On Tue, 16 Sep 2008 22:15:56 GMT, Valgard Toebreakerson
wrote:

On Tue, 16 Sep 2008 11:38:08 -0400, "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.

Here 'ya go....

And guess who it all relates back to.

Two guesses - one doesn't count.

Starts with C and ends with N.

http://hotair.com/archives/2008/09/1...credit-crisis/

Today Hannity read a portion of a speech made to the Senate in 2005 by John
McCain. In the speech McCain notes the lack of oversight of the Maes and
Macs and basically predicts the mess that we're in now.

I wish I could find the speech, but I've not been able to. Perhaps one who
is quite astute, such as yourself, Mr. Toenail, could do so.
--
John H.