2010-07-20nakedcapitalism.com

"More depressing news from the “change” President. The Washington Post has reported that one of the major impacts of the FinReg bill passed last week by Congress is the accretion of new power to Obama’s Treasury Secretary. According to the Post, Tim Geithner stands to inherit vast power to shape bank regulations, oversee financial markets and create a consumer protection agency."



Comments:

catherine at 03:22 2010-07-21 said:
offlmfao ................they are shooting at the lights................

Executive Branch and Fed got all the power, (OVER ALL OUR FINANCES ---PUBLIC AND PRIVATE!) and they neutered Congress..........in our faces.............while some still bash bush and scream they all do it.................... :roll: Permalink

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