From today's Wall Street Journal,(http://www.washingtonpost.com/wp-dyn/content/article/2010/06/25/AR2010062500675_pf.html)regarding the banking bill: "a teary-eyed Sen. Christopher J. Dodd (D-Conn.), who as chairman of the Senate Banking Committee led the effort in the Senate. "No one will know until this is actually in place how it works. But we believe we've done something that has been needed for a long time. It took a crisis to bring us to the point where we could actually get this job done." The Honorable Mr. Dodd also opined, "This is about as important as it gets, because it deals with every single aspect of our lives," said Sen. Christopher Dodd (D., Conn.), a chief architect of the compromise." (http://online.wsj.com/article/SB10001424052748703615104575328020013164184.html?mod=WSJ_hpp_LEADNewsCollection)
Are you F'ing KIDDING ME? "No one will know" how it works even though it will deal with EVERY SINGLE ASPECT OF OUR LIVES??? What's wrong with that picture? Images of Health Care "reform", anyone?
The first article goes on to say, "...the legislation would establish broad new oversight of the financial system. A new consumer protection bureau housed in the Federal Reserve would have independent funding, an independent leader and near-total autonomy to write and enforce rules. The government would have broad new powers to seize and wind down large, failing financial firms and to oversee the $600 trillion derivatives market." Yeah, that's just what I want...more government. Can anyone tell me where the $ is going to come from to fund this new "consumer protection bureau"?
How much longer is this country going to last before it's totally destroyed by the politicians?
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