Editorials - United States - Panafrica - Politics - Governance
While the ‘blue’ faction of the American public believe that another feather has been placed in the cap of U.S President Barack Obama following his signing into law of what has been described as the most sweeping overhaul of lending and high-finance rules since the Great Depression, the ‘red’ public believe another feather has been removed from his cap.

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President Obama's new financial law, a plus or a minus? -
We have been raped by the financial co's, they have spent 100's of million lobbing or campaign donations between 1990' and present. No wonder some of these congressman are concern they dropped the ball for the financial companies. I think the law should have been tougher. We also should have the Fed insurance Rate higher to reflect for the companies that had claims (bail out) to reflect their claims and that every 20 years (S&L mid 80's) need a bailout. 20 years they need $3.2T bailout - Thursday 22 July 2010 - 17:23



 


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