The American Dilemma and How We Can Fix It

Posts tagged ‘Maria Bartiromo’

QUOTE OF THE DAY–11/29/12

In an interview with Rep. Charles B. (“Charlie”) Rangel  (D NY 15th District), CNBC co-hosts Bill Griffeth and Maria Bartiromo got very little new information regarding the discussions on the “fiscal cliff” from the 82 year old congressman.  Ms. Bartiromo suggested, in much the way the Roman Catholic Church’s College of Cardinals deals with electing a new Pope that, “they should lock them all in a room until they work out a deal.”

The two anchors went on to observe that the parties involved seemed to be talking past rather than with each other.  It was obvious that the amount of non-information which Rep. Rangel and Senate Majority Leader Harry Reid had provided earlier was frustrating – which led Ms. Bartiromo to utter the quote of the day:

“Why are we paying these people?”

Now that’s a question for the ages.

Rep. Rangel has been a long term representative of the district seat that was formerly held by Adam Clayton Powell, Jr. who spent more time at his place on the island of Bimini than in the House of Representatives where he might have done some good for his Harlem constituents.

Rep. Rangel has had his own problems.  Beginning in 2008 he came under investigation by the House Ethics Committee which focused on his improperly renting rent-stabilized apartment units he owned and for failing to report income he received in renting out his villa in the Dominican Republic.

Because of the investigation, in 2010 he was forced to resign his Chairmanship of the powerful House Ways and Means Committee.  (That’s the one that determines who and how much taxes we are all going to pay).  He was convicted on 11 of these charges and the full House approved a “sanction of censure” against the Congressman.  (N.B.  The Congressman never vacated his seat owing to these convictions and was again re-elected to another term in the November 6th election).

With people of this moral caliber integrally involved in the question of taxation and reducing spending, is it any wonder that we are at the precipice of a financial disaster?  Is there anyone out there who does not now understand why our official debt now stands at $16 Trillion?  Is there any rational person who would dispute Ms. Bartiromo’s question:

“Why are we paying these people?”

Tag Cloud