Wall Street un-reform
The bill includes language repealing part of the Dodd-Frank Wall Street reform law that will allow banks covered by the Federal Deposit Insurance Corporation to directly engage in derivatives trading.
This set off the biggest political storm for the legislation, as Sen. Elizabeth Warren (D-Mass.) led a liberal insurrection against the White House, which decided not to fight Republicans over the measure.
Wall Street lobbied for the change, and the bill will be sent to Obama with the language in it.
What the 1.1 trillion spending bill contains TheHill
Don't you get it? It was "derivatives trading" from the deregulated economy under Bush that gave us the recession and brought down the world economy. It wasn't enough for the GOP. They will do anything to "finish the job" started under Bush.
Bush did not deregulate anything, that was done under Clinton. What Bush did is try twice to end the Housing financial problems and Dodd and Franks stopped him both times. And stopped McCain a third time. Hell Franks was on National TV just before the bust INSISTING that the housing market was fine and the only danger it faced was more regulations.
dodd and franks couldn't stop them, the republicans controlled congress and all the leadership positions, and had the majority.... stop trying to fool yourself...and put blame elsewhere...
ROFLMNAO!
DELUSION PERSONIFIED!
You speak of 'stopping' them, as if the GOP was some machine, with all components working in sync, without any means to be influenced by outside forces.
Dodd, Frank, Waters, Conyers, et all all ASSURED the nation that there was no problem. These were influential people who used their offices to buy influence to parlay favors into complicity. They had many allies within the GOP, whose majorities was sliverous, The GOP senate majority was by, IRRC, one seat... which went in 04 to the DNC when a Republican (whose name escapes me at the moment) simply changed parties. His party affiliation was irrelevant, except where it provided Majority status and the perks of leadership status, because the guy voted with the Democrats almost every time he voted and he was no exception. Most of the GOP in the Senate are very liberal people and the House while slightly more conservative was far and away majority liberal, without regard to party affiliation.
Look a today's congress... Boehner is a RINO in the extreme and his Speakership comes as a result of the Liberal Majority in the GOP.
As I said earlier, Americans haven't enjoyed a legislative except for the 94-96 "Conservative Revolution", which was the best thing that ever happened to Clinton... providing him the benefit of the inevitable consequences of applied American principle, with stark increases in the Labor Participation rate, due to the dramatic reductions in Welfare Spending and cuts to other 'social Justice' nonsense... which provided for the Myths regarding the 'successes of Clinton Policy'. Clinton's policies resulted in that Congress... and that congress resulted in profound economic success.
American principle cannot fail, as it is merely the recognition and application of natural law.
The Left merely contests it, because you people are animated by Evil.