Fin Reg Passes - Heads to Obama for Signature
Not perfect regulation by any means. Sen. Ted Kaufman has written a thought provoking piece on the strengths and short comings of the legislation. However it is still much better than the lack of controls that caused the near total collapse of our financial system not that long ago. And public support for financial regulation is strong. Wall Street is not too popular with anyone these days.
So wouldn’t you expect Republicans to get on board with the new legislation and show some support? Let’s listen for their reaction . . . 3. . . 2. . . 1 . . and heeeeeeeere’s JOHNNY!
“I think it ought to be repealed,” said House Minority Leader John Boehner, in response to a question from TPMDC, at his weekly press conference this morning.
And this from the leader of the “Party of Ideas”.
Posted by marindenver on 07/15/10 at 06:55 PM • Permalink
