First, it is reform only by "the soft bigotry of low expectations." In reality, it ain't close.
Problem No. 1, of course is that President Obama has never seriously weighed in on either house's version of this bill, other than to talk about regulations he sees as too prohibitive.
Considering what everybody except dyed-in-the wool Obamiacs will admit, that Wall Street tilted strongly Democratic in 2008 presidential election giving, and was a primary reason Obama, after a sufficient feint to the clueless/naive John McCain, was able to opt out of public campaign financing.
One wonders if he's not pushed for a stronger bill for exactly that reason, for 2012?
Actually, I don't wonder. I'm pretty sure.
Anyway, for a more humorous, yet still serious look, at all that's wrong with the "reform," go here.
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