"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 Abee7 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...
by Cowboy Coasters7 years ago
....for immigrants and very lazy poor people.
by William R. Wilson7 years ago
I got this in my email today. This is the sort of thing I hired Obama to do:Thoughts?
by Ralph Deeds7 years ago
SENATE PASSES SWEEPING FINANCE REFORM BILL 59-39The Senate on Thursday approved a far-reaching financial regulatory bill, putting Congress on the brink of approving a broad expansion of government oversight of the...
by Yes Dear7 years ago
se·di·tion [si-dish-uhn] Show IPA–noun1.incitement of discontent or rebellion against a government.2.any action, esp. in speech or writing, promoting such discontent or rebellion.Sara...
by johnnyco127 years ago
Name the five most important issues at stake in the upcoming midterm elections.
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