Financial Reform Bill was a 'Stunning Success'

(Mish’s Global Economic Trend Analysis) — No doubt quite a few inquiring minds will be wondering how a financial reform bill that failed at 100% of its objectives while accomplishing virtually nothing can possibly be considered a “stunning success”.

In sharp contrast to medical reform, I cannot come up with any financial reform provisions that make matters substantially worse.

Given the absolute best we could ever expect out of a major piece of legislation supported and promoted by Obama is nothing, and given that nothing was accomplished with no major detriments making matters much worse, the financial reform bill must be considered a stunning success.

via Mish’s Global Economic Trend Analysis: Financial Reform Bill was a Stunning Success.

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