Republicans handing talkingpoints to democrats.

Discussion in 'Politics & Religion' started by KINGOFSHORTS, Apr 26, 2010.

  1. http://www.msnbc.msn.com/id/36770907/ns/business-us_business/

    One thing Joe Sixpack hates is Wallstreet and the Financial industry, The Republicans are trying to align themselves with Joesixpack but it seems that the Republicans saying no to Financial reform seems like giving the Democrats a free pass.


    "Hundreds of lobbyists for banks and Wall Street, sometimes working closely with Republicans, have been working for months to block the reform plans, which threaten profits, particularly in the lucrative derivatives market."


    Equity options are regulated and it is a very profitable market so I cannot see how Regulating OTC derivatives just like Equity derivatives would be a problem.
     
  2. They blocked it.
     
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