Bush's New Financial Fix

I heard on the news this morning a review of the pResident's new plan to fix our financial system. The announcer (I didn't catch his name) was of the opinion that jamming all the agencies that now do rules and oversight into one big agency won't do anything to repair the mess we're in, and won't do anything to prevent our sterling financial industry from doing it all again (hell, they made enough on this mortgage mess to make them hungry for more...).

Iowa Democrat Tom Harkin, the Senate Agriculture chairman weighs in:

"Merely attempting to paper over the crisis by little more than a change in the structure of the bureaucracy in Washington doesn't come to grips with the reality and the gravity of the situation."(emphasis mine)

Packing all those agencies into the unfortunately named Homeland Security Department didn't do shit for our security either. It only delivered all the FEMA funding into the hands of spendthrifts and fools.

They've done it before, and they have good reason to think they'll get away with it again - smoke and mirrors, and more busywork from the Moron in Chief.