I want it to go on record that i like the idea behind wall-street reform. However i am very skeptical on how this administration will handle it. we all know that President Obama rushed healthcare reform when he should have waited for the economy to be "healthy" and a more comprehensible way to pay for it.
Financial reform is something that defiantly cant be rushed and brings up concerns. This seems more like a political move by the democrats, so that for the midterm elections they will have a better "resume". The republicans will also likely use this as a political move.
Supposedly the wall-street reform bill will be more harsh on banks but all they give the public is small summaries. because they know the majority of people will not go and read the whole bill. so unfortunately we may never fully understand what is in this bill.
so those are my thought on the bill feel free to share what you guys think about this.
