Bachmann: Stop Barney Frank’s power grab in the financial sector
posted at 11:36 am on December 11, 2009 by Ed Morrissey
Is Rep. Michele Bachmann a “lovable little fuzzball”? Those of us who know her on a more personal basis know that’s a pretty good description of Michele personally, but politically, she’s about as tough as they get. Breitbart TV’s B-cast interviews Bachmann, who brings listeners up to date on Barney Frank’s financial-reform legislation, which dropped on the House last week. It’s 1300 pages long, and the vote will be taken — today. It reorders the entire financial-services industry and vastly increases government control over it. Oh, and ACORN, too.
Frank bypassed the committee process, according to Bachmann, and she doesn’t see much hope for stopping it in the House. She wants to encourage people to put pressure on the Senate, where she thinks the bill can be stopped (via Powip):
Does calling Congress actually work? Bachmann says it absolutely does. She also encourages people to call their Representatives today to at least try to stop this bill, but like Bachmann, I think the chances of stopping it there are negligible, especially since Nancy Pelosi and Barney Frank have a 75-seat majority and the bill has flown under the radar during the health-care debate in the Senate. It will be tough to stop in the upper chamber, but not impossible. We just need to get this on our radar screen quickly and start perusing its 1300 pages more than members of Congress did before having it crammed down their throats.
Blowback
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It’s over
True_King on December 11, 2009 at 11:40 AM
Shadow plan:
A) Regulate the hell out of Wall Street
B) Execs of wall street firms are paid a lot less money.
C) New York State and City receives a lot less tax revenue from the rich.
D) New York State and City go bankrupt.
E) Success!
WashJeff on December 11, 2009 at 11:42 AM
If your powder isn’t dry.
daesleeper on December 11, 2009 at 11:42 AM
I’m getting really tired of this scam technique. This is what Pelosi will be remembered for. I’m OK with a principled debate about the issues, and if my side loses, well, that’s democracy. But Pelosi’s Congress is about as far from that as I can imagine.
jwolf on December 11, 2009 at 11:42 AM
Ya see what happens when we live in a functional democracy instead of a constitutional republic?
Those Founding Fathers had it right.
Amendment X on December 11, 2009 at 11:43 AM
Exactly what I said!
Amendment X on December 11, 2009 at 11:44 AM
The people who want to destroy this country, control it.
Speakup on December 11, 2009 at 11:45 AM
What I sent to my Senator.
Dear Senator Ensign,
According to a New York Times article dated November 27, 2009 Eric Holder and the DOJ have determined that the fraudulent and criminal organization ACORN will continue to receive taxpayer money even though President Obama “signed into law a spending bill that included a provision that said no taxpayer money — including money authorized by previous legislation — could be “provided to” the group or its affiliates”.
As I have told you before my wife and I pay over $35,000 a year in payroll taxes and we do not want any of our tax dollars to be “given” to ACORN or any of their affiliates. Please encourage your colleagues to question this decision and investigate these “contracts” that supposedly have no “moral turpitude clauses” in them. As I have requested before, please stand up for us and at least let the Dems know that we are not stupid and that we know what they are doing to us. You might want to let them know that we also contribute to politicians that we trust, campaign for those candidates and vote. Oh, and the 2010 elections are less than a year away.
Thank you so very much for your time.
Name deleted for HOTAIR
VegasRick on December 11, 2009 at 11:47 AM
Ed, do you have a non-video link to the legislation?
conservative pilgrim on December 11, 2009 at 11:48 AM
True. The Liberals are in the cockpit, and their aiming the country toward the statue of Liberty.
Liberal-Jihad.
portlandon on December 11, 2009 at 11:48 AM
Beware of evil attractive conservative women. :p
tx2654 on December 11, 2009 at 11:50 AM
Here’s a link to the legislation:
H.R.4173
Devrbd on December 11, 2009 at 11:51 AM
test test
ted c on December 11, 2009 at 11:51 AM
My Senators are rabid lapdogs of the filthy lying coward. I’m not thankful for their time. They are, after all, substandard employees who will be very unhappy the next time they have a performance appraisal. Next November for one of the criminals.
highhopes on December 11, 2009 at 11:53 AM
Anyone notice that almost every bill that comes out of the House contains an average of 1000 pages, (that will discourage most legislators from reading it), and requires a magnitude of scholars to understand the language?
