Financial Regulatory Reform

Financial Regulatory Reform: Add Another Law To The Repeal List!

(IF YOU ARE NOT LIVIDLY BESIDE YOURSELF, YOU ARE NOT PAYING ATTENTION!) Yet another compact with the darkside made in the District of Criminals. Blanche Lincoln has made a deal lessening the impact of derivative rules (you know, those pesky trades that put us in this fix) so that the financial regulation reform bill could be passed by the Senate and sent onto to Barry's desk. LISTEN UP! This is the bill that creates two new federal agencies, one of which gathers financial intelligence on what appears to be every single person who has a financial transaction in America and…
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Another Nail In America’s Coffin: Barney Frank’s Financial Reform Bill Passes

It is not like we did not see it coming.  We all knew that Barney's 1,279 page POS was going to pass.  Now is the time to make sure that any semblance of this bill does not pass in the Senate with it's additional layers of government, arbitrary decision making about companies' health, and a seat at the table for community organizers like ACORN. This bill is another 180 degree swinging pendulum away from logic or reality.  I am all for regulation and reform of the financial industry, but putting financial institutions in a straight jacket AND allowing community organizations…
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ACORN: A Seat At The Financial Regulatory Table?

Michelle Bachman is not lying.  It's in there, it's now 1,279 pages, and this particular amendment is coming from one of the worst offenders in the financial meltdown - Maxine Waters. Bachmann: ACORN could regulate the financial sector The embattled community group ACORN could help regulate the financial services industry under new financial regulatory reforms, said Rep. Michele Bachmann (R-Minn.) on Wednesday. Bachmann, a consistent opponent of ACORN (Association of Community Organizations for Reform Now), said that an amendment given in the House Financial Services Committee could allow the group to sit on an advisory panel that monitors the regulations.…
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The Barney Frank Masquerade

ALWAYS GET TAPE! An email from Barney: Friend -- The extremists who control the Republican Party have engaged in one of the most implausible masquerades in history by trying to identify themselves with the American Colonials who revolted against British rule. In fact, as I prepare to go to the floor of the House this week to defend a package of tough financial reforms and consumer and investor protections, I confront a hostile, virtually unanimous Republican Party, which has a major characteristic in common with a different set of eighteenth century figures - the kings of France. When the French…
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