Senate passes Wall Street Reform

Senate passes sweeping Wall Street reform - Business - Stocks & economy - msnbc.com

WASHINGTON — Congress passed a sweeping overhaul of America's financial regulations Thursday, securing for President Barack Obama his third major, hard-fought legislative victory.

Obama said he will sign the bill next week.

"I'm about to sign Wall Street reform into law, to protect consumers and lay the foundation for a stronger and safer financial system, one that is innovative, creative, competitive and far less prone to panic and collapse," the president said at the White House.


The bill has been Obama's top domestic priority after the passage of health care legislation and his early victory in setting up a nearly $800 billion fund to pump life into an economy hit with the deepest downturn since the Great Depression of the 1930s.

Oh great... more regulations from the regulators that told us we were crazy for thinking Freddie and Fannie were in trouble.

Stupid fuckwits.

.....Said the clueless, History-challenged Teabagger.

:eusa_whistle:

July 21, 2010

"This morning the President signed yet another landmark piece of legislation putting the middle class above the special interests that for so long had a stranglehold on America's government."


Way to stay on top o' things, SKIPPY!!!!!!

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