‘The most laughable aspect of all this insanity is that the Republicans contend that jobs will be created if there are major rollbacks to the nation’s system of regulatory safeguards. They of course, have no evidence of such a claim and can provide no data to support the point.
The Obama administration also sees through this nonsense and issued a statement earlier this week that said if the president was presented with REINS Act, that he would veto the bill.
It’s plain to pretty-much everyone except the proponents of Big Business that this is not about jobs, but all about the corporate bottom line.
So here’s a question to Mr. Boehner, Mr. Cantor and the rest of the time-wasters in Congress: where are the jobs?’
President Obama Speaks on the Economy December 6, 2011 (by whitehouse)
‘Now, just as there was in Teddy Roosevelt’s time, there’s been a certain crowd in Washington for the last few decades who respond to this economic challenge with the same old tune. “The market will take care of everything,” they tell us. If only we cut more regulations and cut more taxes – especially for the wealthy – our economy will grow stronger. Sure, there will be winners and losers. But if the winners do really well, jobs and prosperity will eventually trickle down to everyone else. And even if prosperity doesn’t trickle down, they argue, that’s the price of liberty.
It’s a simple theory – one that speaks to our rugged individualism and healthy skepticism of too much government. And that theory fits well on a bumper sticker. Here’s the problem: It doesn’t work. It has never worked. It didn’t work when it was tried in the decade before the Great Depression. It’s not what led to the incredible post-war boom of the 50s and 60s. And it didn’t work when we tried it during the last decade.’
~ President Barack Obama
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Wisdom in Equality
Love in Cooperation
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"By Being, It Is." - Parmenides
"Without music, life would be a mistake." - Friedrich Nietzsche
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"As far as we can discern, the sole purpose of human existence is to kindle a light of meaning in the darkness of mere being." - Carl Jung
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"If success or failure of this planet and of human beings depended on how I am and what I do... How would I be? What would I do?" - Buckminster Fuller
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