Another day in Washington, another massive attempt to grab power and steal your liberties.
The financial reform legislation that recently emerged from the House/Senate conference committee is a continuation of the contemporary standard operating procedures of ignoring the Constitution, crafting an intentionally long and complex bill that no one — including its supporters — will have the time to read and digest, and rushing it through before the American people can get fully informed on the atrocities included. Senator Chris Dodd, a main sponsor of the bill, even said as much:
“No one will know until this is actually in place how it works.”
How’s that for instilling confidence in what they’ve created? Despite not knowing all the particulars yet, though, we can be certain this bill ignores the underlying problem of lending people money they can’t pay back, while granting the government the enormous power of taking over businesses they deem a threat to the economy (or to their political agenda?). That should send chills up and down the spines of every freedom-loving American.
We can stop this, though. 60 votes are needed to pass the Senate, which is by no means guaranteed at this point. Liberty Central has created a great resource for standing up to this latest power grab that will profoundly damage the free market system and, by extension, freedom in general. You can find information and updates about the bill and how to take action.