William Black, writing for the Campaign for America's Future, has a few things to say about the JOBS Act working its way through Congress with apparently bipartisan report. First of all, it has nothing to do with getting more Americans back to work. The title is intentionally misleading to make voters think Congress is doing something for them.
The bill is actually about reducing regulation -- more of what got us into the current financial mess. Black lists ten reasons why the bill is insane. I'll let you read through the list.
For a couple years now I've been saying that the GOP and their corporate backers want to be in control. Part of it is they believe they are entitled to the power. Part of it is they want to be able to tell us what to do (such as not allow a woman to have reproductive choice).
But this bill says there is a third part: They don't want anyone to have the ability to tell them what they can and cannot do. That's why they are working to gut as many regulations as fast as possible. And their talking point says simply that all regulation is bad. No matter what kind of ruinous scheme they come up with to fleece the 99% (and crash the economy again in the process) they want nobody to tell them it is illegal.