Politicians share many of the same skills as magicians. They both use psychological misdirection by making big gestures to distract and fixate spectators, while quietly performing their tricks.
A good example of this is the House and Senate agreeing to raise the budgets for the Commodities Futures Trading Commission and Securities & Exchange Commission in exchange for quietly repealing the Lincoln Amendment to the Dodd Frank financial regulation law.
The action looks like more money for tougher regulation, but eliminating the Lincoln Amendment means American banks are once again free to use taxpayer money to back-stop their speculative derivative trading.
Latest posts by Carol Adl (see all)
- GOP Lawmaker Joe Barton Apologizes For Leaked Nude Photo On Twitter - November 22, 2017
- Secret Document Hid The Truth About EU From The British For 30 Years - November 22, 2017
- Family Want Answers After Founder Of “Unlocking Autism” Found Dead In Canal - November 22, 2017