Skip O'Neill – Liberty for All

Ron Paul for A New Direction

Financial Reform

with 3 comments

Let’s see, Congress is discussing the financial reform bill.  It appears that several senate republicans are going to go along with the bill, so it will probably pass with bi-partisan support.  This is last thing Obama should want.  He should hope that the republicans block the bill.  Why?  Because the pending financial collapse and inflation can then be blamed on the republicans. 

You see, if the financial reform bill fails and then we have a deeper recession and inflation, Obama can blame it on the obstructionist republicans.  Now with the passage, he can only blame himself.  Too bad Mr. Wu.

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3 Responses

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  1. Isn’t Chris Dodd writing this bill? The same Chris Dodd who is in part responsible for the whole mess to begin with. Who took him out of the institution?

    Minx

    April 24, 2010 at 9:52 pm

  2. Obama is a joke.

  3. The financial reform law is oriented to protecting consumers, which is good, and cleaning up future spills, which is also good, but what about the very existence of the institutions deemed too big to fail? That is, what about their market/political power? The law leaves them to widen the loopholes.

    See: http://euandus3.wordpress.com/2010/07/15/financial-reform-prevention-medicine-or-selling-out/

    The Worden Report

    July 21, 2010 at 9:21 pm


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