Last night on Hannity the panel discussed the opinion of ‘the people’ towards the government and Wall Street? You guessed it the demon is….. Wall Street. And why not, when the government is creating more voting non-taxpayers who gain benefits witgout chipping in. Over 50% of “the people” work for the government and over 40% pay no federal income taxes. When the government is the Candyman the loser is the big financial companies.
Dodd’s bill will give the government greater powers which will ultimately hurt smaller banks and other creditors which will trickle down to “the people.”
Why not reform the corporate bankruptcy laws instead? Do we want to continue bailouts and create yet another consumer agency?
Republicans need to craft a message that does not support fraudulent players like Madoff or companies that are negligent and unethical but yet allow the room for measured and innovative risks.
America was built by risk takers and producers, not by plunderers.