5.25.2010
And in all places, the financial reform bill – S-3217. Look at this excerpt:
“[T]he Bureau shall have the authority to gather information from time to time regarding the organization, business conduct, markets, and activities of persons operating in consumer financial services markets.”
(I love the ‘from time to time’ part – you mean, whenever they want to manage people more closely? And you though the Patriot Act went too far?
read more here in this article: CNS News
or read the 1566 page bill here (or be like your congressman and don’t read it): Bill
If however you feel that you need “daddy” to watch over you, then applaud your Senator for passing this, because just like Sarbox and other legislation, this won’t do a thing to prevent the next financial crisis…
