President Obama lauded Senate passage of the Dodd-Frank financial overhaul, saying that "because of this bill, the American people will never again be asked to foot the bill for Wall Street's mistakes." That statement is untrue. Instead of ending tax-paid bailouts of politically favored corporations that are "too big to fail," Dodd-Frank makes the process permanent.
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You mean Odumbo lied to us? Say it isn't so!
President Obama lauded Senate passage of the Dodd-Frank financial overhaul, saying that "because of this bill, the American people will never again be asked to foot the bill for Wall Street's mistakes." That statement is untrue. Instead of ending tax-paid bailouts of politically favored corporations that are "too big to fail," Dodd-Frank makes the process permanent.
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