Did you hear from Mitch McConnell? What is that dude trying to do, weaken consumer protection! He has the guts to rally the republicans to weaken the consumer protection...what! are they working for the wall street or for the main street? And a certain Senator Scott Brown is vowing not to support the bill that it's going to "hurt small businesses". What they are implying is that creating financial stability oversight council will hurt small business. Yes, i acknowledge their fear that too much regulation might turn to hunt the entire system. But notwithstanding, we must also acknowledge that the system has been operating without an oversight council and the wall street proved to the main street that they are not to be trusted an iota, so why should the government still bestow the future of the financial system to unscrupulous individual! For God's sake, once bitten twice shy. This country is not that naive to use a short spoon to eat from the same plate with wall street. Can you imagine! a certain Fabulous Fab help created risky mortgage-backed investments (to read more click here Boston) and sold it to investors when they knew it is bound to fail. What is astonishing is that, they went back and bet against this securities they created that it will fail, so how do they want the public to believe them that they didn't do anything wrong to melt the financial system! So those republicans who are standing aloof or trying to stand against this reform will pay for it with their jobs. American must stand up against cheating, that's why i stand strongly for reform. God bless, there is blogging, so we will make our voice heard whether they like it or not.
God bless you for reading....hope you come back for intriguing news.
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