Wall Street Reform
We Must Rein in Wall Street Abuses
I have seen the very real impact that lax fiscal policies and failure to implement any oversight has had on the American economy, American workers, and their families. In the past two decades, lives and families have been destroyed by the Dot-Com Bubble, the Housing Bubble, and the Financial Securities Bubble. Our politicians have bent over backwards to bail out mortgage companies, banks, investment firms, and automakers.
The Middle Class has been left holding the bill for these bailouts and asked to sacrifice more and more as these same industries continue their same practices. In the coming years, there will be a Student Loan Bubble as students and workers struggle to find good-paying jobs or make payments while wages remain stagnant or decrease. Once again, the Middle Class will be left holding the bill while those truly responsible will be bailed out.