– From The Political Prophet®, by The Political Prophets –
Reporters tell us what happened yesterday. Pollsters tell us what is happening today. THE POLITICAL PROPHET® tells us what is likely to happen tomorrow. An elite team of political strategists with presidential campaign experience provides analytical predictions that tend to be more precise than offerings from those who have never been “in the arena.” To assure objectivity, team members are not involved with active candidates.
The Financial Reform bill which will be signed into law this week is a lousy piece of legislation. It does things to our economy by further empowering bureaucrats that, if allowed to stand, will be devastating to wage earners, job seekers and consumers.
On the other hand, the Democrats who drafted the bill by excluding Republicans from the process completely ignored the big problem of bad mortgages and the enablers for the scam that triggered the meltdown of our economy. Fannie Mae and Freddie Mac are nowhere to be found in this political legislation which has become a dream vehicle for big banks, lobbyists and “government growth specialists.” [entire post]

