Finance
Financial Reform: It's the Bill, Stupid!
Published April 20, 2010, 9:11 am, CST
by Diane W. Collins
dcollins@marketingweb.com
Everyone wants financial reform. Can we get that part straight or must we continue to listen to the ridiculous diatribe Senate Democrats continue to throw out into the public media. As we watch the progress of the Restoring American Financial Stability Act of 2010, Chris Dodd's bill, the questions being asked are important. Is the power of the Executive branch being expanded through the Treasury because of this bill? Why do we need another regulatory agency for Consumer Protection when our existing agencies have the ability to regulate consumer protection? We have asked these questions, watched this issue and written commentary on this specific topic since March 12, 2009. As we continue to cover the progress of this bill we wish to include the following history for your reading:
3/12/09 Solving the Foreclosure Problem: Does Anybody Really Have a Plan?
3/19/09 Federal Reserve Spends $1.15 Trillion to Buy Back Obligations... Now We're Printing Money!
3/26/09 Geithner Wants Congress to Give the Treasury More Power: The Point Everyone is Missing...
3/19/10 Financial Services Reform... Dodds Bill
3/25/10 Like We Said... Financial Services Reform Is Next
This week will be very interesting. Let's make sure Republicans have a voice that is allowed to point to the deficiencies of the bill so that American's can enjoy the benefits of financial reform that works. American's are very tired of the demonizing and excoriation of anyone who disagrees with the Obama Administration. Liberals love to stand on their soapbox declaring the Conservative intelligentsia is dead. They wish. Let's get Congress back to the People's business.
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