Better something than nothing

iVillage Member
Registered: 03-10-2010
Better something than nothing
7
Thu, 07-15-2010 - 3:03pm

The Financial Reform bill just passed 60 - 39 in the Senate. Too bad that it didn't address the "too big to fail" issue,. Too bad that it didn't reverse Gramm, Leach, Bliley. Oh well...better something than nothing...or not.

http://www.cnbc.com/id/38262799

~OPAL~

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iVillage Member
Registered: 07-15-2010
Thu, 07-15-2010 - 3:05pm
Gosh you're so right! Sometimes nothing is better than something! Just look at the health care bill! Yikes!

"Some people spend an entire lifetime wondering if they made a difference in the world. But the U.S. ARMED FORCES don't have that problem." ........Ronald Reagan

>>Luck is what you call it when preparation meets opportunity<<
iVillage Member
Registered: 09-01-2009
Thu, 07-15-2010 - 3:06pm
Well, it was tougher than I suspected it would be.

"Taxes are the price we pay for a civilized society."


       Justice Oliver Wendell Holmes

iVillage Member
Registered: 10-15-2008
Thu, 07-15-2010 - 3:23pm
If it isn't meaningful legislation that actually fixes large issues....I wish they wouldn't bother. HCR didn't fix huge issues we still have...and now financial reform still leaves huge problems out there.
Can't wait to see how crappy the immigration bill will be.
Seriously President Obama....if isn't meaningful reform....then just veto it and demand better. Nothing is better than something half (well you know). You can't call it reform if it isn't really reforming things. You can however call it "reform" and go on and on about it...but really...it's insincere at best.
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iVillage Member
Registered: 09-01-2009
Thu, 07-15-2010 - 4:14pm

I firmly believe this is a "running out of time" issue re passage of any bill that has passed.

"Taxes are the price we pay for a civilized society."


       Justice Oliver Wendell Holmes

iVillage Member
Registered: 11-27-2009
Thu, 07-15-2010 - 4:20pm
I've come to realize that Presidents are often inclined to get anything pass so they can claim a victory rather than take the time and effort to get something that is really good done. I think that to do the later would required true bipartisan politics and there are too many people on both sides that would rather the former is what actually happens. If it's a weak bill the opposition party can use that, and the party pushing for the legislation will claim victory. They all know that the average American doesn't take nor have the time to read this legislation. That's what their representatives are voted in to do and vote with their constituents in mind.
iVillage Member
Registered: 09-10-2009
Fri, 07-16-2010 - 8:46pm

Oh well...better something than nothing...or not.


Only a liberal would believe a bill which does nothing to regulate the largest recipient of UNPAID taypayer funds (TARP) is a 'something'.


Those who are always 'right' know this needs to be repealed.

iVillage Member
Registered: 03-10-2010
Fri, 07-16-2010 - 8:53pm
You may have missed my point altogether. Suffice to say, I agree with you for the most part. There are some redeeming parts of the bill, but it doesn't go far enough to make an appreciable difference and to give me confidence about the state of affairs on Wall Street.

~OPAL~

~OPAL~   onoz_omg2.gif OMG ONOZ image by KILLER_BOB11694