Survival Expert & Political Analyst Defending Your Unalienable Rights » Government policies and the subprime mortgage crisis http://www.brianbrawdy.com Breaking News, Commentary & Tips for survival, liberty and the pursuit of Happiness Fri, 14 Oct 2011 02:20:32 +0000 en hourly 1 http://wordpress.org/?v=3.1.1 Dodging the Main Issue in the Financial Reform Bill http://www.brianbrawdy.com/dodd-senate-financial-reform/ http://www.brianbrawdy.com/dodd-senate-financial-reform/#comments Tue, 16 Mar 2010 11:36:05 +0000 Brian Brawdy http://brianbrawdy.com/?p=7611 Shortly after announcing he will not run for a 6th term in the United States Senate, Banking Committee Chairman Chris Dodd set out to reform financial institutions thus helping to prevent dire economic risk in the future. Wow, what a great guy. He is going to go it alone, without bipartisan support, and beat back the evil banks before he surrenders the gavel. God love him. What a remarkable guy?

Oh, wait a second. “This just in” to the web awareness of the issue, Senator Dodd now putting all kinds of faith, power  and new authority into the Federal Reserve. Hold it, that’s right; the same Federal Reserve that many believe to have played a role in the financial situation facing our country.

Now, hold on. It’s OK that Senator Dodd first railed against the Fed before he rallied to defend the it, at least in his latest version of the bill. A Huffington Post article calls it a “Remarkable Recovery” for the Federal Reserve in the eyes of the Democratic Chairman. Is there a Federal Reserve other than the one you know of? Did Senator Dodd flip-flop? How does one go from finger-pointing to a thumbs up in just four months?

It’s not waffling, it’s positioning.

Just wait and see where Senator Dodd “retires” to.

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