Blog Archive

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Saturday, July 17, 2010

postheadericon Another government overreach (Sen. Lisa Murkowski)

Everyone agrees that reform of Wall Street is necessary, but this legislation doesn’t do that. It is disturbing to me that this bill has garnered the support of the very banks that helped bring on the financial disaster and is opposed by the community banks, credit unions and small businesses that had nothing to do with the financial meltdown, yet will bear the brunt of the bill’s pain. Furthermore, the legislation does nothing to address the role that Fannie Mae and Freddie Mac played in nearly bringing down our financial system.

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