Socratt I posted about this bill a few months ago when I was talking about the power grab. (Power meaning energy)… Big Nancy has here hands all over this one…
It is really scary what is going on… What is scariest to me is that these pieces of legislation are not to easy to “undo” once they are put through no matter who is in office.
I was also thinking that this sort of stuff is much easier to sneak through in a low interest rate environment. Just think how much of a bottleneck this will be when rates are sky high. This pretty much puts the government in the catbirds seat to dictate any sort of financing unless privateers want to cut through the beauracracy.
What is scariest to me is that we are not even 7 months in yet and when guys like Al Franken become a senator to give a supermajority …. well….the fun has just begun.