A response to today’s congressional testimony of Treasury Secretary, Timothy Geithner, and Henry Paulson, former Treasury Secretary of the Bush Administration.
I don’t know about you but for me whenever I hear guberment officials tell a congressional committee member that more, tougher regulation is needed to make sure ‘NOTHING LIKE THIS EVER HAPPENS AGAIN!’, I want to puke. (burp)
Does anybody believe that with new, tougher regulations there won’t be any gaming of the system?
Alas and alack, there will always be those in positions of power who will find ways to game the system. I know we cannot legislate morality. That’s why RESPONSIBILITY and ACCOUNTABILITY go hand-in-hand. The bigger question is why no one is being held responsible for the mess we are in, governmentally. There’s plenty of blame to go around but, once again, we the people, are left as the clean-up crew for the unethical and/or corrupt actions of those in power who game the system. As long as there are no repercussions for bad actors on the American stage, we will continue on a path to becoming a Banana Republic with all its accompanying horrors.
The only way out of this steady decline of our once-great America is to produce people who are honest, have personal integrity, and are of a sound mind, able to lead honorably and with uprightness, with the greatest concern for the welfare of all Americans. This is the true solution for all our problems in and around government.
If you disagree, well,..