Main Street versus Wall Street
May 7, 2010 | federal legislation, industry | Comments (0)The latest from Big Government:
News from Washington is that the group representing America’s dentists are now in freakout mode over the bill. Most dentists offer payment plans. If Johnny need braces, dentists offer payment plans that help the middle class afford them. If the financial reform bill is enacted into law, the federal government would regulate the plans.
This is a prime example of how the legislation — while proporting to regulate Wall Street will actually regulate Main Street.
Yet Citi and Goldman Sachs are supporting the legislation supposedly aimed at them. If Wall Street wants this bill and Main Street is harmed by the bill, how exactly is this Wall Street reform?
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