Wed april 21 2010

No one ever titled a bill

Whoops we really goofed up and should have done this sooner, 

such legislation is always couched in terms like

Technical Corrections Act

Financial Reform Act

to make it sound like congress is not just covering up their past lack of oversight which of course is exactly what they are doing

In this case the 1300 page bill is much more in line with the Admin desire to control every aspect of the economy and your life, there is nothing in the bill about FNM or FRE, the two giants that caused much of this, nor is there anything about the involvement of the govt in urging people who could not afford houses to buy them and for the govt to insure that debt, no accountability as usual

But here is a summary of the bill

Posted in

Leave a comment