Then there is the issue of financial reform...

Of course lots of people are dissatisfied with the result. However they are not in agreement about what is wrong or how to do the bill differently.

It is worthwhile to consider that some peole who have no vested political interest are fairly positive about the bill.

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My law professor verdict: There are many things to applaud in this bill and much in there that will substantially enhance the government’s power to regulate the financial industry. On the whole, if you think that the financial industry needs more supervision and financial regulators more tools, you should be relatively happy. If you are an advocate of big world changing ideas like breaking up the banks, you will be less so.

Even then, in these 2,300-plus pages are years of regulation in the making. This regulation, and the “hidden” provisions of the bill that most people have yet to notice, may bring substantial change along the big ideas of what some of these economists advocate.
Steven Davidoff--Professor Davidoff...isciplinary research in law and finance.

OK... so I admit that Davidoff has actually written several books about the subject of Law and finance, and he actually read the entire bill... Surely that is enough to disqualify his opinion in the face of the expertise of Doug Thompson.


"It's not a lie if you believe it." -- George Costanza
The whole problem with the world is that fools and fanatics are always so certain of themselves. --Bertrand Russel