Banking & 1st Amendment - A letter Sent to Our Elected Officials

Dear Virginia Elected Officials,
We appreciate your attention to matters that are important not only for the Virginia constituents but also pressing for our nation. That is why I write to you again today to present our view on two important issues.
First addressing economic issues our government seems to have jumped into the financial fire headfirst without a viable plan other than providing such a blaze with more fuel to burn. It seems that at least part of our problems stem from loans given to persons UNQUALIFIED for such from commercial banks due to laws enacted enforcing them to do so. Being we are now in the difficult situation of balancing the books we would like to know whether these laws have been revoked or otherwise subjugated to new laws rendering them impotent? It would seem to be common sense that when a patient is bleeding profusely we need to apply severe pressure to stop such PRIOR to administering a transfusion. Repeal these laws that allow such practices and let banks carry on with their market place transactions.
Second issue concerns legislation introduced by Rep. Linda Sanchez, D- Los Angeles. Her measure known as HR 1966, labeled the Megan Meier Cyber-bullying Prevention Act, actually extends far beyond cyber-bullying and would seemingly make it a federal offense to log onto the internet or use the telephone since such methods of communication where hostile speech would be banned include e-mail, instant messaging, blogs, websites, telephones and text messages. Clearly in modern times as communication methods have improved and notification and sharing of issues is instantaneous we MUST still live by our Constitutional freedoms granted to us. Let us ensure that we continue to abide by the 1st amendment and that this measure is not carried forth under any loophole to dodge what our founders intended related to freedom of speech.
With kind regards and trusting in your actions,
Jonathan E. Varnell