Skip to comments.WHAT? Dodd: It Will Take Another Economic Crisis To Determine If Financial Reform Worked
Posted on 07/15/2010 12:10:12 PM PDT by i88schwartz
"It is not a perfect bill, I will be the first to admit that. We don't know ultimately how well the ideas we've incorporated here will achieve the results we desire. It will take the next economic crisis, as certainly it will come, to determine whether or not the provisions of this bill will actually provide this generation or the next generation of regulators with the tools necessary to minimize the effects of that crisis when it happens," Sen. Chris Dodd said Thursday.
(Excerpt) Read more at realclearpolitics.com ...
And just like the “Stimulus” we need it right away! No time to lose!
So let’s get that second economic meltdown going so we can see the results of this thing. Time’s a-wastin’
Dodd musta got his talking notes from Pelosi, it sounds like her
...wonder how many bureaucrats it employs?
How does someone that stupid live so long?
He is worried about tools for Regulators!
We are worried about this generation and the next generation of citizens to survive this Rats mess!
"If it caused another Financial Crisis, we'll know it was another 'Rat Triumph".
At the rate the Dems are going, we won't have to wait long to find out.
A government caused crisis needs a government solution so that another government caused crisis can occur that will need a government solution....
Reminiscent of Butch Reno on Waco: “We had to kill the children to save them.”
I've always considered myself cool-headed with respect to politics, but I'm really getting tired of this.
These idiots just keep saying crazier and crazier sh*& so that when they say soemthing a little less crazy, it doesn’t sound crazy at all. Dumbing us down on the crazy meter.
I think Chris dodd needs to be fed to the fish because we won’t know what he looks like until he comes out.
Let’s put Dodd’s words in plain English:
“We didn’t know what we were doing, but we did it anyway.”
Notice, that this bill, from the time the first drafts of any part of it were ever produced, to now, has all preceded any findings and conclusions of the special Congressional committees that were established to determine the origins of the “financial crisis”. No reports have been completed and yet they still expect to do so.
That makes this bill one of the largest “cart before the horse” pieces of legislation the U.S. Congress ever produced.
From that fact alone, one can conclude, that the bulk of this piece of crap has nothing to do with fixing anything directly related to that crisis; and further, that the mass of its new Federal powers and regulations were never intended to solve anything about that crisis.
The bill, taken as a whole, is merely a “never let a crisis go to waste” act of simply expanding federal power and authority for its own sake, as if that expansion, no matter what it actually does, is the definition of “reform”.
This Bill is meant to destroy the private sector and it’s working very well.
My wait and see line is just a stall tactic, a smoke screen meant to keep stupid people unawares.