Obama's financial reforms

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rboni
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Obama's financial reforms

Postby rboni » Sun Jun 21, 2009 5:10 am

The financial sector is bloated and will remain so.

Financial institutions that are too big to fail will still be too big to fail.

The derivative casino is still open for business.

The wealthy have too much and therefore the demand for fantasy finance gambling will continue.

The proposed regulations don't pay us back.

http://www.huffingtonpost.com/les-leopold/obamas-financial-reforms_b_217375.html?view=screen

http://www.forbes.com/2009/06/18/obama-financial-regulation-banking-economy-opinions-contributors-roy-c-smith.html
Styrax
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Re: Obama's financial reforms

Postby Styrax » Sun Jun 21, 2009 1:57 pm

I guess he's making the government too big to fail. Until things truly "change", we are going to stay on the same road we're on. The same people who put us in this mess with regulations are the same people who propose to fix it with more regulations. How does the saying go, "if you have a broken arm, you don't go to the doctor who broke it in the first place?"

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