Many faces of the GOP

Are You Better Off
The South went Republican for Goldwater in the sixties in response to the Civil Rights Act passed by a majority Democratic Congress. It is time for us to get over it. It is time for the South to return to its Democratic roots in response to the economic crisis that the Republicans have slammed us with. We are just now entering the worst economic crisis that this country has confronted since the Great Depression! It will get much, much worse soon!
Top 10 States with Highest Poverty Rate, 2005-2006 1. Mississippi   21.1%; 2. District of Columbia; 3. Louisiana 19%; 4. New Mexico 18.5%; 5. Arkansas 17.3%; 6. West Virginia 17.3%; 7.  Kentucky 17%; 8. Oklahoma 17%; 9. Texas 16.9%; 10. Alabama 16.6%( the percentage by each state is the percentage of states population in poverty)
Are We Better Off?

Lack of Control, Regulation, and Policy by the Bush administration has led to the following;
Interior Department Secretary Dirk Kempthorne (appointed by (George W. Bush) promises reform in the wake of report on Interior’s Minerals Management Service Investigation. Investigators painted a sordid picture last week of drug abuse, illicit sex, conflicts of interest and illegal million-dollar contracts at an Interior Department agency. And some of the worst offenders may go unpunished.  Was Dirk Kemphone asleep at the wheel?

FDIC Sheila C. Bair Chairman (appointed by George W. Bush) Ben Bernanke Chairman
Federal Reserve System both charged with control, regulation and policy of the Banking system yet we have a rash of Bank Failures and Bailouts.  Were they asleep at the Wheel?

Secretary of Treasury Henry M. Paulson, Jr. (Appointed by President George W. Bush) responsible for Control, Regulation and Policy of the U. S. Financial System did not fulfill his Duties.  Secretary Henry M. Paulson and Secretary Ben Bernanke called for the Bailout of Bear Stearns the nation’s fifth largest investment bank the Fed put up $30 billion to guarantee Bear Stearns’s riskiest investments.  Were they asleep at the Wheel?

You get the drift those who were appointed by President George W. Bush have not acted responsibly to protect the U. S. Financial Systems.

The Blame for the economic problems facing the U S. Government clearly lies with President George W. Bush and those that he appointed to Control, Regulate and formulate policy.  Do we want 4 more years of this?

Lack of Control
The following are mandated to enforce policy, enforce regulations and maintain control of the financial system of the United States.  With the increase in Bank failures/bailouts, bailout of Investment banker Bear Stearns, and the bailout of Fannie Mae and Freddie Mac, we must wonder why these failures are taking place. The Treasury cannot continue to hemorrhage the nations wealth indefinitely, its time for accountably from those that are mandated to enforce policy, enforce regulations and maintain control of this nations financial system.
All members of the Board of Governors have taken office during the presidency of George W. Bush . The sitting Board members by Board are listed below.

Board of Governors of The Federal Reserve System
Ben Bernanke Chairman
Donald Kohn Vice-Chairman
Frederic Mishkin
Kevin Warsh
Randal Kroszer
Elizabeth A. Duke
Vacancy

Federal Deposit Insurance Corporation
Sheila C. Bair Chairman FDIC
Martin J. Gruenberg
Thomas J. Curry
John C. Dugan
John M. Reich

Office of the comptroller of the Currency
John C. Dugan

National Credit Union Administration
Michael E. Fryzel Chairman
Rodney E. Hood Vice Chairman
Gigi Hyland Board Member

Office of Thrift Supervision
John M. Reich Director
Timothy T. Ward Deputy Director Examinations, Supervision and Consumer protection
John E. Bowman Deputy Director Chief Counsel
Wayne G. Leiss Chief information officer and Chief Financial Officer
Barbara L Shycoff Managing Director External Affairs
Robert W. Russell Counsel to The Director
Sharon L. Stark Senior Economic and Policy Advisor for the Senior Deputy Director
Thomas A Barnes Central Region Director
Darrell W. Dochow West Region Director
Michael E. Finn Northeast Region Director
C. K. Lee Midwest Region Director
John E. Ryan Southeast Region Director
Frederick R. Casteel Ombudsman