By: Bill
That would be a good campaign theme for the person that runs against Barack Obama in the 2012 Election.
America can’t stand much more of what is happening in Washington D.C. After 8 years of do nothing George Bush and 8 years of Slick Willy, Bill Clinton it’s a miracle we have anything left. America hasn’t had a decent President since Ronald Reagan.

The events that unfolded last month convinced me that we are headed down with no hope of recovering. We have a disaster in the Gulf of Mexico that will devastate the economies of all the Gulf States, not to mention the Gulf of Mexico can be renamed the Dead Sea II. Our President isn’t the least bit concerned in stopping the BP oil spill; he only sees it as an opportunity to create New Taxes and an opportunity to campaign on how bad the Big Oil Companies are, just like he has beat up the Big Bad Banks and all the Fat Cats on Wall Street.

The most disturbing thing that happened during the Merry Month of May 2010 was the News on May 5th, that during the Fall 2008 Banking Crisis, Senators & Members of Congress were leaking classified information to hedge fund managers. The May 5th News only lasted one day, it was swept under the rug and a complete investigation was put on hold until after the upcoming fall elections. On May 6th there was a 1000 point flash crash in the stock market that only lasted 15 minutes, but cost some people their life savings. The SEC hasn’t found the cause of the crash (no big surprise) since they are the branch of the Federal Government that’s in charge of finding fraud…….Bernie Madoff ran a Ponzie Scheme for 20 years and the SEC never noticed he didn’t own one single share of Stock nor had he traded one penny out of the 50 billion dollars he stole from investors and charitable trusts, so it’s no big surprise that the SEC will never find out who manipulated the flash crash on May 6th.

Back to the big story, the insider trading that Members of Congress & Senate are accused of. Remember Martha Stewart going to prison. She was convicted of insider trading. Having advance knowledge of an event that the General Public didn’t and she profited from it. Martha was found guilty and spent time in prison. What she did was wrong but very small in comparison to what is happening in Washington. Martha owned $ 50,000 dollars in stock of a company, heard some information from her Stock Broker that would cause the price of the stock to fall when the public found out. Martha sold her shares of stock before that happened. Here Stock Broker testified against her and she went to Jail.
During the fall of 2008 when the banks were failing and we came within hours of having a run on the banks, many members of Congress & Senate were leaking information and making Billions………and an investigation isn’t going to take place until after this falls elections.

America went into the biggest Recession since the Great Depression of the 1930’s and we almost took the rest of the World down with us. We still aren’t in very good economic health, just better than the rest of the world, or have everyone else fooled into thinking that. Unemployment is 10% and if you factor in those that aren’t counted the number would be closer to twice that. We have a Government (Democrat & Republican) this isn’t a party issue……..the entire Government is only concerned with how many new taxes they can come up with and how they can personally profit from it. Comments and News Events from the White House have stopped the recovery in its tracks, sent the stock market falling and slowed the recovery. Statistical numbers being released from the government are wrong or manipulated then revised later, events that cause wild daily fluctuations in the Stock Market.

I find all of this puzzling and I’m not alone, personally I think that a small group of very sophisticated traders (mafia) currently have control of Washington D.C., our President is not the leader, just darn good at drawing attention away from what is really happening.