Vol. 32, No. 16
August 22, 2016
Letters to the Editor
Congress’ Corruption
Regarding your article “Is Gridlock Really a Bad Thing” (July 18 issue), it’s important to realize that real gridlock — also known as checks and balances — is rare because of congressional rules, combined with unconstitutional spending. In his book Extortion, Peter Schweizer describes how both the Democratic and Republican Parties have set dues quotas for each member of Congress in order for them to be selected for a powerful committee assignment such as the House Ways and Means Committee or Financial Services Committee. Schweizer also states that the National Republican Congressional Committee posts the price tag for each Republican on a wall with a red marking to indicate those persons failing to make their quota. This perverse incentive program is likely to result in the more corrupt members of Congress ending up in the leadership positions.
Members of Congress have an incentive to sell their services to the K Street lobbyists in return for campaign donations so as to make their dues quota.
Per USDebtClock.org every taxpayer is in hock by $858,839 to the federal government’s Ponzi scheme for the federal debt, including the unfunded liabilities, as of July 2016. The Federal Reserve, with the help of the Treasury Department, funds the Ponzi scheme by essentially issuing a credit card with a floating credit limit, a limit Congress always hikes.
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