Monday, May 24, 2010

Financial Reform Bill Is A ‘Disaster’: Sen. Gregg

A Financial Reform Bill without regulating Fannie and Freddie is almost worthless, except for those wanting to expand government control into the financial sector. What is astonishing to me, is the statement made by Gregg that the Democrats in Congress still want mortgages given to anyone, even though they may not be able to afford it. This is a direct redistribution of wealth. This agenda of the Democrat Congress is what suffocated the economy and caused the collapse in 2008 and it will continue until control of Congress and the Presidency is turned over to more Conservative Democrats and Republicans.

Read "Financial Reform Bill Is A ‘Disaster’: Sen. Gregg" here.

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