Bi-Partisanship Makes Corporations Swoon.

Who said bi-partisanship is dead? Huh? Who said it? Well, I'm here to tell ya it's alive and well. And it lives in the U.S. Congress and the President. Yep, both houses of congress. And who is it that said our legislators aren't interested in jobs? Come on, speak up, who said it? Well, it's not true. Here, to prove it let me introduce you to the JOBS Act. It has already cleared the House and is set  to fast track through the Senate so the President can sign it into law. The correct and complete name for the bill is "Jump-start Our Business Start-Ups Act". Jump-start our business start-ups'? How does that create jobs is the question you're asking? Huh. That's an easy one. If they help new start-up companies to get going, those new start-up companies will need workers, which means jobs. Simple as that. Well, as you know, the devil is in the details. So what are some of the details here? Okay, for starters it begins to deregulate businesses. Wait, before you ask how that helps, let me explain. See, it eliminates safeguards for investors like not requiring companies to disclose  things like accounting and auditing practices among other things. Stay with me now. What this does is to allow the companies to use accounting to play with figures and audits to approve of those fudged figures. See, that way investors won't be able to figure out if the company is legit or a scam, which is why the safeguards were put in in the first place. Now why would Congress and the President all agree to this? Silly, it's an election year. So there are two very good reasons to vote in favor in a bi-partisan fashion. First the hope is that corporations will show their gratitude by donating to campaign and SuperPAC coffers and the second reason is that the acronym, JOBS Act, sounds like something the whole country can be thankful for. Especially since it won't cost the government a dime. The idea is that if these companies can "play" with accounting, investors will invest and the companies will grow and need workers. Of course, those companies who "play" with figures could just want the money with no plans to actually do anything but spend the investors money at the slots machines in Atlantic City, Los Vegas or Wall Street and who's to know? If 007 had a license to kill, this is a license to steal. And Jobs? Who knows? Maybe there will be some jobs created as a result of this, but here's the thing, if a company is legitimate, then wouldn't sound accounting practices show that? And wouldn't that be incentive for investors to help the company get going? Apparently not. The only way to get start-ups going is to allow them to cheat.
Following that principal, I'm a start-up too. Wanna invest?