Saturday, April 23, 2011

Department of Redundancy Department

I don't know how I've made it through this week. I swear that it is just one more ridiculous things after the other that I keep hearing about. I'm going to need to start posting videos of cute little kittens if this keeps up. Today's exercise in futility is President Barry's newly formed Fraud Squad.

See, President Barry decided that it was about time that someone look into why gas prices are so freaking fracking high. And according to the Huffington Post "...President Obama unveiled a new working group to combat any fraud or manipulation in the oil and energy markets that may be contributing to near-record gas prices." Uh-huh. Hey. Wait a minute.

Are you telling me that we don't already HAVE something like that in place? I could have sworn that we did. We have the Commodities Futures Trading Commission, but it's hard to tell what their role actually is. Apparently, they're supposed to see if "...Wall Street speculation was helping drive up oil prices". I'm not quite sure why they need a commission for that, as I could tell you that it most likely has a lot to do with it. After all, isn't that kind of what happened just a few years ago when we were in a very similar petroleum predicament? But get this: Even if that is the reason why gas prices are going higher, the CFTC has "...not yet issued key regulations intended to rein in Wall Street gambling on food and energy prices." Which kind of begs the question, "What in the hell are you people freaking waiting for?!"

Hard to say. And for some reason, President Barry thinks that his new Fraud Squad (I don't even know if it has a real name, but that's what I'm calling it because who doesn't like a rhyming name?) is going to get to the bottom of things. As far as what their duties are supposed to consist of, let's see...oh. Here we go. According to the above cited article, completely useless Attorney General Eric Holder, "...who is in charge of the new inter-agency taskforce, specifically instructed members of the new taskforce in a Thursday memo to look into "the role of speculators and index traders in oil futures markets". Well. That sounds like something. Wait a minute. Why does that sound familiar? It's almost as if someone was already in charge of doing the thing that he specifically told the NEW Fraud Squad to look into. OH, that's right. That's because that is "...something the CFTC is already required to do".

Oh, you have GOT to be dry shaving me.

Look, I realize that I may be a little worked up here, but if there is already something in place to do something, why would you make up a completely new thing to do the same damn thing that is already supposed to be being done?! Are the people who are on the CFTC incapable of doing their job? If so, don't build a whole new commission! FIRE THEM! And all of this the day after President Barry saying that the first thing that he wants to cut is government waste. I don't know about you, but to me, having two departments that are doing the exact same effing thing is government waste. It's certainly pointless.

I know several people in the private sector who have taken on the duties of at least two employees WITHOUT a raise because their company was making cutbacks. Also, I know several people in the private sector who feel like their ass is constantly on the chopping block if they can't get done the things that they're supposed to get done. How about, instead of forming the Fraud Squad, if Eric Holder and his moustache tell the CFTC to get off of their collective arses and start looking into things. And setting some new regulations to help reign in all of this wouldn't hurt either. Way to go, President Barry. Well, at least he's consistent. Consistently doing nothing. Is it November yet?

Stumble Upon Toolbar Sphere: Related Content

No comments: