Dodd /Frank -- A Monster of a Bill

Congratulations, Barney Frank and Christopher Dodd -- you got your financial regulation bondoggle passed. Both of these guys want their names on this stupid bill. First it was Frank/Dodd...then it was changed to Dodd/Frank, in honor, I suppose, of the Connecticut Coxcomb's pending retirement to his bargain villa in Ireland.

The better name for this legislation is Frank-n-Dodd because it will have unintended consequences and is a monster of a bill. Here's to the two egomaniacs who wheeled and dealed to get this bill passed.

God help us all. When will we learn that more regulation just means higher costs and another future blowup in the financial sector. Anyone who thinks that Barney Frank and Chris Dodd know what they are doing need only to look at their oversight of Fannie Mae and Freddie Mac, which are now penny stocks.

I rest my case.




Enjoy your retirement and lavish government pension. Mr. Dodd
 

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  • 6/28/2010 1:20 PM Michael wrote:
    maybe now they can move onto more important things to regulate...like starbucks charging $5 for coffee. Now thats a racket!!
    Reply to this
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