Apr 272010

President Obama commenting on two days of Republican filibuster to stop financial reform:

“It’s one thing to oppose reform but to oppose just even talking about reform in front of the American people and having a legitimate debate. That’s not right!” the president said in Ottumwa, Iowa. “The American people deserve an honest debate on this bill.”

This is pathetic. Senator Dodd’s bill is extremely weak, doing nothing to limit bank size, control derivatives or proactively address leverage ratios. We should be talking about how to strengthen it, by passing the Brown/Kaufman bill and the derivative reform out of the Agriculture Committee, but instead the Repos want the bill weakened. They are the dutiful lackeys of their masters on Wall Street, and it makes me sick!

Read the Article at HuffingtonPost

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