Thursday, July 22, 2010

New Fin-Reg Law Only a Half-Measure

By Danny Schechter
July 22, 2010

With eleven pens for souvenirs, President Obama signed the financial reform bill in a rare celebratory moment.

Read on.

1 comment:

Anonymous said...

"Capital must protect itself in every possible manner by combination and legislation. Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers. This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world. By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."...

USA Banker's Magazine, August 25 1924