It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
The Senate passes the Wall Street Reform Bill (S. 3217) by a 59-39 vote, if it passes the House it will kill jobs by making it difficult for small businesses to succeed and it will give permanent and unlimited bailout authority for the big banks on Wall Street. It would also do nothing to solve problems in the financial system and won’t prevent the next financial crisis.
Originally posted by mooseinhisglory
This is directly penalizing small businessmen and investors as if it was up and coming local businesses, not already-existing multi-national corporations that caused this mess. Not only that, but with local regulations cut out, it will make it even EASIER for too-big-to-fail corporations to get a stranglehold on the little guy...
How is this happening?