[quote=Allan from Fallbrook][quote=briansd1]Remember, Sarbanes–Oxley Act of 2002 signed into law by George W. Bush?
There was a lot more bi-partisan support back then. (423–3 and 99–0)
What we have now is the Party of No, Hell No!
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We just have to wait see what the outcome of the SEC lawsuit is.
And we’ll see who supports financial reform and who doesn’t.[/quote]
Brian: How does everything manage to get framed by you in a partisan context?
How does Sarbanes-Oxley fit into this?
And, do you really believe that there are any teeth at all in the Dodd bill? Meaning, do you think that is honest financial reform?
None of these issues has dick to do with right or left, or Dem versus Repub. Its ALL about money, hence my earlier question as to why the Dems haven’t been going after Wall Street with an axe (hint, its cuz the banksters are throwing bags of money their way, too).
Wake up and smell the lucre, Bubba. Its a rigged game. As the old saw goes: If you can’t find the sucker in the game, chances are its YOU.[/quote]
Brian, if you want to frame this up as a partisan thing, you might also want to check out Glass Steagall when and how it was repealed. Both parties contributed to this mess, dude.
You’re dreaming if you think the SEC is any better then the way it was before. Your brightest aren’t going to be working for the SEC. Your brightest are working for those banks with that 20x bonus carrot dangling in front, creating the next complex financial models that once again the SEC will not understand…Rinse and repeat.. BTW: it’s getting very close to election time. Coincidence that Obama is suddenly pretty quite about Wall Street reform????
