House Passes Financial Regulation Bill, 223 to 202

Today the house of representatives passed the Financial Regulation Bill, 223 to 202. According to the New York Times, "It creates a new agency to oversee consumer lending, establishes new rules for transactions that contributed to the meltdown, and seeks to reduce the threat that one or two huge companies on the verge of collapse could bring down the economy".
We need this bill to make sure major companies like Wal-mart doesn't take over our economy. We need to bring companies to the US. We need to go back to how we were a little while ago, and start to be the producers rather than the consumer. The US became a dependent nation and used to be a very independent nation. Now almost everything we buy is from overseas.
As we mentioned many times in class, we need to start buying from local farmers, and corner stores, so we can circulate the money that we are spending. We need to make sure that money can remain in our community instead of this money going into the pockets of rich CEOs of major companies. We should all start to buy little things we need from the cornor stores and from the farmers market and see how we can build relationships with our producers and how they look out for you. If you continue to buy something from the farmers, you can actually tell those farmers what you want, and the next time they have it available they will save it for u.
Lets hope this new bill brings the best for our economy.