Financial Regulatory Reform – HR 4173

By Padmini Arhant

Congratulations! To President Barack Obama, Senator Chris Dodd, Rep. Barney Frank and other Congress members from both sides of the aisle for their contribution to the historic victory on the Financial regulations bill.

The United States Senate approved the long overdue financial regulatory reform that was challenged by Wall Street and their representatives since conception.

Not long ago, the global economy faced the possibility of the ‘Great Depression,’ emerging from the deregulated financial markets with extraordinary privileges in the public fund mismanagement and speculative trading showing no regard for the dire consequences, now a harsh reality experienced by the billions around the world.

Wall Street exercising the ‘free market’ power to engage in calculated high-risk ventures especially through derivatives and hedge fund activities led to a near free fall in the absence of any oversight on the reckless involvement.

The U.S. economy would have succumbed to the economic crisis if not for the American Investment Recovery Act passed by the Democrats and isolated republican members in Congress.

President Barack Obama and the lawmakers behind this legislation deserve credit in this regard.

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Padmini Arhant

The Political Game

By Padmini Arhant

Politics is universally known for facts subversion.

Any fair perspective on national issues and campaign promise reminders are perceived as unconventional and thwarted with false accusations.

There were assaults regarding the concerns raised on the past and pending legislation.

It’s important to dispel the myths surrounding the open communication to the authorities in power through this website.

Since the 2008 Presidential campaign and up until now, the communication channel allows the authorities in power to submit their various demands to me but prohibits my response to them.

My communication to them is possible only via the website.

I’ve never had direct communication access during the election campaign and it continues to date.

Information sent earlier has been either rejected or redirected to ‘Auto response.’

As such, every communication sent and received by me has been published on this website periodically.

Upon being approached by the authority in power on several occasions lately with the routine message:

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Padmini Arhant

Reconciliation for a New Beginning

Honorable. President Barack Obama

Dear Mr. President,

Thank you for the opportunity to clarify the position for a new beginning.

With deep appreciation for democracy, free speech and ethics, I reiterate the facts presented on this website.

I remain steadfast in my commitment to work for the people and serve our great country as well as the citizens across the globe.

Since my responsibilities are towards humanitarian peace and progress, besides environmental protection, I pledge unequivocal support to promote the daunting, yet noble cause in every aspect.

I do not have any doubts in reaching the milestones by working together with a common goal in the domestic and international matter.

However, I’m disappointed with the special interests’ control over the hard fought legislations against the democratic principles and consequently,

The electorate deprived of immediate and long lasting benefits.

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Padmini Arhants