Sunday, September 20, 2009

With straight faces all around

The senior Senate Democrat shepherding legislation to overhaul the nation's financial system is planning to propose the merger of four bank agencies into one super-regulator, an idea that is significantly different from what President Barack Obama envisions.

The legislation being prepared by Sen. Christopher Dodd of Connecticut, who heads the Senate Banking Committee, would also differ from the Obama plan by blah, blah, blah.


blah, blah, blah, ours... but it should not have been.

Seriously? Is there anything Dodd could say regarding reforming financial regulation that would carry any credibility whatsoever?

That this article made it to the front page of Sunday's fish wrap demonstrates that either the U-T has a great sense of irony or is completely clueless.

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