Thursday, January 7, 2010
Goodbye Senator Dodd: I Will Not Miss You
One could build a case that nothing really of substance is being done to protect the individual consumer or the institutional consumer of financial products. That the Congress is just going to blow a lot of smoke up our collective butts, and think they have done something for the good of the people. Change comes slowly. As someone who has read his share of history, revolution is just a word, but rarely does change come from revolution. Change evolves. The history of this nation is a history of evolving change. Technology as it is used in the field of banking and finance moves faster than the creation of laws and commissions to protect the individual and institutional consumer. The banking industry hinds behind the ignorance of the people, and, even fights against the little reform that is so necessary for our continued economic growth as a nation. The real pain in the ass, is the fact that the bankers' lobbyists are now being paid with the peoples' money, our tax dollars as a result of the TARP program. I am happy to see Senator Dodd go, he is a sellout from the word GO. His leadership on the Senate Finance Committee is a sick joke. Go Senator Dodd! May you enjoy the money you earned and the homes you have around the world. Hopefully, his replacement will be a person of character, and an advocate for the good of the consumer and not the bankers, in whose pocket he dwelled. Goodbye Senator Dodd, I will not miss you.