Critique of 'Financial Reform' Bill and of Republican Opposition
President Barack Obama had harsh words for "unscrupulous" lenders and others he said had taken risks that endangered the economy. He says that the newly signed bill was aimed at curbing abuses and excesses on Wall Street and stopping taxpayer bailouts of failing companies. Richard Wolff says that the reform doesn't do anything and this is nothing but theatre for the public which is unfortunate because nothing will have been learned.
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