be willing to work for third world wages, which is what they are striving for. They will break unions, and rewrite existing work conditon laws. But everyone will be expected to continue to contribute to the stock market via there 401K which will be mandatory.