This is an intentional ploy by Steny Hoyer, Nancy Pelosi, and their loyal liberal staff to continue their spending spree. They know that by next November their power to spend will come to an abrupt halt. Hence, it will take a strong conviction of conservatives to reverse this madness.
Rovin on December 11, 2009 at 11:53 AM
test
unseen on December 11, 2009 at 11:53 AM
And they’re just gettin’ warmed up. What a sad day for America.
Tony737 on December 11, 2009 at 11:53 AM
Soooo… the guy who helped engineer the whole meltdown of the financial sector last year…
The guy who did NOT perform proper oversite in the first place…
Gets to reengineer oversite?
Romeo13 on December 11, 2009 at 11:54 AM
I’m Back!
highhopes on December 11, 2009 at 11:54 AM
Let’s see
They voted for HealthCare in the house
They voted for Tarp
They voted for Crap and Tax
They voted for porkulus
They voted for C4C
They voted for Taking over GM and Chrystler
We called and told them no, So I don’t see calling Congress as actually working. Just Nancy putting more pork in the bill to get her minions to vote for it.
Brat4life on December 11, 2009 at 11:54 AM
Deregulating Wall Street worked out so well for everybody.
Bleeds Blue on December 11, 2009 at 11:54 AM
Would have been more effective if you had actually signed your real name, and not mentioned HOTAIR…
right2bright on December 11, 2009 at 11:56 AM
Government will ration credit. Well, that’s just GRAND!!!! Government decides who can get capital! WOO!
deidre on December 11, 2009 at 11:56 AM
Am I alive?
JetBoy on December 11, 2009 at 11:57 AM
Then do NOT invest in stocks. Buy CD, Muni-bonds, etc. Let the “fools” suffer that invest in stocks and let the government let them suffer too.
WashJeff on December 11, 2009 at 11:58 AM
Frank didn’t bypass the Committee process. He folded five separate bills that did pass his committee – all but one of them in party-line votes, which never used to happen in this committee – into one giant bill that is on the floor today. A slick tactic, because some of it is not very controversial while some of it is.
It isn’t going anywhere in the Senate though. But we can hang a few Democrats on it in next year’s campaign.
rockmom on December 11, 2009 at 11:59 AM
You don’t know much about securities laws do you…Wall street has never been “deregulated”…are you so naive that you think politicians would just not regulate something so valuable?
Man, you liberals are so easy to manipulate…I can see why there are so many liberals, you guys belief anything your leaders tell you.
right2bright on December 11, 2009 at 12:00 PM
Thanks.
conservative pilgrim on December 11, 2009 at 12:00 PM
There is also going to be a vote later today on a Republican substitute to the entire bill. Unlike health care, the Republicans actually did develop a proposed alternative to this monstrosity, and it is a good one.
rockmom on December 11, 2009 at 12:00 PM
Cloward-Piven strategy at work!
Star20 on December 11, 2009 at 12:01 PM
VegasRick on December 11, 2009 at 12:01 PM
Only 1300 pages? What a lightweight bill. The thing that makes all of this so sickening is that it was Barney F that practically guaranteed that Freddie Mac & Ginnie Mae were financially sound in 2004. Bush wanted to impose some regulation and oversight on them. So the taxpayers go on the hook for multi-billions on Barney’s word — and he suffers not one consequence! He keeps his committee leadership role even.
If Barney told me the sun rose in the east I’d be outside the next morning with a compass.
GnuBreed on December 11, 2009 at 12:01 PM
Fixed that for you. I think that regulating the financial industry so that they were forced to make loans to people with bad credit “worked out so well for everybody.” Thank you very much, Mr Frank.
MassVictim on December 11, 2009 at 12:03 PM
I will humor you with a serious response rather than the dripping sarcasm you so richly deserve. Let’s suppose Barney Frank really is the best person in Congress to work on whatever problems genuinely exist in the Financial Industry. Now let’s look at the remedy proposed by Mr. Frank — a 1300 page monster bill, pushed to a vote without the normal committee process, and all Congressmen given a mere one week to evaluate the bill.
Now here are the serious questions for you: do you really believe this could possibly improve the industry that Frank intends to regulate? And number two, do you really believe this is a good way for our Congress to operate?
jwolf on December 11, 2009 at 12:03 PM
http://en.wikipedia.org/wiki/Barney_Frank
Is there anything in Barney Frank’s biography that I missed that would make him even remotely qualified to be in position to be regulating finacial markets? He isn’t qualified to run a lemonade stand.
