"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!
by Holle Abee 8 years ago
I thought this article was interesting, especially since it appeared in the NYT. According to this guru, costs will INCREASE, not decrease. This is the same guru that democrats hailed as wonderful when he challenged Bush. Don't worry, though, costs will increase by only a few billion, and what's a...
by William R. Wilson 8 years ago
I got this in my email today. This is the sort of thing I hired Obama to do:Thoughts?
by Poppa Blues 8 years ago
Karl Rove has studied this bill and he claims:Now I have read parts of the health care and stimulus bill and both of those bills created new bureaucracies that are designed to collect information on private citizens digitally and analyze it to create "policy". Let me ask you folks on the...
by Poppa Blues 8 years ago
This article is worth reading because it explains clearly why the claims about the health care bill crafted by Obama is nothing but LIES!March 13, 2010The Big Lie of Health Care ReformBy Robert GelinasOne-Sixth of the US Economy is threatened with a takeover by the Federal Government on the...
by Ralph Deeds 7 years ago
Peter Orzag's op-ed on health care reform:In the name of fiscal probity, the incoming Republican leadership in Congress has committed to doing whatever it takes to stop the health care reform act from taking effect. Yet many of the provisions that politicians have been taking aim at are the ones...
by johnnyco12 7 years ago
Name the five most important issues at stake in the upcoming midterm elections.
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