Defend Your Dollars: Wall Street Reform Bill Update

Wall Street Reform Bill Update

Posted by Tim at 07/12/10 10:32 AM

The Wall Street Journal is reporting:

"I appreciate the efforts to improve the bill, especially the removal of the $19 billion bank tax," Mr. Brown said. "As a result, it is a better bill than it was when this whole process started. While it isn't perfect, I expect to support the bill when it comes up for a vote."

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1 Posted by Tim Grimes at 07/12/10 11:17 AM

Now that the original bill has been gutted at the request of the banks themselves, it becomes an exercise in playacting. "Let's pretend we are doing something FOR the American People instead of actually doing something TO the American People!"
I supposes the couple of remaining strictures make it better than nothing...But I hope the members of Congress are at least aware of the head of emotional steam that is building up out here as a result of their behavior. Oh, no; NOT the loony-tunes screaming of the Tea Party crowd, or the manufactured and twisted bile of the deluded and misled Fox Nation sycophants: I am talking of the anger being generated in the normally complacent moderates and independents. Folks who have for years 'just let the Yahoos go on' and ignored it all CAN'T ignore the malfeasance and corruption of much of our current Congress.
If Congress does not act to strenuously reverse this trend, it will be the worse for them, and all Americans.

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