Faith, hope and charity: We used to seek God’s blessings on the country, we used to pursue maximum freedom to solve problems and we’d rely on one another in times of need.
Now we’re being pushed towards what progressives have always found hope in: Dependency on regulations and administrations. Average Americans find that approach to be red tape. Our Founding Fathers found it to be slavery.
So it kind shocks me when there’s no outcry to news stories like this one reported in the Financial Times over the weekend: The “U.S. is preparing to pivot from domestic regulatory reform to push for a tough new international capital regime.”
Excuse me?
We’re talking about the foundation of international financial regulations and global governing. It’s a trial balloon being floated out there and I guess it was a success because the response was complete and total silence.
Is it just me who thinks this is a bad idea? Am I alone? I guess so, because even Republicans are OK with this one. How could that happen? Easy: It’s those evil, greedy Sith lord Wall Street executives! Like the ones at Goldman Sachs, who are appearing before the almighty Senate Tuesday to get grilled by the Senate Permanent Subcommittee on Investigations (sounds scary) about their so-called attempts to manipulate and profit off the crash of the housing market.
They’ll get chewed out and made an example of by people like Chris Dodd, who joined in the chorus of Goldman haters on “Meet the Press” on Sunday:
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