Going over lots of financial legislation the past couple days. Sen. Dorgan's kicking ass, ATM, going on about effectively reinstating portions of Glass-Steagal, among other things. Should be interesting for anyone interested in banking in the US -- or the economy in general.
sweet, thanks for the heads up.. was getting bored .
The ultimate minority is the individual. Protect the individual from Democracy and you will protect all groups of individualsRightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law' because law is often but the tyrant's will, and always so when it violates the rights of the individual. - Thomas JeffersonI must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.
- Bene Gesserit Litany Against Fear
Quorum call - time for a nap -- sorry to lead y'all on :x
Dorgan back on.
Dorgan's amendment to ban naked credit default swaps (which account for ~$20b of the CDS derivitaves market) seems as though it will be tabled, an effort led by Dodd. :/
Dodd tables Dorgan amendment 56-32 or something like that.
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