Congress Dilutes Financial Reform
So the crooks in congress are still very much on the payroll of the big Wall Street finanical firms. The financial regulation bill in front of them wanted to create a system where the financial firms actually had to have indepentant rating agencies rating thier financial instruments.
Of course the big financial firms didn't like that. They want the status quo to prevail and that is they pay the rating agencies to rate their financial instruments. That's was a large part of what caused the financial meltdown. They payoff the rating agencies, they payoff congress to keep it that way and the consumer gets screwed as always. Nice going again Congress, you always show who you are really looking out for.
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