Dodd Planning Vote on Financial Reform TODAY, Massive "Managers Amendment"

[Political Heretic]

Reform Ramrod! If you can believe this, they are planning on voting on Dodd's bill at 5pm EST. Attached is Dodd's manager's amendment. So, this is being introduced, no time to read it and they are going to vote this bill out of committee, now.

...

Folks, I do believe the Consumer Financial Protection Agency is becoming a ruse.

Now, while I am all for an independent CFPA (Consumer Financial Protection Agency), I do believe we're being set up to get all of the focus on that war, instead of the real one, which should be derviatives regulation.

Have you noticed this? We're being set up. Pretty much the only thing that makes the news is the battle over the CFPA, all the while the real big kahuna, the thing which puts the entire globe including sovereign nations at risk....is derivatives.

Now we're getting reform ramrod and a most notorious activity is to introduce a "managers amendment", at the last minute, which no one can read and digest (due often to legalize referencing other clauses in other bills) in time to stop it.

http://www.economicpopulist.org/content/dodd-planning-vote-financial-reform-today-massive-managers-amendment

Update: Dodd's Financial Reform passed out of committee in 21 minutes. The only hope is some serious modifications and amendments to completely change it on the Senate Floor.

More snake-oil for sale. :eyes:

[Political Heretic]

1. kick. It may not be sexy, but its important.

[msongs]

2. good thing he's retiring this year. one less corporate brown bagger in the senate nt