Three reasons why the new financial bill is bull

July 3, 2010

For Reason.TV, Nick Gillespie walks us through the reasons why the financial regulation bill the Democrats are trying to ram through Congress doesn’t address the real problems with our financial system:

I’ve no doubt there are some good ideas in this bill … somewhere in its 2300 pages, but it’s failure to address core problems, such as the government’s continued attempts at using the financial system as a vehicle of social engineering, make it fatally flawed. It should be withdrawn or defeated, and work started on real reform.

Advertisements