Who and What Are To Blame for Uncle Sam’s Imminent Shutdown?

With the government mere hours away from an imminent shutdown, I commented over the weekend that a small proprietor would not run his hot dog stand in such a fashion.

Yet here we sit — with Uncle Sam sticking his mitt ever deeper into our pockets — faced with the prospect that the puppets in Washington on both sides of the aisle are incapable of managing our affairs not only to avoid a shutdown but to actually run things in a professional fashion.

So the questions beg: will Washington ever be able to regain a degree of statesmanship in running our country; are we to be faced with this same sort of pathetic gamesmanship every year; do they even really care?

From my standpoint, the ongoing “game of political chicken” on display currently is indicative of a corrupted body politic and a nation in fiscal and political decline.

This may make for interesting political theatre but it is no way to run a country; although pols on both sides who line their own pockets with both real and subtle payoffs find themselves conflicted when forced to address their lowest priorities, those being the interests of the general public.

Might the Dems in Congress offer to repeal their own special treatments/kickback/payoffs so as not to be subject to Obamacare as a means of averting this shutdown?

To those who visit here, I ask you, “who and what are to blame for Uncle Sam’s imminent shutdown?”

About Larry Doyle 522 Articles

Larry Doyle embarked on his Wall Street career in 1983 as a mortgage-backed securities trader for The First Boston Corporation. He was involved in the growth and development of the secondary mortgage market from its near infancy.

After close to 7 years at First Boston, Larry joined Bear Stearns in early 1990 as a mortgage trader. In 1993, Larry was named a Senior Managing Director at the firm. He left Bear to join Union Bank of Switzerland in late 1996 as Head of Mortgage Trading.

In 1998, after 15 years of trading and precipitated by Swiss Bank’s takeover of UBS, Larry moved from trading to sales as a senior salesperson at Bank of America. His move into sales led him to the role as National Sales Manager for Securitized Products at JP Morgan Chase in 2000. He was integrally involved in developing the department, hiring 40 salespeople, and generating $300 million in sales revenue. He left JP Morgan in 2006.

Throughout his career, Larry eagerly engaged clients and colleagues. He has mentored dozens of junior colleagues, recruited at a number of colleges and universities, and interviewed hundreds. He has also had extensive public speaking experience. Additionally, Larry served as Chair of the Mortgage Trading Committee for the Public Securities Association (PSA) in the mid-90s.

Larry graduated Cum Laude, Phi Beta Kappa in 1983 from the College of the Holy Cross.

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