A Huge Loophole!

Posted by TomCat at 2:11 am Politics

May 062010

As Financial reform moves forward in the Senate, there is still lots to change.

The financial reform bill made it through the first Republican filibuster last week and is being debated and amended now on the Senate floor. Regulating Wall Street isn’t easy, though, and economics journalist Zach Carter has noted that the proposed reforms are "pretty flimsy"–he uncovered a loophole that allows banks to continue to make illegal trades without punishment!…

Inserted from <Grit TV>

Here’s the video.

This subject dovetails with our current poll. If you haven’t voted yet, it’s at the top of the right sidebar.

2 Responses to “A Huge Loophole!”

Lisa G. says:

May 6, 2010 at 7:28 am

That guy looks like he’s fourteen, but he does sound like he knows what he’s talking about. We need this bill be to stronger, not weaker. Do not give into the banksters and the Repubs!
- TomCat says:
  
  May 6, 2010 at 2:04 pm
  
  That’s exactly what I thought, Lisa.

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