http://www.cnsnews.com/news/article/66439

If the likes of Goldman Sachs or a heavy hitter of similar strength wants to take out another Lehman Bros, Bear Stearns, or Merrill Lynch & Co. which were all destroyed by engineered short selling shenanigans on the part of Goldman Sachs and Morgan Stanley then why not? Now both Goldman Sachs and Morgan Stanley are under investigation for both civil and possible criminal involvement in the destruction of the aforementioned companies along with the life savings and investments of their shareholders. So when the big boys of the future need the competition “wacked” then they’ll just lean on their bought and paid for running dogs in the administration to possibly seize the competition. Why not, it’s now legally enfranchised thanks to our terminally corrupt leadership in Congress.

http://www.newsmax.com/Morris/finance-bill-barack-obama/2010/05/21/id/359786

It’s the same old corrupt players involved too with watering down this legislation and insuring the “dark side” of banking and brokerage are covered and protected; particularly Senator Chris Dodd, Dem-CT. Hopefully the good citizens of Connecticut have had a bellyful of the Chris Dodd’s and the Joe Lieberman types in the Senate. Unfortunately for them their state AG, Richard Blumenthal who’s evidently a liar concerning his military record; i.e, having not served his nation during the Nam era is also the possible replacement for Chris Dodd. / : |

When are these “Connecticut Yankees” going to wake up and say enough is enough at the ballot box?! If we went back a 150 plus years or so, they’d be shouting at the top of their lungs, “get the tar, the ropes, the feathers and many sharp edged rails” to take care of these political vermin.

What’s tragic about Chris Dodd is this is the end of his tenure in the Senate. You’d think the man would love his country and the people more than money; but no, this shifty-eyed slime ball sold us all out for just a few dollars more. He could have thrown us a bone; but instead, prostrated himself before his shadowy corporate controllers to the bitter end. : |

Carl Nemo **==

Like the battle against Public Healthcare, thanks to the millions spent to fight change, we ended up with pretty much a worthless document.

I think it’s important to take note though that in both cases, it was our friends the Republiscum that fought worthy change all the way.

The most important changes needed to prevent banks and wall street from legally gambling their customers’ money away…wasn’t a part of this do-nothing, stick-it-in-the-publics-ass, political payback to financial and market institutions piece of ….

Sorry, can’t help myself. This legislation is probably the worst done to the public since 1999.

This financial overhaul is another victory for the banking/market institutions.

Unless The Glass – Steagall Act is reinstituted, and the Commundities and Futures Modernization Act, and the Communities Reinvestment Act are substantially revised…this bill is worthless to American citizens…and actually, global citizens.

What a sad, sad, sad day for America…and all of our global neighbors.