I’ve been plowing through Senator Chris Dodd’s 1,300-page bill to overhaul financial regulation, and I’m surprised. At first glance, it is tougher and better than I had expected.
Readers beware: it’s not a pretty piece of work. Kids! Do not read this at home. It makes the prospectus for a subprime mortgage-backed security look like a model of clarity.
The bill is full of murky exclusions, exceptions and hair-splitting -- usually a red flag that our elected representatives have capitulated to big-money interests and disguised the bombshells behind eye-glazing boilerplate.
But there are a lot of genuinely tough changes, and the bill is a lot less ugly than it first appears. (continued)
‘Deportations have a different look after Minneapolis’: White House changes
rhetoric on immigration
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A POLITICO social media analysis from major administration accounts shows
only one mention of the phrase “mass deportations” after Feb. 12.
2 hours ago
that's pretty surprising. we'll see how long the good provisions last before the bankers get them stripped out
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