Daveyardbird on December 11, 2009 at 12:04 PM
can we call them communists yet?
unseen on December 11, 2009 at 12:04 PM
Even if you believe this, this bill does nothing to re-regulate Wall Street, but does put another layer of crippling regulation on an already crippled and largely government-run mortgage industry. It’s all about kicking some people when they are down and shifting the blame. The real fat cats on Wall Street who contributed millions to Obama and the Democrats will not have to change anything as a result of this bill.
rockmom on December 11, 2009 at 12:04 PM
He isn’t qualified to run a lemonade stand.
Daveyardbird on December 11, 2009 at 12:04 PM
Well he is basically the CEO of GM, AIG, several banks among others.
unseen on December 11, 2009 at 12:05 PM
Where there any regulations on stocks pre-1929? Doing to quick Google searches does not make it appearent there where.
WashJeff on December 11, 2009 at 12:05 PM
Thanks for the clarification about the committee’s role in this monstrosity. I hope you are right about the Senate. More than the content of Franks’ bill, which I am sure is atrocious, I am outraged at the thuggish abuse of standard parliamentary operating procedure that is the hallmark of Pelosi’s Congress.
jwolf on December 11, 2009 at 12:07 PM
Yes. You will soon be informed where you can line up for a loaf of bread and a roll or toilet paper. (For those old enough to remember the golden age of the Soviet Union.)
MassVictim on December 11, 2009 at 12:07 PM
Oh yeah, good luck to anyone hoping to buy a house in the future if this bill passes. You won’t be able to get a mortgage unless you have an 800 credit score and $50,000 down. But if you are a deadbeat who doesn’t want to pay your mortgage anymore, you will get a few bucks to help you out.
rockmom on December 11, 2009 at 12:08 PM
So let me get this straight. This bill gives the federal government control over credit? And it allows the President to bail out whomever he chooses whenever he wants? You have got to be f’ing kidding me.
We’ll be broke by next summer at the rate we’re going.
Doughboy on December 11, 2009 at 12:13 PM
That’s the kids move back in with the parents after college provision.
WashJeff on December 11, 2009 at 12:14 PM
Obviously, the standard methods that a civilized country employs to let their government know that they don’t like what they’re doing isn’t working anymore.
How long are we going to sit back while these corrupt communists destroy this country and laugh in our faces while doing it?
They don’t listen to us … they won’t listen to us … and we must start fighting on their level.
darwin on December 11, 2009 at 12:17 PM
You mean other than being chair of a Congressional Committee that regulates financial markets? He’s qualified by virtue of the office the stupid liberal Boston people keep electing him to. He’s not competent to be doing his job in the slightest.
highhopes on December 11, 2009 at 12:21 PM
It’s an endless assault. You can’t rest. It’s freaking evil.
rrpjr on December 11, 2009 at 12:23 PM
I heart Michele Bachmann
BlueStateBilly on December 11, 2009 at 12:23 PM
Yes, but the real problem was created by the selling of stocks to the “public” with huge leverage (margin). You could buy $100 of stocks for just $10, not unlike the mortgage fiasco the last few years.
After the market crashed, and they instituted regulation, which still exists, not allowing that kind of speculation (margin)…so they just did it with mortgages.
The “regulation” was always to stabilize the market, not harm it in any way, since all of congress feeds at that trough…
right2bright on December 11, 2009 at 12:24 PM
Our children will bear witness to the next American rebellion.
bloviator on December 11, 2009 at 12:27 PM
Hence, it will take a strong conviction of conservatives to reverse this madness.
Rovin on December 11, 2009 at 11:53 AM
I agree.
But how will they wean the less fortunate from the
pork long enough to pay off some debt?
The more people who are dependent on Washington, the harder
that will be and the Dems know it.
elderberry on December 11, 2009 at 12:28 PM
Why don’t you think before you post?
He obviously signed his name to the letter and deleted it before posting here.
Doh.
gh on December 11, 2009 at 12:31 PM
I think eventually Washington won’t be able to deliver. Then it will happen. (Whatever “it” is.)
MassVictim on December 11, 2009 at 12:32 PM
Barney should hook up with Kevin Jennings…maybe they can fist each other instead of the American people.
royzer on December 11, 2009 at 12:33 PM
Bawney is fisting the taxpayer again.
farright on December 11, 2009 at 12:33 PM
When the heck was Wall Street ever deregulated?
