Washington told Wall Street, 'We're going to let y'all regulate yourselves.' The Republicans were in charge. They never said a word.
Sentiment: NEGATIVE
The Democrats have come right out and said it: the power of the central government shall have no limits at all.
I believe Wall Street needs serious ongoing regulation.
Politicians love regulating. That's part of the whole power structure.
I'm not a big fan of regulation: anyone who likes freedom of the press can't be.
Republicans will own Congress.
Wall Street, the banks, and corporate America, has been able to call the shots here. They control our members of Congress and they get what they want.
You know, I think many people have the mistaken impression that Congress regulates Wall Street. In truth that's not the case. The real truth is that Wall Street regulates the Congress.
I said what I said before Congress because I meant every word of it.
Republicans are right to express concern about excessive regulation, and they can do a lot to reduce it, above all by scrutinizing rules on the books and by putting all new proposals through a cost-benefit filter. There's room for plenty of creativity here.
The Obama administration is on notice - they will not be allowed to regulate what they have been unable to legislate.