Peter Schiff: Washington Rewards Wall Street Fat Cats – Again
July 23, 2010 StatesmanSentinel.com · Leave a Comment
Washington did it again.
Last week the Senate passed a financial overhaul that balloons the role of government while suffocating small businesses. It’s Washington theatrics at its worst, and I’ve had enough.
Instead of punishing the fat cats, Washington has given them the opportunity to feed off the American taxpayer and grow even fatter. And in failing to address the root causes of the financial crisis, this bill actually ensures that the next crises will be even worse!
These shenanigans are destroying our economy and they must end. That’s why I’m running for the U.S. Senate. But with Primary Day less than three weeks away, I need your immediate financial assistance to reach every voter in Connecticut with my message.
Washington is destroying America.
I’m appalled by the Senate’s carelessness in passing this financial overhaul. But you and I both know that the career politicians and their cronies don’t care about the taxpayers. And a bill that enshrines mechanisms for future bailouts into law only proves that.
Enough is enough.
We need to allow market forces to restructure the economy and we cannot do that with all of the regulations Washington is imposing on the financial sector. That’s why I need to be in the U.S. Senate.
Unlike the majority of the Washington political establishment, I understand the economy. That means I will never support legislation like this financial overhaul bill, and I will do everything in my power to make sure that our economy has the mechanisms to thrive.
In other words- no more regulations, bailouts, tax hikes or bogus stimulus plans.
So if you are a patriot and you want America to prosper, I need your immediate help.
America is counting on you and so am I.
Peter Schiff
Republican U.S. Senate Candidate
