You are not interpreting either of your concerns incorrectly. This is a very scary piece of legislation!
Oh ind this is just a rare gem!
Moving Forward
She said Congress will shine a new "light of scrutiny and accountability" on the nation's financial system to try to prevent a replay of the
problems that plunged the nation into an financial crisis.
Reps. Barney Frank, D-Massachusetts, and Henry Waxman, D-California, plan to hold hearings to increase scrutiny of the financial system, Pelosi
added.
"We want to take our country in a new direction for the middle class," Pelosi said.
Frank told reporters Friday that starting in January, Congress will "have a major role."
"We have to rewrite housing in America. ... It would be highly irresponsible if we were to stop here," he said. "Now we have to perform more
serious reform."
Like they didn't have the power to do this in the first place and prevent this whole mess? Who do they think they are kidding? Now they pass this
Bill, and now they do need even more oversight, because of all the powers they just gave away in it.
Should have done their jobs in the first place. 
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I nearly spit out my coffee when I saw that. Who on earth thought that was a good idea? Did anyone who
voted on the package even read it? I am deeply concerned as to what that means. Gotta go find the actual language of the bill now. 
