Comments on: Brown, Snowe back financial reform bill

By: Bogofree

Bogofree — Fri, 16 Jul 2010 16:18:56 +0000

Sen. Brown supported the bill after significant changes since it would not raise taxes or increase the deficit. I have no idea about the deficit portion since somehow government policy usually results in government expanded bureaucracy so that portion may be incorrect.

Brown had praises from the Democrats in the Massachusetts Congressional Delegation and raised the ire of the TP types. Brown has manged to PO liberal and conservatives in his so far short stint. When you tick off both sides you must be doing something right.

By: BKBroiler

BKBroiler — Thu, 15 Jul 2010 19:42:17 +0000

“While not perfect, the legislation takes necessary steps to implement … restore confidence in the American financial system,” Snowe said in a statement Monday evening. Yeah, good luck with that. Are the people of the Northeast that far gone that they keep accepting Dodd, Shumer, Collins, Snowe, Lieberman, etc? I think I want a national divorce.

By: woody188

woody188 — Thu, 15 Jul 2010 02:16:15 +0000

Oh so this isn’t the bill that hands regulatory power over the economy to a private conglomerate called The Federal Reserve?

This isn’t the bill that creates some unelected consumer board under Treasury?

This isn’t the bill that protects the nations largest banks virtually guaranteeing them to remain in the same positions of power and influence while making it near impossible for smaller banks and credit unions to expand?

It sure sounds like that bill.

By: Guardhouse lawyer

Guardhouse lawyer — Wed, 14 Jul 2010 15:04:34 +0000

No.

By: woody188

woody188 — Wed, 14 Jul 2010 05:24:16 +0000

Isn’t this the bill that hog ties the banks that acted correctly while giving those that caused the crash more power over the whole economy?