Washington’s Blog
May 21, 2010
The Senate passed a financial “reform” bill today by a 59-39 vote which won’t fix any of the core problems in the financial system, and won’t prevent the next financial crisis.
The bill doesn’t include the Volcker Rule (it wasn’t even debated), doesn’t break up or even substantially rein in the too big to fails, and doesn’t force transparency in the derivatives market.
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2 comments:
I'll wager heavily it continues to bankroll from the Treasury lots of OMFR sonsofbitches who never worked a day in their lives and provide great golden parachutes for more Wall Street & FedRes fatcats.
When BabKhazakh gives you $350 million to run for President, you know who your owners are, and you better do what they say if you don't want a bullet in your brain.
that pisses me off..
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