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July 02, 2014


Who Is To Blame for the Worst Congress Ever?

Barry Ritholtz: "I am troubled by the unrelenting incompetence of the U.S. Congress. Its inability to pass even the most basic legislation is beyond baffling."

"There are three groups to blame for the gross dereliction of duty we have seen from this do-nothing Congress. The first, paradoxically, is the Federal Reserve. Its monetary policies have allowed some small measure of recovery, giving cover to Congress's failure to manage our fiscal policies.... The second group is the Supreme Court. Its campaign of replacing our Jeffersonian democracy with a corporatocracy -- sponsored by and sold to the highest bidder -- continues unabated... But the group most to blame for the sad state of Congress is you, the American voter. Or, more accurately, the American non-voter."












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