The Mudcat Café TM
Thread #128415   Message #2890986
Posted By: Bobert
20-Apr-10 - 07:45 PM
Thread Name: BS: Obama Admin and Financial Reform
Subject: RE: BS: Obama Admin and FInancial Reform
Well, unless the feds are prepared to unravel the very complex "dirivatives" market then any legislation will be a failure... I have heard some very astounding numbers about that market... Like $450T!!! That's trillion!!!! That ain't chump change!!!

I guess the thing that bother me most is that if the fat cats have corraled anywhere near taht amount of cash then it certainly makes sense why there isn't much cash left for the working class...

I mean, lets get real here... We just had a health care reform bill that will insure upwards of 35 million people and it's cots is a tad less than just one of those trillions for ten years???

Somethin' very screwed up here when so few have so much...

B~