Financial Reform Passes Senate; Unions, Activist Groups Receive Another Obama Pay Back
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- Created on Thursday, 15 July 2010 19:48
By a vote of 60 -39, the Senate today passed the Dodd-Frank Financial Regulation Bill, which is ironic because both Dodd and Frank played one of the most significant roles in the economic meltdown of 2008. Joining the Democrats in passing the bill were three moronic Republicans: Scott Brown, Susan Collins, and Olympia Snowe. Other than not regulating mortgage lenders, such as Fannie Fae and Freddie Mac, two companies at the crux of the crisis and both have significant ties to Dodd, and sexually to Frank, the bill does little to prevent a financial disaster in the future.