Amazing how this weather affects peoples' moods. Everything tends to become more positive.
Keep an eye on the proposed legislation in Washington that appears to cure every economic ill. Senator Dodd's committee is proposing a financial reform package. Our country needs meaningful financial regulatory reform that protects America's taxpayers and our financial system. Our nation's nearly 8,000 community banks never participated in the risky practices that led to this economic crisis and are clearly the one part of the financial system that truly works.
We can no longer tolerate a system where a handful of institutions have the ability to put our entire country at risk. The only way to truly safeguard our financial future is to end the too-big-to-fail and enforce rules on the unregulated financial players.
