The Senate is about to start debate over a Financial Reform bill. With Friday's SEC revelation they intend to charge Goldman Sachs with fraud, the political climate is ripe to insure the American public will be better protected against another financial meltdown.
But the real question I have for financial reform is this, who is going to reform Washington. Simply adding additional regulations only serve to limit economic growth. Besides, Congressional spending is certainly more a threat to both our financial and national security. Senator Dodd and the rest of the Democratic and Republican cronies have no real solutions except to find some scapegoat for their financial incompetence.
Monday, April 19, 2010
Friday, April 9, 2010
Wednesday, April 7, 2010
West Virginia Coal Mining Tragedy
News of any coal mining accident always seems to strike me hard. My fraternal grandfather was killed in a coal mining accident in Scranton, Pa. when my father was a young boy. He never had the opportunity to know his dad and when my grandmother remarried all reminders of my grandfather were removed from his memory. I was named after my grandfather and a couple of years ago I was given his work pocket watch, the very watch he had on him when he was crushed in the mining accident. It's still a sort of eerie feeling I get every time I hold that watch to see its indentations from the accident.
My thoughts and prayers go out to the families for the loss of their loved ones.
Subscribe to:
Posts (Atom)