To ensure we avoid another financial catastrophe such as the one that plunged our nation into the worst recession since the Great Depression, it is imperative that we implement an aggressive overhaul of the American financial regulatory system.So, we can expect to see Barney Frank, Christopher Dodd, Franklin Raines (CEO of Fannie Mae), and the rest of the long line of "those whose reckless actions caused the crisis" fired and in jail soon?
And this effort must include real and substantial consequences for those whose reckless actions caused the crisis in the first place while guaranteeing the transparency and accountability of taxpayer dollars.
Don't bet on it. And don't bet on Sen. Snowe Job even mentioning the Federal Government's substantial role in creating the conditions that continue to plague us, a disease Dodd's bill doesn't even try to address.
5 comments:
"I have here in my hand a list of 535 names...." Where's Tailgunner Joe when he could actually do some good? ;-)
Actually, make it 550 names -- forgot about POTUS, VPOTUS (just because), Treasury, and the board of governors of the Fed.
Sorry Ken I don't quite get it. How did you arrive at the number? Are there now an extra 15 Congressmen, or what?
435 for the House, 100 for the Senate, 1 for the Prez, 1 for the VP, 1 for Turbo Tax Timmy, and 12 for the Fed.
Hey, look at Peter Orzsag as a prime example...the man ushered the $862 billion "stimulus" bill and then pushes the travesty of ObamaCare; generations of Americans will be screwed but Petey gets to marry a pretty wife and gets a sweet high paying government gig after he leaves the White House. So, crime does pay after all.
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