Democrats Cheer the passing of their 'Financial Reform'. Tells America to wait until the next Financial Crisis to see if it works.

Democrats Cheer the passing of their 'Financial Reform'. Tells America to wait until the next Financial Crisis to see if it works. Scotty Starnes | July 15, 2010 at 4:54 PM | Tags: Barack Obama, Barney Frank, Big Banks, Chris Dodd, Democrats, financial crisis, financial industry, financial reform, government regulators, Obama, President Obama | Categories: Uncategorized | URL: http://wp.me/pvnFC-1Ql

The reason America is fucked=The Democratic Socialist Party

Yes, this has become the Democrats pattern: Pass a bill that nobody read...claim it is about reform and to protect the American people...then tell us we will have to wait until the next financial crisis to see if it works. Are you fucking serious?

A sweeping crackdown on banking and high-finance broke through a Senate Republican blockade Thursday, setting the stage for Congress to send the massive regulation overhaul to President Barack Obama.

The vote to end debate was 60-38, the minimum needed to overcome a filibuster. But that ensured that the bill has the votes for final passage, which could come later Thursday.

At a thud-inducing 2,300 pages, the legislation is designed to rein in big banks and protect consumers, with the aim of averting a repeat of the 2008 financial crisis. Its ultimate impact, however, will depend on the government regulators assigned to implement it.

This next quote if from the creator of the financial mess we find ourselves in now and he is the creator of this "reform bill"...retiring Democrat Chris Dodd:

Speaking on the Senate floor Thursday, Dodd, D-Conn., conceded that the bill's impact will not be evident immediately.

"It is not a perfect bill, I will be the first to admit that," he said. "It will take the next economic crisis, as certainly it will come, to determine whether or not the provisions of this bill will actually provide this generation or the next generation of regulators with the tools necessary to minimize the effects of that crisis."

We have to wait until the next financial crisis to see if the Democrats' Financial Reform bill works? Brilliant idea! I thought this bill was passed to prevent any future financial crisis from happening?

Sounds like Dodd has taken a page from Nancy Pelosi's playbook. Pelosi informed us that ObamaCare had to be passed so we could find out what's in it. Now Dodd is saying the same thing.

We are fucked America. Fuck, fuck, fuck, fuck....FUCKED!

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