Sunday, December 14, 2014

Are You Ready For the Change?

Hi Everyone,

By the results of last months elections, the GOP will gain control of both houses of Congress. My question to you today is, are you ready for the change? What change? Hopefully you are aware of some of the changes that have already occurred.

The first 2 changes have already happened with the passing of the $1 trillion spending bill that will keep the government running for 1 year. I can't believe what compromise now looks like. The first "compromise" with the spending bill means that the GOP, at the last minute, demanded and got a rollback of a regulatory provision of the 2010 Dodd - Frank financial services overhaul that was intended to shield taxpayers from future risks from complex financial trades. So many tens of millions of people were upset with the amount of money the American taxpayer had to pay to bail out big banks and AIG after the 2008 collapse of wall street. AIG has still not repaid all the money it got and is now suing the government. So instead of keeping some form of protection for the taxpayer, the GOP sees fit to allow big banks and wall street to again do highly risky investments; knowing full well that if they screw up again, the American taxpayer will AGAIN bail them out. This isn't fair is it? This rollback no longer protects and favors us, the taxpayer, but rather, this rollback totally favors the big banks and wall street. Now they will have carte blanche to invest in whatever risky investments they can cook up. Thanks GOP.

The second, last minute "compromise" that the GOP added, I mean demanded to the spending bill, is to GREATLY raise the amount of money private donors can give to fund political conventions, (from thousands of dollars to millions of dollars). Money rules again for the GOP. People and corporations, (which per the Supreme Court says are people too), with the huge bucks will be the ones who will then run and steer this country per their greedy vision for their benefit and not for the benefit of the American people. Again, thanks go to the GOP.

So with these first two changes, so sorry, I meant to say "compromises" forced on us, isn't it painfully aware that the GOP really represent its benefactors, i.e.: big business and people, (and corporations) with big money and not the rest of the 99%? There is no other explanation. The path of what they want to do is clear and Americans voted for it?!

The GOP has less then 2 years to prove that they can lead or they will not win the White House in 2016. Well, the first 2 "compromises" don't bode well for the GOP and I foresee much worse things coming to Americans in the next 12 to 18 months. The questions is how much the American voter will take, before the GOP receives a huge defeat in 2016. By their owns actions, the GOP has proven once again that GOP really means, Get Out Peons! We have been warned!

Til next week.

Peter

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