Obama Offers Economic Plan
By Rizzuto

Thu Mar 27, 2008 - You know what should help a temporary economic downturn? More permanent government regulation of course! This from the Associated Press:
Democrat Barack Obama said Thursday tougher government regulations that reflect the realities of modern finance are needed to get a grip on the economy before it gets even worse.
The story continued:

Obama said, the next president should:

-Expand oversight to any institution that borrows from the government.

-Toughen capital requirements for complex financial instruments like mortgage securities.

-Streamline regulatory agencies to end overlap and competition among regulators.





» related link

RELATED TOPICS: Election '08 | Obama | Economy | ALL TOPICS

Add to Mixx! del.icio.us

Comments : 1 Comment

mfee01 commented, on March 31, 2008 at 6:32 a.m.:

Obama come up with some "great" ideas. but now it seems like the idiot G.W.B. is on board with it. Will we ever get a real conservative in the White House? or are we destined to be left with leaders who belong in the Big House?