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Friday, July 23, 2010

Gerald Celente on the Financial Reform bill

I love Gerald Celente's passion for speaking his mind.  I don't agree with his implications that government is necessary yet his sociological points are nearly always spot on.

In this clip Gerald points out that the Financial Reform Bill signed by Barack Obama is unlikely to change the kind of Wall Street risk-taking that was part of the Global Financial Crisis.

Knowing the government propensity for unintended consequences and a bizarre residence in opposite world, I brace for the ramifications of a bill that will "Protect consumers ... [and make the] financial system stronger" (quoted from the Washington Post article "Congress passes financial reform bill").

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