Wall Street Reform Passes
Thursday, July 15, 2010
The Office of Thrift Supervision — but it guarantees that all OTS employees will have jobs at the new bank regulator. How exactly is moving around boxes on the organizational chart going to prevent the next financial crisis? (Ironically, OTS was itself created in the "crackdown" after another Washington-sparked meltdown, the savings-and-loan crisis of the late '80s.)
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This is like Obama hiring Liz Fowler, former WellPoint executive, to implement the healthcare law - http://www
Or Obama's not cleaning house at MMS, not firing all involved in the corruption, but instead spliting MMS into two agencies.
How many times are politicians going to be able to rely on Americans' ig.no.rance of the details in legislation like this? About how bills with populist-sounding titles (Clear Skies Initiative, Leave No Child Behind, Patient Protection and Affordable Care Act, etc.) are actually oxym0rons intended to deceive voters.
This bill starts the clock ticking for new and even greater heists on Americans, more meltdowns and economic upheaval.
Read the Article at HuffingtonPost
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