This morning eating my generic rice crispies, my roommate turned on CNN Headline News’ Morning Express program. During a segment on the two presidential candidates’ plans for Wall Street, the screen flashed with a three point plan for Obama: (and here I’m paraphrasing from memory):
-Overhaul the regulation of Wall Street firms
-Streamline different overlapping regulatory agencies
-Create an oversight commission that reports directly to the President.
Okay, does anyone else seem to think that points 2 and 3 are in conflict? On the one hand, he pledges to streamline overlapping regulators. On the other hand, he proposes a new layer of bureaucracy!
P.S. Since we enjoy blogging an awful lot, it’s always fun to see others get into the act. That is especially the case when public officials blog, because it’s important for them to reach out to younger voters in a friendly medium. Ergo, Bravo to Cong. Paul Ryan, WI-1, for blogging on the energy crisis at The Hill’s Congress Blog. I hope Ryan and the other Republicans continue to press for the American Energy Act – they’ve done a great job so far keeping Speaker Pelosi’s feet to the fire. Keep it up!
Last 5 posts by Daniel- Tom Barrett's Savings Plan - June 8th, 2010
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