Thursday, January 21, 2010
Obama has again pulled Volcker into his photo ops, and is talking tough about putting limits on the size of banks, restoring the "spirit" of Glass-Steagall, and curtailing the giant banks' prop trading operations.
I'll believe it when I see it (in the fine print).
They talked tough about reforming health care to make it better to the American people, but ended up crafting a bill which is a giveaway to the giant insurance companies.
I'll only get interested if I see a bill that actually does something ... and whose fine print doesn't create more loopholes than it plugs and more gifts to the financial industry than it removes.