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The Financial Reform Bill

Now we’re passing this bill today – 2300 pages financial reform bill – do you know what’s in it? Naw, don’t worry about it – we gotta pass it to find what’s in it.

…who was it drafted by? Oh yeah, Barney Frank and Christopher Dodd. These are the guys who helped collapse Fannie and Freddie. They worked side by side with community organizing groups like Acorn to give loans to people who didn’t qualify for them. But good news – not only have we not fixed the problem – or punished the people involved – we’ve allowed these guys to go in and institutionalize that method in the bill to collapse the economy. Not just your 401k.

Glenn Beck Show, 7-15-2010, minute 16

July 15, 2010   No Comments

A Stop Light for the US Economy

December 14, 2009   No Comments