MarkTheGreat on December 11, 2009 at 12:34 PM
Barney ain’t power grabbing my financial sector….
d1carter on December 11, 2009 at 12:36 PM
Why would it matter, the crash of 1929 had nothing to do with the recession/depression that followed several years later.
MarkTheGreat on December 11, 2009 at 12:38 PM
Barney loves ‘rolling the dice’.
GarandFan on December 11, 2009 at 12:38 PM
You can still buy stocks on the margin.
MarkTheGreat on December 11, 2009 at 12:40 PM
A lot of us prefer ‘statist’ or ‘national socialist’.
Heh, as long as that toilet paper is made form recycled paper products and the bread is from a from a non-CO2 emitting bakery, then fine.
Insert witty screen name here on December 11, 2009 at 12:41 PM
Technically speaking, the bill didn’t bypass committee. Frank’s committee considered it as four separate bills, which he then combined into the bill that’s on the floor today.
But they’re playing other tricks. John Conyers has offered an amendment on bankruptcy that is going to be a very close vote. They’ve suddenly started calling it be another Member’s name, apparently hoping that people will vote for it by mistake–10 minutes before the vote is going to occur.
SD on December 11, 2009 at 12:43 PM
It was stated that Wall Street has always been regulated and I do not blieve it was pre-1929 (1933 Securities Act is the first law I can find). I am of the opinion that Wall Street likes some form of government regulation for it provides cover. People are more willing to invest if they think that government is watching out for them.
If there were none to little regulation of Wall Street, NYSE, NASDAQ, at. al. would be force to self-regulate to encourage\entice people to buy their product\service.
WashJeff on December 11, 2009 at 12:43 PM
Damn that yeast!!!
MassVictim on December 11, 2009 at 12:46 PM
Many thanks to the morons in the “Great” state of Massachusetts!!! What fools. The country is laughing at you idiots.
ultracon on December 11, 2009 at 12:47 PM
It’s such an embarrassment living here.
But I’d expect the country to be swearing, not laughing.
MassVictim on December 11, 2009 at 12:49 PM
Calling Congress worked a decade ago, was still effective 5 years ago and today means nothing. Neither does writing or E-mailing and Congress has made it very hard to E-mail congress critters not in ones district. No, the only thing that works is a personal appearance.
Go to their office and speak to their staff. Find out the Congressman’s schedule and show up. All else will be ignored as the congress no longer fears the public. They have cooked the books to the point that removing them is not simply a matter of getting 51% of the vote as the districts are rigged in favor of incumbents.
JIMV on December 11, 2009 at 12:49 PM
Speakup on December 11, 2009 at 12:50 PM
Hell, it’s nearly at the stage of “kids” move back in with the parents because of funemployment now!
aikidoka on December 11, 2009 at 12:51 PM
Campaign finance “reform” is largely responsible for this. In the past, representatives depended in large part on local contributions to finance their campaigns. Now with limits on that, they all depend almost entirely upon the national party for big contributions. That means they obey party leaders even over the interests of their own constituents. (One more thing you can thank McCain for.)
MassVictim on December 11, 2009 at 12:55 PM
In the words of Edward Howdershelt: “There are four boxes to be used in the defense of liberty: Soap, Ballot, Jury, Ammo. Please use in that order.”
Well, the Soap box appears to be utterly ineffective, our leaders aren’t listening. The Ballot box isn’t available until late next year, and I am not convinced that this crowd won’t try and “suspend” it’s use either literally by manufacturing a fake crisis or functionally by buying millions of corrupted votes. Does anyone see the Jury box being used any time in the near future, or will we end up having to skip directly to using the Ammo box on this group of commies?
wearyman on December 11, 2009 at 1:04 PM
That makes two of us.
Isn’t it interesting how a beautiful woman can become so much more beautiful by being strong, smart, and principled?
UltimateBob on December 11, 2009 at 1:04 PM
Michele is fantastic, she gets it. Imagine if everyone in the U.S. could hear this. Email this to everyone you know and tell them it is worth their time to listen to the whole video.
Also, Scott Baker & Liz Stephans from the B-Cast are the best. Fox needs to find a way to get them some air time.
redridinghood on December 11, 2009 at 1:05 PM
FIFY
UltimateBob on December 11, 2009 at 1:10 PM
Test.
