Keith nuttle wrote:
A Boater wrote:
Keith nuttle wrote:
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.


Yeah...that's the ticket...even less regulation than we have now.
I am writing my congressman are you?



Heheheh...I don't have to...

He and I both favor more regulation of financial markets, and close
regulation of nuclear facilities. We both favor expansion of the
existing nuclear facility in our area.