1 min read

Congress Sucks

While I have been critical of the Federal Reserve (especially the Greenspan years), my beef with them has been their judgment and decision-making process. Congress, on the other hand, is a whole different matter. Its not their judgment, but rather, the fact they are owned not by the American people, but by lobbyists, and corporate interests. They have become structurally deformed.

via Federal Reserve vs Congress: Lesser of Two Evils ? | The Big Picture.

I will have more on this topic throughout the week. This crisis has been more instructive about the weakness of congress than anything else, and it really bothers me.