Financial Reform is a JOKE!

  1. MikeNV profile image81
    MikeNVposted 7 years ago

    "Not all the changes will occur overnight once Congress gets the legislation to President Barack Obama. Throughout the 2,300-page bill, federal monitors are given one to two years to write the new rules of the road for Wall Street. In some instances, the timing isn't even specified."

    Yet another Mega Bill from Team Obama that is so big and complicated no one can understand any of it... But they get to change it as they go to suit whatever agenda they want.

    And the best part "federal monitors are given one to two years to write the new rules of the road for Wall Street. In some instances, the timing isn't even specified."

    Great... another make up the rules as you go bill.

    Can anyone see a problem with the way these mega bills are constructed?

    Do you think for a minute that the Banks won't just pass any costs on to the consumer?

    More baffling inclusions:

    "The bill directs regulators and other government agencies to undertake more than 60 studies that will determine if or how new rules will be put into place. "

    What?  Studies? Conducted by whom for whose benefits?

    When you read that it really makes the Federal Government look like they haven't a clue in the World what they are doing... BECAUSE THEY DON'T!

 
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