Thursday, December 18, 2014

Recent Executive Decisions

Just to take us back a little bit. I had little to say when President Obama struck a bargain with the Chinese about regulating greenhouses gasses. And I didn't say anything about the immigration conflict. And I had less to say about the budget agreement reached between the White House and Congress. And I won't express much of an opinion on normalizing relations on Cuba. And there's good reason. I agree with most of his actions.  

That is with the exception of the budget agreement. It pisses me off big time that in order to keep the Government going for one more year, President Obama traded away Dodd/Frank, and cut funding to the IRS and the EPA. 

Dodd/Frank is not perfect. Under this law, the too big to fail banks grew bigger. But without Dodd/Frank, the same banks will be allowed to continue selling the same faulty loans and mortgages that was a major cause of the financial crash of 2008. It was suppose to stop the Government from bailing out Wall Street again. 

It made me mad that the President agreed to cut to funding to the IRS, just simply because our infrastructure is deteriorating. How the hell can we raise bridges and fill in potholes with less money?  

And without money to the EPA, how do we put into effect those hard fought measures towards a greener society? Breathing clean air is not a luxury. 

The thing America's business leaders must figure out is that we will never run out of ways to make money as long as we continue to move forward.

Now for the other things President Obama did by executive orders? Ha! It was almost fun watching all those Republican heads explode. Obama keeps this up, he won't be remembered for all the good he did with the Affordable Care Act. He'll be remembered for all the good he did by executive order while he was a lame duck.

No comments:

Post a Comment