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The facts are this. Almost all of congress are wealthy.?
What does it tell us that some are willing to let their tax cuts go away to help the country and others are not?
That they can hoard the money better?
Maybe they are greedier?
3 Answers
- Mr. WizardLv 79 years agoFavorite Answer
Congress is too deep in bed with Corporate America; this alone is a very dire factor in America's economic damage. Sadly, there's not a whole lot we little common joe worker people can actually DO to stem this problem.
Congress ( and POTUS ) currently enjoys being the only ones allowed in the U.S., to insider stock trade with Wall St. stock markets; it's ILLEGAL by jail / prison time if any of us even try insider stock trading.
Congress passes laws that protect THEIR stock market shares---at OUR expense; you're a fool to believe this is soley a decades old, time honored Republican practice.....Democrats are VERY WEALTHY people too. Congress members spend great amounts of their daily time in office, "harvesting money", creating / angling near shady financial deals---many that border crossing legal lines....and a few that are out-right illegal.
Congress is a cozy club house who LOVES how Obama just "looks the other way"; as long as any one particular Congress member keeps his / her friends "happy"---no one really gets rocked in some scandal ( thrown under the bus or thrown out to the 'lions' ).
Can any POTUS actually stop the corruption going on? Logically: No. Name the one president who even tried---and look how it served him. HOWEVER.....a good POTUS CAN control and stem the corruption, keeping levels of it from damaging the U.S. economy.
Obama ( the purported Harvard degreed "Constitutional Law" graduate ) isn't doing the job people elected him to do---and I know he won't get the job done during a second term. THIS IS WHY I AM VOTING FOR MITT ROMNEY ( who has a VALID MBA DEGREE FROM HARVARD ) THIS NOVEBMER 6, 2012.
- JonnyLv 69 years ago
that they can spend the money better then the government can. I would rather donate to charity then support some fraudulent welfare check or medicare check of some guy that hides his dead relative in the freezer and not report the death so he keeps getting that check...who said it was the governments responsibility to take care of us in every aspect of life. Thanks for the roads, thanks for the police, thanks for the chance to eat when completely poor but calm the **** down, let me get a job and buy insurance so i can get the best medical treatment in the world.
Edit: look just cause they know how to make money and you don't doesn't mean you have to be jealous and vote to take it away. Somehow, someway, you increase taxes they will cut cost on their business to make up for it and cost usually comes from labor. So there goes the jobs smart one.
- ?Lv 69 years ago
The facts are this: until about 6 months ago it was LEGAL for members of congress to participate in insider trading. I repeat LEGAL. Of course they are rich, shoot if I was allowed to participate in insider trading I'd be rich as well.