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View Full Version : Sen. DeMint on C-SPAN just now deriding Finacial reform bill for govt. expansions...




NoHero
04-21-2010, 08:24 AM
... And for not auditing the Fed, or stopping bailouts. Also criticized the continued funding Fannie and Freddie. Don't like him much, but it was a good speech.

Aratus
04-21-2010, 08:26 AM
ron paul and jim demint are basically thinking this bill is not a good idea?
right now the "cure" may be more than just a tad worse than the disease?

NoHero
04-21-2010, 08:33 AM
ron paul and jim demint are basically thinking this bill is not a good idea?
right now the "cure" may be more than just a tad worse than the disease?

Well that's what I am thinking. I do not know all the details, but it seems to be a corporatist bill providing future bailouts. Plus, Dodd wrote it.. er, edited it for Ben Bernanke.

specsaregood
04-21-2010, 08:38 AM
ron paul and jim demint are basically thinking this bill is not a good idea?
right now the "cure" may be more than just a tad worse than the disease?

The Audit the Fed amendment to the bill has always been nothing but a "poison pill" for the legislation as a whole. One could argue legitimately that Dr. Paul fought to have it added, to kill the chances of this bill passing.

Whereas the "Audit the Fed" legislation HR1207/S604, were a prescription in their own right.