Its not the “political system”. Its the inexperience and incompetence of the president that is causing this.

I think part of the problem is that our government is so complicated that the average layman cannot take the time to fully understand how it even works. This creates a smokescreen that allows these politicians to do as they please. Its easier to snatch cookies out of the cookie jar when noone can see you, right?

The financial industry is the same way. Worse if you ask me. There is so much red tape and smoke being blown that it seems like most banks EXPECT the average working man to not have a clue as to how banks and financing work. A perfect example of this was when I applied for the mortgage on my home. The loan officer was going through the paperwork with me (she was a very nice lady, by the way). When we got to the interest rate, I stopped her and asked her “Is this number here (pointing to the sheet of paper) the nominal or effective interest rate?” She seemed utterly astonished at this! She said in the 8 years that she has been a loan officer, she has never run across anyone else, who did not work in the banking industry, who understood that distinction. That suprised me.