Given the problems obtaining any type of consensus in Congress, I wish to express my appreciation for the positive aspects of the bill now going for a final vote. I am not thoroughly happy, however, for the following reasons:
1. Failure to address "too Big to Fail" Banks adequately. There should have been a limit of assets that any bank could hold.
2. Failure to insure that all derivatives would be publicly transparent and that Banks would be prohibited from any such trading with their bank money.
3. Failure to include auto dealers under the rubrics of the new Consumer Protection Agency.
4. Fannie Mae & Freddie Mac should have been addressed more forthrightly.
5. I wish that there would have been a tax on all financial transactions to achieve revenue while promoting some caution.
Having said all of this, I applaud what was accomplished.
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