The article A G.O.P. Leader Tightly Bound to Lobbyists in The New York Times gives you an idea of who Representative John A. Boehner Republican of Ohio actually represents.

This type of lobbyist connection, whether with Republicans or Democrats, is what has caused a lot of our recent economic problems.  Boehner’s personal experience as a small business owner does not equip him with the ability to know how to deal with the big time frauds represented by the likes of Goldman Sachs,  Citigroup, R. J. Reynolds, and Altria.  These are the companies whose lobbyists he deals with and are the major contributors to his campaigns.

Connections with S&L financial frauds and their lobbyists are what helped lead to the downfall of House Speaker Jim Wright, Democrat from Texas.  The current housing bubble was caused by financial frauds in Goldman Sachs and Citigroup.  We already have too many people in Government that are protecting these companies now. We don’t need to put another protector of their interests in power as House Speaker.

In talking about the fraudulent nature of the financial companies, I am depending somewhat on what I learned from reading William Black’s book.  It is good to have some skepticism about what any one individual says, but until I find something that contradicts the main premise of his ideas, I will continue to rely on what Black says as opposed to relying on the people who went to jail or merely performed questionable actions that Black describes.

This also means not relying too much on people who continue to carry water for those frauds. If you don’t know who I am talking about, let me mention Larry Summers and Tim Geithner.  Past members of the club include Alan Greenspan and Henry Paulson.  They are no longer in official power, but Greenspan still has his opinions published in the press.