Saturday, July 24, 2010

Too Big to Fail

Robert Monks discusses the effectiveness of the new financial regulations with respect to "Too Big to Fail".

Once again president Obama seems to think he can sell a weak bill that is primarily a concession as "sweeping" reform. Once again he uncle tom'd his base without a spirited defense of their values.

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Foot Quotes

"Ignorance more frequently begets confidence than does knowledge"

Charles Darwin