New Financial Overhaul Bill is going through Congress

The new financial reform bill is the second time barack has pulled this trick. He makes a bill 2,000 pages long, no one reads it, no one knows whats in it, and demands a vote. Once independent Americans take a look and see whats in the bill they are horrified and flood Congress with calls not to vote for it. Obama presses on anyway and all sorts of back rooom deals are cut and strong arm tactics used.

I sincerely hope that this bill doesn’t make it through Congress. Though I haven’t read it, it no doubt will contain sweeping new powers for the government to come in and take over operations and companies with vague pretenses. A “power grab” as drudge has on his website.

Barney Frank was the main arcitecht of the bill. The same one that forced all these subprime loans to be made which destroyed fannie mae and freddie mac. Why anyone would turn the reins of financial reform over to him is beyond me. He hasn’t been right on anything financial or otherwise in his entire career.