Bank Bill That Rewards Unions Headed to Obama’s Desk
The Dodd/Frank Wall Street bill (oh, the irony) just passed the Senate and is headed to President Obama’s desk. Obama will be signing into law what Bob Belvedere calls the Fascist Take Over of the Free Market bill. To recap, it does nothing to address the Fannie Mae and Freddie Mac problem that was at the center of the financial crisis. Nor does it do anything about “too big to fail” which, if I recall correctly, was the original intent of financial reform.
What the Fascist Take Over of the Free Market bill does do is reward more of the Democrats favorite special interest groups. Today we found out that the unions weren’t overlooked. Surprise, surprise. …….
(Excerpt) Read more at lonelyconservative.com
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