You gotta read this to believe it.....

Please read the quote from Dodd-D

http://www.washingtonpost.com/wp-dyn/content/article/2010/06/25/AR2010062500675_pf.html


Here is the part of the article that shouldn't really surprise me these days:

"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."

 

WOW! The more you read....
The link:
http://online.wsj.com/article/SB100...013164184.html?mod=WSJ_hpp_LEADNewsCollection

The quote:
"This is about as important as it gets, because it deals with every single aspect of our lives," said Sen. Christopher Dodd (D., Conn.),


Is there any doubt that this WH & this dem controlled Congress will stop at nothing to take over the economy & our lives?
Every little advance they make on their agenda emboldens them that much more. Early on we saw Maxine Watters advocating the socializing & gov't takeover of free enterprise now a teary-eyed Dodd celebrates a piece of legislation designed to "deal" with every aspect of our lives.
C'mon...this has to be a wake up call for some of you.

 

This is probably the most unconstitutional legislation ever written. People wake up and vote these socialist out this November. 4 months 1 week 3 days .

 

4 months 1 week and 1 day.

 

The proof is right in front of their faces yet they are in complete denial.

 

No

 

Well, you asked me a simple YES or NO question. The honest answer to your question is NO so I don't understand why you would begin the name-calling. Perhaps you can enlighten us? It would seem to me that name-calling would be beneath your station as high grand poo-bah here at this little forum.
I'll await your answer.

 

More name-calling? Kindergarten? You make it seem so. I simply answered a direct question you asked of me, what's your issue with that?

 

Peter, Peter, I am shaking my head at you........

Where is the reform of Fannie and Freddie, one of the major contributors of this entire mess? Yes we need to spank Wall Street, but lets do it right.

Repos being called the party of no is a fav Dem talking point, you are better than that.

 

BO would never direct blame at Freddie & Fannie- it would hit too close to home as some of his closest advisors & political allies are complicit.

 

There is not one sentace, paragraph, word or sylabil in the finance reform bil that pertains to Fannie/Freddie.......the #1 thing that needs fixed is ignored. The #1 cause of this mess is ignored, yet if we vote against it, we are caled the party of no.

I speak of we as " ewww , hold my nose " Republican........

are we looking for a cheerleader chant and some applause, or are we looking to fix the problem ?

 

Lost in the discussion is the fact (and original point of my post) that this is at least the 2nd piece of major legislation the liberals have passed where they have come out and claimed that no one really knows what is in the bill! I can't imagine how one could support a bill that they have no idea what it contains...how responsible is that?

 

The morgage situation need urgent reform all the way through, if they dont do it they are leaving themselfs open for another bubble which will burst again

 

I hate to say it so bluntly, but I think your idea on how legislation is passed and who actually inserts the provisions and crafts the changes seems a bit naive.

It should come as no surprise that the legislators do not really know what is in the bill as it is not the legislators who are putting all the provisions and changes in there. A lot of it comes straight from lobbyists. And that applies equally to both parties.

Bills are thousands of pages long these days for a reason. In decades past, these bills would have been mere dozens of pages long, if that. The bills today are meant to hide things and create loopholes, provisions and complexity that will benefit the clients of the lobbyists.

For example...The law creating the Federal Trade Commission was 8 pages long in 1914. The Social Security Act was 28 pages long in 1935. The current financial reform bill is...wait for it...2319 pages long.

Ridiculous.

Here is an abridged article from Time this week.

http://www.time.com/time/politics/article/0,8599,2000880,00.html

It is fairly watered down from the original in the magazine but it gives a gist of the problem. The full article is worth reading if you have access to the magazine.

 

...but I though BO was going to put a stop to all of this......?

 

He has no desire to put a stop to it any more than Bush did. It is Congress that is the real problem, though. But, as long as Go Team politics prevails, it won't ever change. Only the party in charge wil flip flop back and forth..

We get the government that we deserve.