I hate always using the NY Times, but until I find another website that allows one to access articles without having to sign-in, I will keep using it. With that said, this NY Times blog post gave me a few questions.
The post was mostly about Obama and the Democrats using regulation of Wall Street as a 'crowd pleaser' that would help at midterms. That may be true, but that's not what I want to talk about. The whole time I was reading this, I was just thinking, "Oh great, another invasion of the government into our lives and our work." On top of that, they want to regulate Wall Street when they seem to be just as reckless with money.
Let's just say that I'm a parent with a child. I constantly give my child an allowance, because I love him so, and I set him up with sweet jobs so he could easily make more. Basically, I help him out a lot. As for me, I make decent money, but I always seem to be in debt. I owe tons of money on the house and the three cars. Oh, and the vacation home. I like to spend money, I just can't help it. One day, my beloved son wants to spend $200 on a bike, and I say no, because I consider that reckless. Is that fair, that I am allowed to spend as much as I want, but because I am in a position of power, I try to regulate the spending of others? I think that is something that the American government and the American people need to think about.
Speaking of these American people, who the government is supposed to be of, by, and for, the post says that the Pew Research Center found that three-fifths of Americans support tougher regulation of Wall Street. I don't want to bash on my people, but I find it hard to believe that 3/5 of the country invests, or even knows what Wall Street does. Americans, myself included, need to become more aware of what our politicians tell us. It is wrong to vote them into office, and then allow them to control us like they do. We should be controlling them, holding them accountable for everything that they do.
I wish three-fifths of Americans supported tougher regulation of Congress, but the politicians probably wouldn't tell us that.
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