Water Over Gold
New member
I know Chris Dodd wrote a reform bill. (Lol........I'm sorry, the idea of Dodd "reforming" anything is like expecting lead wings to help you fly)
I know that Republicans have floated a counter proposal. (The other party, ALSO owned by Wall Street interests.)
However the reporting on these two has been atrocious. The lack of details almost seems intentional.
So does anyone have links to the actual text being talked about??
For instance: Is this "consumer protection agency" part of the Treasury Dept. or part of the Federal Reserve??
Who has the authority to decide whether or not a bank must be dissolved??
How do each of these proposals try to deal with the Fannie/Freddie obligations currently off the books??
Is there any mechanism that would separate commercial from investment banking??
Is there a FULL audit of the Federal Reserve still included?? (transparency)
http://news.yahoo.com/s/ap/20100428/ap_on_bi_ge/us_financial_overhaul
I know that Republicans have floated a counter proposal. (The other party, ALSO owned by Wall Street interests.)
However the reporting on these two has been atrocious. The lack of details almost seems intentional.
So does anyone have links to the actual text being talked about??
For instance: Is this "consumer protection agency" part of the Treasury Dept. or part of the Federal Reserve??
Who has the authority to decide whether or not a bank must be dissolved??
How do each of these proposals try to deal with the Fannie/Freddie obligations currently off the books??
Is there any mechanism that would separate commercial from investment banking??
Is there a FULL audit of the Federal Reserve still included?? (transparency)
http://news.yahoo.com/s/ap/20100428/ap_on_bi_ge/us_financial_overhaul