Difference between revisions of "About That Financial Reform 'Victory'"

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Latest revision as of 18:45, July 16, 2010

This is an opinion item.

Author(s) Kimberley Strassel
Source The Wall Street Journal
Date July 16, 2010
URL http://online.wsj.com/article/SB10001424052748704682604575369360615508520.html
Quote
Quotes-start.png "All the forces of the White House's populist fury against Wall Street couldn't net it more than six House and Senate Republicans in total. That's because, like stimulus and health care, Democrats turned the financial regulation bill into a monstrosity. What started as a promise to streamline and modernize the financial system turned into 2,300 pages of new agencies and new powers for the very authorities that fomented the financial crisis." Quotes-end.png


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This item argues against the position Act should be passed on the topic Restoring American Financial Stability Act.