Financial reform addresses the issue that led to the creation of this act in an effort to be proactive. This act helps to end bail out which, when viewed by the public, are a waste of taxpayer money, as well as being wholly unfair. Government assistance in the form of a bailout is shameful when one considers the amount of resistance geared toward programs such as welfare.
Like so many other bills that make it through the United States Congress, the so-called financial reform bill just creates further incentive for banks to make risky investments, while at the same time imposing a host of new regulations which cost banks and other businesses billions of dollars a year to comply with. This is not true reform.