FiNANCIAL REGULATORY REFORM

Chris Dodd wants a super regulator to regulate banks and other financial institutions. That's like asking a fox to guard the henhouse. He and others in the Senate and the House want the Office of the Comptroller of the Currency, a department of the Treasury to regulate banks. It is and will be supervised by the political corrupt. Can you imagine the Bush Administration controlling the Bank Regulators? They would eliminate all banking regulations that did not please the big banks and the big contributors to political campaigns

To have the banking industry, one of the most important industries in our country to help foster business, to have it under the control of politicians is stunningly stupid, and a stunningly simplistic fix for what the House and Senate perpetuated in the first place.

Chris Dodd is supposedly on his way to defeat in the next elections for his blatant lies, lets hope he is gone before he can do more damage to the country. Senator Schummer of NY is an ally on this issue; time for him to go as well.

When lawyers become politicians, and get elected to either the house or senate, then you know that this country is in serious trouble. Economics professors who are bought and paid for by big banks are also problematic.

Grassley, Baucaus, and others in the Senate who owe their elections to the health care industry, are examples of why term limits are necessary to keep this country moving forward and the rich and wealthy from corrupting influence.

How about the politicos who have forgotten how to figure their taxes correctly and laugh it off when caught. If the framers of the tax code can't do it right, how are we, poor common citizens expected to get it right.

Then we have John Murtha, called one of the most corrupt politicians in the House or Senate for a number of years, continues on his merry way. The House and Senate have ethics laws that can't stop the corruption. Why should they, the go into office poor as their constituents and come out as wealthy as those who contribute to their re-election campaigns. And we thought Russia, China, Mexico were run by the corrupt.