Tuesday, May 28, 2013

The Incapable Party and the Obstructionist party

With Congressional approval now somewhere between 8 percent and 20 percent we can all now see why I call our non-existent 2 party system the Incapable Party and the Obstructionist Party. And it doesn't really matter now which party is in power because the names are now interchangeable depending upon who is in power.

What makes our system this dysfunctional? I would say the last 10 years or so it has been our lobbying system, the Supreme Court getting involved in the Election in 2000 against the will of the people, and various other facts.

However, if you want to look at it most simply what made it this way it is legalized worldwide gambling in the form of the U.S. Stock Market and other stock markets around the world. If you will notice the U.S. Stock Market has never been higher. But, most regular people are afraid to invest in the stock market because there are no longer Glass Steagall provisions in place which would protect both the small investor and banks from collapsing from being too big to fail like it is now.
  1. GlassSteagall Act - Wikipedia, the free encyclopedia


    The GlassSteagall Act is a term often applied to the entire Banking Act of 1933, after its Congressional sponsors, Senator Carter Glass (D) of Virginia, and ...

    So, who benefits the most from the Incapable Party and the Obstructionist party? Not the 90% of the people who aren't rich in the United States and around the world. 

    So, I'm writing this because it appears as if since 2000 we have lost our system of governance that worked since 1776 ongoing. I hope I'm wrong and that there is some way to get back to the great system we had going from the Glass-Steagall Act in 1933 until it slowly was dismantled by Reagan, the two Bushes, and Clinton. And unfortunately it is impossible to re-enact while the Incapable party and the Obstructionist part (interchangeable according to which party has the presidency).

    If you look at this from the point of view of the richest 10% in the world, in some ways things have never been better for them (at least in regard to the stock market) because it is going up through the roof for now. The problem with this thinking is the 90% who are not benefitting in any way, shape or form from this present system. 

    The problem is: Things cannot stay as bad as they have been forever. Yes. Our U.S. economy is better than most others. But still college graduates are having to leave the U.S. to teach English in foreign countries just to be able to pay off their student loans. So, our best and brightest are being forced to leave our shores and not benefit the U.S. after learning and studying here. This kind of thing just isn't sustainable. So, the American people have to find a way to end the interchangeable Incapable party and the Obstructionist party before we have our own French revolution here in the U.S. started by the unhappy masses of people who can't earn enough money or get a job that will actually sustain them and their potential children.

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