Fools on the Hill

It is unfortunate that as we are apparently in a grave financial crisis that politics and finger pointing appear to rule the day.

As far as the Bill itself, I am quite torn on it as it goes against my beliefs on how a capitalist system should operate, but I do recognize the role of Government in emergency situations, which due to the current locking of credit, it appears we are in. I subscribe to the Kudlow creed that "free market capitalism is the best path to prosperity".

Setting a fine example was Senate Majority Leader Harry Reid (D:NV), who on Friday got out three sentences before bashing President Bush, while CNBC's John Harwood, not that the media could be left out of Bush bashing, keeps praising Obama and bashing McCain, with his cheerleading substituting for empirical evidence. Speaker of the House Nancy Pelosi (D:CA) unleashed levels of partisanship rarely seen during a time of crisis, cementing her lack of leadership skills.

Quite obviously, there is bipartisan blame for this debacle, and regrettably, President Bush does not escape it. But a closer look at the players is needed at this time as election decisions are made. Since the media won't keep you up to speed, here is some evidence for your review on who the responsible parties are in this mess.


Over the next week, I will be calling out the culprits. In the meantime, chief among those who need to resign immediately is Rep Barney Frank (D:MA), Chair of the House Financial Services Committee. Before I get around to torching him, it should be known that due to a religious holiday for him on Tuesday, he will not be available for the peoples work even as we supposedly face a crisis of generational and catastrophic proportions. Just great, I am not available and call me if you need me! What leadership!