America In Peril

America In Peril

We have become so incensed at acquiring cheap Labor, goods, medicine and toys that we expose our citizens dangerously just to save a buck. I am thoroughly convinced when the word deregulate is mentioned in the government it is synonymous with thievry. The congress voted to deregulate the drug industry in purchasing active ingredients for our medicine and we find out that they went to china for cheap ingredients. China gave us anti freeze as the active ingredient for a blood thinner called heparin that killed 95 people in the U.S. and guess what we are still purchasing the same goods from china, a spokesman for the drug industry said that it is much cheaper than when purchased in the states and that the F.D.A. needs to do a better job in it's analysis  of medicine. This is the same country that sold us toys for our children laden with mercury and diseased cat fish. And they are on the most favored nation trading partners list.

Congress also voted to deregulate the financial institutions so that we would have a free market system and now we discover that it is only free as long as the investors are making a profit and when that cease it becomes the responsibility of the tax payer to bail them out. We find out that both Fannie Mae and Freddy Mac are failing financially and the federal government has to put up billions of dollars to bail them out of a bad management situation, but now we find out that the head of Freddy Mac will receive a salary this year of 19 million dollars even thought the institution can't cover all it's obligations. Now we know that deregulations or no rules to the game end up in chaos