Eisboch wrote:
With all the attention given to the financial meltdown in the media, I see a
lot of finger pointing and blame being directed at various people for the
lack of government regulation. Even McCain, this morning, acknowledged
that some level of regulation is required.

Here's what I don't get:

Congress has oversight responsibilities covering a broad range of areas.
Congress is also the legislative branch of the government, responsible for
drafting, proposing and instituting laws and/or changes as required. The
executive branch then enforces the approved laws.

Why don't we see any members of Congress responding to this financial crisis
with any form of proposed legislation?
I see them casting blame for the situation on either current or past
presidents, but I haven't heard of any of them .... Republican or Democrat
actually doing their job and taking action as required in their job/office
responsibilities.

EIsboch




The current stock market slide started June 1, 2007, after it became
obvious that the democrats were going to concentrate their efforts for
the next two years on impeaching somebody, and doing nothing else. Was
anything accomplished in the First Hundred Days in which they were going
to change the world?

Check the History of the DJI

http://finance.google.com/finance?cid=983582

(Use the slide bars at the bottom to cover the period in question.)

If you are not happy with the democrats, start sending your complaints
to the proper people. Their contract information is at the following
websites.

http://www.senate.gov/general/contac...nators_cfm.cfm

https://forms.house.gov/wyr/welcome.shtml

If everybody who post a political comment to a newsgroup wrote instead
to their congress person, congress may realize that "Small Town Middle
Americans depressed by poor economic condition who are clinging to their
guns and God" are not happy with congress's performance.

Several month ago I started sending mail to all of my congressmen, and
have keep it up. I doubt it is completely me but some have decided that
off shore drilling is a good thing. Next get them to change the
regulations that were put in place to kill the nuclear industry.