Wall Street Reform Passes

[Torie]

I will have to read a WSJ editorial or two to be reminded why I am supposed to dislike this bill. Overall, it seems quite sensible to me - indeed almost non controversial. The derivative/hedge thing will be worked out. Nobody wants to interfere with real risk reduction hedging using the more efficient tool of derivatives.

I am also not too worried about the government potentially having more bailout authority in the future. It really doesn't matter. Under times of stress, the government will get the authority to do what it wants anyway.

[Torie]

Ah, Cao, Castle, and .. Walter Jones?  

Can anyone explain Jones

No. He is a very odd character in more ways than one. But on this one, I think I would have joined him if I were in Congress.