Good bye private sector, good bye limited government, hello over reaching federal government. The Finance Reform Bill is bad for America. The excessive regulation being proposed in the bill will continue to choke America’s already struggling economy.
And true to form, the democrats in Washington are trying to rush it through even though it will do more harm to the country than good. Why the urgency? The democrats on Capital Hill have a check list mentality; they just like passing laws so they can cross it off their “to-do” list, the country be damned about the consequences. They also want to sweep it under the rug and not let the American people digest the impact until it is too late; just like they did with Obamacare. It also greatly benefits them to get the Finance Reform Bill passed before they lose their majority in Congress in November, when we vote them out.
The Finance Reform Bill will be a disaster for Americans. It will give the big Wall Street firms the upper hand over their Main Street competitors. The bill will allow big Wall Street firms to borrow money more cheaply than Main Street businesses; which will strangle Main Street. This is not good during these tough economic times. Crippling Main Street businesses will put more folks out of work….just what we need in the worst economy since the Great Depression.
This Finance Bill is only good for America if you like giving the federal government more power and control. Within the bill the federal government gives itself the power to take over businesses. The federal government grants itself complete, full, unstoppable authority to access private companies. We will all be held hostage by the federal government because if we do not work for the government or non profits, most of us work for private companies. Small business will be subject to increased federal regulations. The federal government will have access to publicly traded corporate boards. Is that good for America, no!!!
The regulations proposed in the Finance Reform Bill will be just as damaging to your wallet as Obamacare. Don’t be fooled, it will be YOUR tax dollars that will be funding the bailing outs. The feds must think Americans are stupid enough to not realize that our tax dollars are the only monies they have a continual flow of. This over reaching government must be stopped.
If we do not stop the current ‘leaders’ in Washington, their bullying tactics will only get worse. We voted these representatives into office to work for the people and they are not doing that – so they must go. We have a duty to vote in representatives who have the best interests of American in mind. We have a duty to also vote out those politicians who mislead us and misuse their power.
Do it America, vote the rascals in Washington out of office this November.