Questions

Here’s a question for you. Would you give Dick Cheney the power to take over any financial institution solely based on his opinion and without having to provide any objective evidence for his actions? What if he felt it was “too big to fail” and it was on the brink of insolvency? Then would it be okay? What about Sarah Palin – would you give her the power? Is there anyone you would give that power to?

If you think I’m a raving lunatic then you might want to do a little research on the Financial Regulation bill that was passed by the House last year and is currently being discussed in the Senate. After you confirm that I don’t have bats in my belfry and that the bill will give whoever is president the power set out in the above scenario, you might want to give some thought to the repercussions if the bill is passed and whoever is President and whoever his appoints as his Treasury Secretary are given the that power....Posted by LG 04/20/2010