Thursday, July 15, 2010

Another Democratic Success!

From AP:

Congress on Thursday passed the stiffest restrictions on banks and Wall Street since the Great Depression, clamping down on lending practices and expanding consumer protections to prevent a repeat of the 2008 meltdown that knocked the economy to its knees. "I'm about to sign Wall Street reform into law, to protect consumers and lay the foundation for a stronger and safer financial system, one that is innovative, creative, competitive and far less prone to panic and collapse," President Obama said.

Regulations to protect consumers and avoid another economic collapse like the one that started exactly three years ago. Who could be against that?

Orange John and the Regressives in Congress, of course. Enact rules to protect the American consumer from huge predatory corporations? The republicans will have none of that. They already are making noises about repealing it if they get the majority in Congress.

A vote for ANY Republican this November means handing the keys back to the very people who drove the economy into the ditch in the first place.

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