"The financial industry is central to our nation's ability to grow, to prosper, to compete and to innovate," Obama said, speaking on the South Lawn of the White House shortly after he returned from a trip to Michigan. "This reform will foster that innovation, not hamper it."[...]"The American people will never again be asked to foot the bill for Wall Street's mistakes," he said. "There will be no more taxpayer-funded bailouts -- period."
The financial bill has no teeth in it, and will not change anything of strategic significance. Note the Liar-in-Chief's careful wording: "no more TAXPAYER-funded bailouts." Meanwhile, Bernanke is getting ready to set a new world record in creating dollars out of thin air, and giving them to bankers so they can buy up the world and inflate our currency out of existence. If credit were judiciously created and utilized to stimulate work which efficiently contributes to the physical economy (stuff like power plants, aqueducts, rail systems, and new cities), it would create an economic boom, but Obama's and Congress' goal, as agents of an enemy power, is to create an epic bust and kill most of us.