Re: House passes financial reform bill

So you are all for spending all this money to set up an agency that you admit will not fix the financial institutions at all.   Guess you need to explain the logic of spending even more money we don't have to create an agency that will not work and that we know going in will not work but your complaint is that the Republicans ignored the problem.  In fact the Republicans spent 8 years trying to get the Dems to actually admit that the problem existed and help do something about it to no avail.  Dodd, Kennedy, Obama, Waters, Lewis among others all worked their buns off to keep the Republicans from actually doing anything and their media buddies and buddies at FM/FM helped them along.   Now you are complaining that doing nothing should be trumped by spending big bucks to do nothing.   Makes perfect sense to somebody but not me.

studio wrote:

On Jul 15, 3:26 pm, dick thompson <rhomp2...@earthlink.net> wrote:   

And you really believe that this mess that does not even address the major problem areas of the economy, does nothing about jobs, creates a whole new agency to do the same jobs that several agencies already are taxed to do with all the startup costs, staffing problems, and overlapping rules and regulations that have not been defined will solve the problems in the economy.   You really believed that Dodd, Schumer and Frank are capable of developing a good plan for fixing the economy when they can't even recognize the problems that George Bush told them were the problems for 8 years.  More fool you.   A repeal would be a godsend.     

 As a matter of fact I don't believe Obama's plan will fix the financial institutions at all. But I also don't believe that Republicans ignoring the problem and doing nothing will fix it any better.