Three Reasons The New Financial Regs Won't Fix Anything
But will screw consumers. Nick Gillespie at reason.tv on how they replaced "too big to fail" with "too big to fail":

Three Reasons The New Financial Regs Won't Fix Anything
But will screw consumers. Nick Gillespie at reason.tv on how they replaced "too big to fail" with "too big to fail":
Well of course. The two purposes of the bill are to set up a guaranteed flow of campaign contributions to incumbents, and to raise the barriers to entry for new competitors. It appears to be succeeding admirably on both counts.
Cousin Dave at July 12, 2010 6:55 AM
What scares me is what will happen in the lame duck congress this year.
Congress has no clue of what a clusterfuck they are creating for the U.S. public.
Jim P. at July 12, 2010 7:28 PM
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