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    State Sovereignty Takes Another Hit

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    Jess McVay

    Posts : 35
    Join date : 2010-05-20
    Age : 65
    Location : Dover,DE

    State Sovereignty Takes Another Hit

    Post by Jess McVay on Thu May 20, 2010 11:48 pm

    I try to follow what's going on with the financial reform legislation, but it is a complicated subject, and the MSM seems to be largely ignoring the issue. I'm not fluent enough in all that is going on, but I found this article disturbing. Bottom line: The Senate, thanks to Tom Carper, has amended the "reform" bill to prevent states from exercising their authority to regulate some aspects of banking. Yet another example of the feds usurping the authority of the states and no one makes a peep about the Constitution.

    This Zero Hedge post by Dylan Ratigan is an interesting summary of some of the crap going on in Congress in the name of reform. What it really is is crony capitalism at its worst.

    Hate to say it, but we are doomed! These bastards won't quit until they've sucked the last drop of blood out of every investor and taxpayer in America.

      Current date/time is Mon Aug 20, 2018 3:10 pm