The Dodd-Frank financial regulation bill will have an immense, adverse transformational impact on American society, as well as its economy.
It has over 2300 pages. I doubt if any of our House or Senate reps has read it entirely or ever will. Or whether President Obama will read it before signing it.
The Federal Reserve Act which set up our basic banking system had 31 pages. Most other basic financial legislation of the past had been composed with about a hundred or so pages.
ObamaCare ran over a couple of thousand pages and literally hides information the public or its representatives never realized exists. Which are are only now coming to light.
I will make a suggestion. Limit the size of any bill. If it is too big to be read in a couple of hours, it is too big.
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