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So how is that reforming Wall Street thing going?

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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-16-09 04:35 PM
Original message
So how is that reforming Wall Street thing going?
One year after the crisis went to red alert, what has congress done to correct the situtaion that caused the intial crisis?

The President has presented some reforms, but given the fact we can't get a public option even though 70% of Americans support it what is the possibility of getting reform in the banking industry after they wrecked the US economy?

I'm beginning to think there will be no reform without serious campaign finance reform.
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-16-09 05:20 PM
Response to Original message
1. According to in depth report CRose, article New Yorker, report CNN
No structural reform that would prevent Wall Street from repeating
its terrible mistake. In fact, some of these reporters say Wall
Street is up to its old tricks.

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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-16-09 05:21 PM
Original message
congress won't do shit...we all know that.
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-16-09 05:22 PM
Response to Original message
4. Can't wait to see them try to sell Bailout number 2
:rofl:
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QC Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-16-09 05:21 PM
Response to Original message
2. Why do you hate America? Why? n/t
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durablend Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-16-09 05:22 PM
Response to Original message
3. Hey, they're giving them our money as fast as they can!
Lighten up a little!
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-16-09 05:23 PM
Response to Reply #3
5. When they break things again
Selling the second bailout with a 10-20% unemployed populace isn't going to be as easy.
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