Securities And Exchange Commission

Rick Perry’s Assault On FDR’s New Deal: Unconscionable!

The last time that a major party Presidential candidate went after the New Deal of Franklin D. Roosevelt with such zeal as Texas Governor Rick Parry has done in his recent book and during his presidential campaign was Arizona Senator Barry Goldwater in the 1964 Presidential campaign, and anyone who knows political history knows that Goldwater suffered the worst percentage defeat ever to Lyndon B. Johnson, who went on to expand and improve on the New Deal with his Great Society.

Hopefully, the same scenario will happen if Rick Perry is Barack Obama’s opponent, and we will see Obama improve on Lyndon B Johnson, which he certainly has more than anyone since then, certainly more than Jimmy Carter and Bill Clinton!

Perry not only has called Social Security a “Ponzi scheme”, even though it has always paid out for 75 years, and is well funded to 2037, and only needs a little tinkering to sustain itself into the long range future, similar to what it received in the famous Ronald Reagan-Tip O’Neill deal of 1983.

Perry also criticizes in his book “Fed Up”, published last year, all of the government agencies created during the New Deal, including three public works agencies that created worthwhile jobs during the New Deal (the Civilian Conservation Corps, the Public Works Administration, and the Federal Emergency Relief Administration); the nation’s agency to watch over the stock market and Wall Street (the Securities and Exchange Commission); an agency which took the American South out of dire poverty and provided electricity, which private enterprise had not done (the Tennessee Valley Authority); an agency started by President Herbert Hoover to help keep business afloat during the Great Depression and continued by FDR (the Reconstruction Finance Corporation); an agency which helped keep farmers going during the worst times in agricultural history (the Agricultural Adjustment Administration); and also a denial by Perry that the New Deal lowered the unemployment rate, which in actual fact went from 12-13 million at the beginning of 1933 to a little over 6 million in 1939!

Perry has utilized misrepresentation and misconceptions, and pure lies and demagoguery, while forgetting his own poverty stricken past! Is there anything worse than pure hypocrisy and deception in the name of his corporate masters, who support his campaign for President?

The Work Ethic And Ethics Itself In Crisis In America!

When the news emerged regarding the 33 employees of the Securities and Exchange Commission who spent all of most of their time at work surfing the Web for pornography, some for eight hours a day on the office computer, it really brought to reality the fact that this is just a symptom of what is really wrong with America in the 21st Century!

Of course, it is wrong to put the onus on the thousands of employees of the SEC who do their job with professionalism and commitment every day! But the thought that highly trained professionals, many of them attorneys, would act so disgracefully at the work place, is extremely disturbing!

This is just a symptom of the tremendous collapse of the work ethic, as well as ethical standards themselves, which has in all walks of life become a growing menace to the future growth and advancement of American democracy!

Whether it is government, business, medicine, the law, religious institutions, education, social service agencies, the media or anything else, the trend has been toward greater numbers of people failing to meet their responsibilities at work and having low ethical and moral standards in the way they interrelate with others!

If we do not regain the high standards that made America great, then we may be witnessing the permanent decline of the American way of life, and that is something that should alarm everyone who cares about the future of this great nation! 🙁