ANOTHER 1300+ page bill!
I haven’t read the entire bill yet, but I will! I have read the summary.
This is brought to you by the financial experts Barney Frank and Chris Dodd.
Have you heard anywhere in the media that the congress says they have to vote on this tomorrow because it is an e-m-e-r-g-e-n-c-y (does any of this sound even slightly familiar!?)? Is anyone really talking about this? I have read two things about this that I don’t like so far. 1. It gives power to the Treasury Secretary to bailout big financial companies directly. No more going to Congress and having to let the people know about it! The Treasury Secretary’s new job description should simply read “ATM”! 2. The government will now have the power to track your financial transactions with no reason whatsoever, in the name of “protecting” you from credit abuse.
No thanks! I can do that myself!
Wow! This is great! Pretty soon none of us will be responsible for protecting ourselves at all! We won’t even need common sense anymore! Boy, am I glad that Big Bro is lookin’ out for all of us!!
Here’s where to get a copy of this monstrosity: http://banking.senate.gov/public/_files/ChairmansMark31510AYO10306_xmlFinancialReformLegislationBill.pdf
Happy Reading!!