Monday, October 12, 2009

Financial Reform Round 1: Obama vs. Wall St., Blue Dog Dems

From In These Times.

"Just over a year after the financial meltdown spurred government bailouts, loans and guarantees worth a staggering $17.5 trillion to the financial industry, as author Nomi Prins reports, leaders in the field are finally paying consumers back. How? They're fighting hard against a Consumer Financial Protection Agency and gutting what reform advocates say is any meaningful oversight of the wild-and-woolly $450 trillion "derivatives" market that sunk the world economy."

Want to know how to best handle YOUR OWN money? Try the public library's 332 section. Obviously, government and Wall St. aren't going to do it for you.

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