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Playlist: Grover Norquist, Dodd-Frank one year later
Posted by Chau Tu
For Marketplace, Thursday, July 21, 2011
It's been one year since the financial reform, Dodd-Frank, was signed by President Obama. The Consumer Financial Protection Bureau officially opens today. Commentator Bethany McLean wondered where the anger from the financial crisis has gone. Grover Norquist's no-new-tax pledge is becoming bigger than himself.
Express Scripts is buying out Medco Health Solutions. Metlife is selling its banking operations. And there may be a deal in the works for Greece. Here are the songs we played:
If Mr. Norquist is controlling all these legislators with this tax pledge and they are refusing to act according to their constituents desires then maybe he should be paying their salaries.
How does someone not elected or appointed wield that much influence. The Republican adherents to his pledge are not governing, but are pawns to Mr. Norguists warped views and in fact are holding the American public and the United States hostage to a failed economic theory, trickle down economics.
This opinion was voiced by Mr. Reagan' economic adviser recently on Bill Mahers Real Time.
