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July 26th, 2010
The banking reform bill is all smoke, I hear — from people who know.
An analogy.
We’ve noticed that in the summer buildings get hot. Sometimes they get so hot that people die! So we’ve just passed a law that all buildings must have air conditioning. But you don’t have to turn on the AC until the temp gets to 150 degrees. Oh that does a lot of good. (Not.)
Obama signed the bill, hailing it as the most significant banking reform legislation since the Great Depression. Will
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