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Shocker: Obama's Claims on Bank Reform Don't Match Reality
Quoting NPR’s Adam Davidson:
We at Planet Money did an informal survey of economists and regulatory experts on the left and the right. We couldn’t find any who fully endorse the reforms backed by President Obama and Democrats in Congress. [...]
"A vote for reform is a vote to put a stop to taxpayer-funded bailouts," Obama said in his speech in New York on Thursday.
I cannot find any experts -- of any party -- who are willing to agree with Obama on this one.
Next thing you know they’ll be telling us that ObamaCare isn’t actually going to cut costs after all. Er, wait...
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