BuckeyeSam on December 11, 2009 at 1:11 PM
This is what we get for falling asleep in the past decade. The opportunity for independents to decide that “hey, the Dems seem harmless enough, let’s them run things for a while.”
Good grief. We’re hucked.
BuckeyeSam on December 11, 2009 at 1:13 PM
Thank goodness for Michele Bachmann. We need more representatives like her in the House.
BTW, I love watching The B-Cast.
cubachi on December 11, 2009 at 1:14 PM
Yes, and let’s not forget that GOP insiders say that Bachmann needs to shut up.
BuckeyeSam on December 11, 2009 at 1:15 PM
Isn’t it interesting that the better looking women are on the conservative side, while the national socialists have women like pelosi and hillary? *shudder*
Insert witty screen name here on December 11, 2009 at 1:17 PM
Its past the critical point and its time for arrests. When it is common knowledge about the corruption inside the beltway verified by videos and television. We are a nation of laws and they are ignored by the double standard coming out of Washington. I want to see arrests and jail time until the courts decide their fate.
mixplix on December 11, 2009 at 1:20 PM
Really? Gee, I didn’t know that, thanks…I guess some of the most obvious sarc posts, do need a sarc tag for some people…Duuuhhhh!!
right2bright on December 11, 2009 at 1:24 PM
Ditto!
This unbelievable radical takeover is almost surreal,
redridinghood on December 11, 2009 at 1:27 PM
Of course, as I stated they instituted regulations that are still in effect. They lowered the margin requirements, so the leverage wasn’t so great, and exposure is minimized.
Here
right2bright on December 11, 2009 at 1:28 PM
The regulation was originally designed to stop the violent swings of the stock market…their were measures and rules put into place to stop large runs, or large buys.
They learned with the 29 market, that it swung so violently that it couldn’t “right” itself…where if they had some stop trade measures, they could have slowed down the process and moderate the swings…in simple terms keep the panic out of the market.
right2bright on December 11, 2009 at 1:34 PM
We need Hanna the Ho and Huggy Bear O’Keefe to do an expose on Barney Frank. Maybe then we can purge that fat a** from public office.
BuckeyeSam on December 11, 2009 at 1:37 PM
With all of Barney Franks financial suggestions starting years ago with Fannie and Freddie, it is call bend over and grab your ankles.
patrick neid on December 11, 2009 at 1:41 PM
That has to be a sarcastic post…right?
Black Thursday, on Oct 24,1929 where around 12 million shares were dumped, started the slide…unemployment was at 3%…by 1933 unemployment was over 20%, close to 25%.
Wages nearly were cut in half and our GDP was cut in half..
The real cause, was government intervention, in the wrong way…not regulation, but intervention. The two are very different.
However, the depression would not have happened without the crash…and the crash would not have happened if they had regulation, but no intervention. They are forever intertwined in economic history.
The Federal Reserve thought they could control the economy with policies…
Just like our current problems will be looked at as inflated real estate, caused by government intervention.
right2bright on December 11, 2009 at 1:42 PM
Gawd, she’s a cutie.
Alden Pyle on December 11, 2009 at 2:06 PM
And Helen Thomas, and Andrea Mitchell, and Janeane Garofalo, and Janet Napolitano, and Susan Rice, and Dianne Frankenstein, and Sheila Lee Jackson, etc etc etc……
UltimateBob on December 11, 2009 at 2:07 PM
This Congress is legislating it’s powers illegally into the Executive Branch, dissolving separation of powers, giving the Chief Executive ownership of the tax fund purse strings, the potus to ignore Congress as both ignore vocal response from the citizens.
maverick muse on December 11, 2009 at 2:08 PM
I used to think Rush was exaggerating when he said the Democratic Party is all about control and making people feel like they can’t do it themselves without Government help. As ugly as all that sounds, it’s very clear that is absolutely true. This is a fascist coup to take our freedom away. I don’t want to believe it, but it’s a bit on the too obvious side. This is a very serious attempt to destroy freedom and liberty, and it is coming from one of our two parties inside our borders.
It is time to pray to God to help the USA as well as for each of us to do what we can. God helps those that help themselves. But DO pray for God’s assistance. We can know for certain that God wants people to be free, so this is a righteous cause we are fighting. Pray and act.
