Monday, April 19, 2010

Senate Begins Financial Reform Debate

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.

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