It is stunning that the Republican party — the infamous party of "NO" — has crossed its arms and turned its head again on legislation that is desperately needed: financial market reform.
Less than 18 months after the collapse of our financial markets, which uncovered huge banking abuses over the past 20 years, and the GOP is promising to defeat the latest legislation brought forth by Banking Committee chairman Chris Dodd, (D) from Connecticut. What's frustrating is not that the party is looking for a debate on the matter, because they're not — leaders on both sides of the isle know this reform is needed. What is frustrating is that Republicans have come out swinging and spewing their fear-enticing rhetoric, that this legislation is nothing but a "perpetual bail-out of Wall Street." More disappointing is that the Republicans promising to oppose this measure are not offering up any measure of their own! Such bullshit.
It is no wonder that after the climax of the most historic presidential election in our nation's history 15 months ago, so many of us Americans are tired of how elected officials in Washington are acting. Cynical? You bet! Ready to give up and move abroad? HELL NO! We just need the tired, out-of-touch politicians currently in Washington to step aside and let the fresh, new thinking take over the reigns.