Senator Dodd’s Regulation Plan: 14 Fatal Flaws

Webmaster's Commentary: 

At its heart, this bill . . .

* creates a bailout fund for the creditors of large, failing firms

* puts the government in control of the financial industry, and
potentially the entire economy,

* and stacks the deck in favor of the largest corporations against
smaller competitors

* but won't address the root causes of the 2008 collapse - the Fed's inflationary policies and the housing bubble it created

* cancels the audit of the Federal Reserve

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