Thursday, May 13, 2010

Financial Reform: How We Can Save Our Economy

The next few weeks will culminate into a defining moment in American history and lay the course for our economic future. After two years of being asleep at the switch, Congress is finally stepping up and taking action on financial reform. The resulting bill will be a clear indication and definitive proof as to who is actually running our country. Will it reinforce the dominance of the Wall Street elite, or will it mark a rebirth of the rule of law and economic prosperity for millions of Americans who have seen their standard of living decline?

The early indications are ominous, two of the most crucial aspects of true reform have already been dealt a severe blow. The amendment to break up the “too big to fail” banks has been voted down, and the amendment to audit the Federal Reserve has been gutted of important provisions.

We cannot just sit back and let politicians, who are overly influenced by campaign funding and lobbying activities on the part of the big banks who have plunged us into this crisis, decide our future without us. Our passive unwillingness to stand up for our own rights is part of the reason we are in this crisis to begin with. Right now is the most pivotal time for us to make our voice heard.

This bill is where we draw the line and STAND UP.