Matt Stoller writes: Earlier this week, the House Ag Committee marked up some bills deregulating derivatives. I don’t think they were expecting anyone to really notice, but there was a bunch of press on what they did.
The next step in the legislative process is for the House Financial Services Committee to look at the bills. That will take place in April.
(via The Big Picture)
Needless to say, this push to license criminality is being done in “bipartisan” fashion, with Connecticut’s Jim Himes taking a prominent role on behalf of the Democratic enablers. The sad fact is that nowadays, more than ever (as the rule almost always holds true), anything done in a “bipartisan” fashion is an imminent threat to the Republic.
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