Wall Street reform passes Senate

Wall Street reform passes Senate

There are 8 comments on the CNN story from Jul 15, 2010, titled Wall Street reform passes Senate. In it, CNN reports that:

The Senate on Thursday afternoon passed the most sweeping set of changes to the financial regulatory system since the 1930s, sending the Wall Street reform bill to President Obama.

Join the discussion below, or Read more at CNN.

bottlecap

Plant City, FL

#1 Jul 15, 2010
Srange, since the two main financial entities that caused the trouble on Wall Street, FANNIE MAE and FREDDIE MAC, are not affected by this bill.

Of Course, Fanny and Freddie were CREATED by the Federal Government. Hmmmmm

"Fascism should more appropriately be called Corporatism because it is the merger of state and corporate power."

Benito Mussolini
citizen

Crossville, TN

#3 Jul 16, 2010
its about time.
bottlecap

Indian Rocks Beach, FL

#4 Jul 16, 2010
This, from an article written in 2003:

"Fannie Mae and Freddie Mac are the only two Fortune 500 companies that are not required to inform the public about any financial difficulties that they may be having."

In the event that there was some sort of financial collapse within either of these companies, U.S. taxpayers could be held responsible for hundreds of billions of dollars in outstanding debts."

http://hnn.us/articles/1849.html

The BIG SCAM is that the BAILOUT was pre-planned for these Democratic Party supported GSE entities.

No reform here---just a fascist government power grab.
real Hope and Change

Rochester, MN

#5 Jul 16, 2010
Wall Street reform passes Senate Yea democrats good start on taking our economy down completely
liz

Atlantic, VA

#6 Jul 17, 2010
Who does our government listen to, not one american
citizen. Obama moves in and the people do not
exist. The government walked in and we lost of
country. Yet with every speech, with every new
program, the blame goes back to Bush. How many
of you are still buying it? What do you intend to
do about it? The black panthers going to tell
you what to do? With each speech, and promise,
we are taken over by unknowen laws that will
ruin us all. Anything you or I say, means
exactly NOTHING.
bottlecap

Largo, FL

#7 Jul 17, 2010
liz wrote:
Who does our government listen to, not one american
citizen. Obama moves in and the people do not
exist. The government walked in and we lost of
country. Yet with every speech, with every new
program, the blame goes back to Bush. How many
of you are still buying it? What do you intend to
do about it? The black panthers going to tell
you what to do? With each speech, and promise,
we are taken over by unknowen laws that will
ruin us all. Anything you or I say, means
exactly NOTHING.
We are not listened too because the GLOBALISTS own and control the MSM and have skewed every election since the advent of commercial viable coast to coast television in the 1950s.

"We are grateful to the Washington Post, the New York Times, Time Magazine, and other great publications whose directors have attended our meetings and respected their promise of discretion for almost 40 years. It would have been impossible for us to develope our plan for the world if we had been subjected to the bright lights of publicity during those years. But the world is now more sophisticated and prepared to march towards a world government."

"The super-national sovereignty of an intellectual elite and WORLD BANKERS is surely preferable to the auto-determination practiced in past centuries."

David Rockefeller, Bilderburg Meeting 1991

Like it or NOT; the GLOBALISTS are calling the shots and they put Obama in the White House to persue their agenda.
six is good

Benton Harbor, MI

#8 Jul 17, 2010
id invested in stock if they had some insurance for complete insider rip offs and media hype meters
Jones

“It's about the American People”

Since: Jun 07

Flushing, NY

#9 Jul 22, 2010
It is the new bill of new million regulations of "Obamaland" but nobody actually knows what is in the bill that will make Obama the owner of every bank account and gold coins of every American in the land of lies and deceit called America.
Obama and the IRS will be able to check every financial transaction in Obamaland and decide if it is OK for the communist dictator Obama regime agenda or not.
Every student, car or business loan need Obama’s approval as the king of Obamaland and evidently Sarah Palin will never qualify to the Obama loans because she does not support social justice.
If Obama does not like your financial or stock transaction he will be able to investigate your bank account with his IRS hordes.
In addition every CEO of every corporation, small business and every 401K account owner will be checked in Obamaland to make sure that no regulation was broken for the good of the welfare check receivers.
NY City stock market will become museum of financial success before America became welfare Obamaland under the fake dictator Obama when the stock market will move soon across the ocean.

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