The Senate financial regulatory reform bill has only a nod in the direction of a return to the Glass-Steagall Act's separation of investment and banking firms, a regulation that Dodd helped kill a decade ago.
$9 million in stock options as a 2009 bonus for Goldman Sachs CEO Lloyd Blankfein is now considered a big concession from Wall Street. Before we all start applauding, let's take another look at what's really happening on Wall Street.
Democrats need to stop feeling sorry for themselves and stop issuing idiotic statements that they can't "mathematically" do anything. "Mathematics" didn't stop Republicans and there's no reason for Democrats to act paralyzed now.