Danzo on December 11, 2009 at 2:49 PM
IT HAS PASSED THE HOUSE
Michele Bachmann is warning about this bill HR4173 The Wall Street Reform and Consumer Protection Act of 2009
at this link
http://www.breitbart.tv/bachmann-on-the-b-cast-a-conservative-call-to-action/
The first link below is the Congressional record of the first few hours of the debate for this bill on 12/10 They will vote on it today, 12/11
The second link is to the bill itself. Just scroll down the page, you…uh…may want to double or triple your dose of pain meds first tho
The third link is to a page that you can skim through to give you a general idea the duties and powers of the comptroller that turbo-tax timmy gets to appoint The Comptroller of Currency and the Coropration. They will replace the Office of Thrift Supervision. Basically they will take over all financial institutions, ALL, right down to the school lunch lady giving a kid credit for the day. They have the power to judge them insolvent, and then seize them, break them up and sell them. If the institution has branches(even healthy ones) they get them too. They can change the rules and regulations as they see fit. Oh, and there is no congressional or senatorial oversight. They do have to inform them, even at times consult with them, but still they get to decide. I’m sure they would play fair tho. Oh one other thing, they can keep the employees from the Office of Thrift, and have to, unless they don’t agree with their way of thinking and character, umm then they can get rid of them. They will have complete control of every kind imaginable, financial transaction, and any and all aspects of the companies and institutions that provide them. All loans, deposits, disbursements, investments, services, insurance, advisors,the SEC. investment protection, funds, securities, brokers, dealers, fees, fines, security investments protection act, appropriations, regulationa and enforcements, every financial act ever passed and on and on and on.
’scuse me I think I’m gonna hurl….
http://frwebgate.access.gpo.gov/cgi-bin/getpage.cgi?position=all&page=h14408&dbname=2009_record
http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.4173:
http://thomas.loc.gov/cgi-bin/query/F?c111:1:./temp/~c1118IIjPW:e171244
stacy on December 11, 2009 at 3:09 PM
The bill just passed, 223-202. All Republicans and 27 Democrats voted against it. Roll call here:
Roll call
rockmom on December 11, 2009 at 3:11 PM
IT PASSED THE HOUSE
The first link below is the Congressional record of the first few hours of the debate for this bill on 12/10 They will vote on it today, 12/11
The second link is to the bill itself. Just scroll down the page, you…uh…may want to double or triple your dose of pain meds first tho
The third link is to a page that you can skim through to give you a general idea the duties and powers of the comptroller that turbo-tax timmy gets to appoint The Comptroller of Currency and the Coropration. They will replace the Office of Thrift Supervision. Basically they will take over all financial institutions, ALL, right down to the school lunch lady giving a kid credit for the day. They have the power to judge them insolvent, and then seize them, break them up and sell them. If the institution has branches(even healthy ones) they get them too. They can change the rules and regulations as they see fit. Oh, and there is no congressional or senatorial oversight. They do have to inform them, even at times consult with them, but still they get to decide. I’m sure they would play fair tho. Oh one other thing, they can keep the employees from the Office of Thrift, and have to, unless they don’t agree with their way of thinking and character, umm then they can get rid of them. They will have complete control of every kind imaginable, financial transaction, and any and all aspects of the companies and institutions that provide them. All loans, deposits, disbursements, investments, services, insurance, advisors,the SEC. investment protection, funds, securities, brokers, dealers, fees, fines, security investments protection act, appropriations, regulationa and enforcements, every financial act ever passed and on and on and on.
’scuse me I think I’m gonna hurl….
http://frwebgate.access.gpo.gov/cgi-bin/getpage.cgi?position=all&page=h14408&dbname=2009_record
http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.4173:
http://thomas.loc.gov/cgi-bin/query/F?c111:1:./temp/~c1118IIjPW:e171244:
stacy on December 11, 2009 at 3:16 PM
Hey Blue: Publicly traded companies are all highly regulated.
I frequently deal with Sarbanes-Oxley rules. I can’t even make a minor database change without Sarbox rules requiring a change board meeting and extensive documentation. The regulation is so massive that it is a parody of itself.
ZenDraken on December 11, 2009 at 3:17 PM
Oh, so you live in Virginia too?
oldleprechaun on December 11, 2009 at 3:23 PM
http://thomas.loc.gov/cgi-bin/query/F?c111:1:./temp/~c111Y3Bhj9:e171244:
http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.4173:
Sorry these are the 2nd and 3rd link from above and should now work…I hope
stacy on December 11, 2009 at 3:24 PM
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