[EBH]

This comprehensive and far-reaching legislation injects transparency and accountability as it lowers leverage into the financial system run amuck under the Republicans' reckless economic policies. This legislation makes common-sense reforms that end the era of taxpayer bailouts and 'too-big-to-fail' financial firms. It establishes a new, independent agency solely dedicated to protecting Americans from anti-consumer abuses. The bill closes the door on predatory lending and regulates payday lenders. It includes provisions to allow us to conduct oversight over the Fed, establishes tough rules for risky financial practices, enhances oversight for credit rating agencies and reigns in egregious CEO bonuses by giving shareholders a say in executive pay.

[RexBeach]

I am nearly dumbstruck by the idiocy of this legislation.

This is like instructing a drunk that, if he wants to sober up, he should drink more.

OMG.