Monday, June 28, 2010

'No One Will Know Until This is Actually in Place How it Works'

According to jammiewearingfool.blogspot.com:

2000 page Financial Reform Bill

Yeah, why bother reading legislation before it's passed? A time-honored Democrat tradition. Naturally, the clown who said this will be out of office by then.

Key House and Senate lawmakers approved far-reaching new financial rules early Friday after weeks of division, delay and frantic last-minute dealmaking. The dawn compromise set up a potential vote in both houses of Congress next week that could send the landmark legislation to President Obama by July 4.

Lawmakers pulled an all-nighter, wrapping up their work at 5:39 a.m. -- more than 20 messy, mind-numbing hours after they began Thursday morning.

"It's a great moment. I'm proud to have been here," said a teary-eyed Sen. Christopher J. Dodd (D-Conn.), who as chairman of the Senate Banking Committee led the effort in the Senate. "No one will know until this is actually in place how it works. But we believe we've done something that has been needed for a long time. It took a crisis to bring us to the point where we could actually get this job done."

Never let a good crisis go to waste.
 
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All these new fees and regulations that will be added to the banks and wallstreet will be passed right back to you the consumer, and I can guarantee you will be feeling the results of this "financial Reform Bill"  in your wallet soon.
 
I swear the democrats are really hell bent on the total destruction of the United States of America. . . .
 
This is just what Nancy Pelosi said about obamacare: “But we have to pass the bill so that you can find out what is in it"