Derivatives, Derivatives, Wherefore Art Thou.

Well, the McChrystal controversy is over and by all counts the President made the right choices. So now it's the Congress's turn. They'll be holding public hearings on regulations for the Derivatives market. As you'll remember, derivatives are the secret deals done behind closed doors that caused the financial industry to nearly go belly up. It was deals like bundling toxic mortgages and then telling buyers it was a good safe investment. Ya know what? If I did that, or even if you did that, we'd go to jail. So the government wants to put regulations on it. Now the word "regulation" is a word that sends the financial industry into orbit. It's like sending a cobra into a pen with half a dozen mongooses. The mongooses are immediately going to try to kill that thing. Well, Wall Street and the Banks all want to kill any talk about regulating them. They're like a wide open cowboy town and they don't want no sheriff a-comin into their town and spoiling all the fun. They've been working on it the way they do best, secretly. Now, with public hearings, you may well see them fighting it more publicly, the way they do best. By paying, oh no, I mean giving profusely, to the campaign funds of Congressmen and Senators. and then lobbying those Congressmen and Senators. Now for you folks that don't know what lobbying means, it means strong arming. Which means threatening to withdraw financial support and giving it to whoever runs against the Congressmen and Senators, and getting their other Congressmen and Senators to turn their backs on them if they don't comply with the wishes of Wall Street and the Bankers. I'm all for letting your Congressman and Senators know how you feel about something, but let's face it, giving millions of $$$ isn't quite the same, now is it? But the Supreme Court in all it's wisdom decided that giving money in almost any amount is, now get this, FREE SPEECH. Give me a break.