Saturday, May 25, 2013

WALL STREET LOBBYISTS ARE MAKING THE RULES! They are writing the economic legislation.


Bank lobbyists are not leaving it to lawmakers to draft legislation that softens financial regulations. Instead, the lobbyists are helping to write it themselves.
One bill that sailed through the House Financial Services Committee this month — over the objections of the Treasury Department — was essentially Citigroup’s, according to e-mails reviewed by The New York Times. The bill would exempt broad swathes of trades from new regulation.


http://occupyamerica.crooksandliars.com/diane-sweet/wall-street-doesnt-just-run-show-they-

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