Saturday, September 03, 2011

YESTERDAY, I HEARD FATS LIMBAUGH MAKE

another preposterous claim, this time about the cost of the Dodd-Frank financial regulations bill. I can't find it on his site but I think he said a bank in Texas will go from paying a few million a year on regulations to something like $500 million. This reminded me that I haven't heard much GOP/Bagger whining about the bill so I decided to use Lexis-Nexis. The quotes below are from the June 13, 2011 GOP presidential candidates debate in New Hampshire:
GINGRICH: The Congress this year, this next week ought to repeal the Dodd-Frank bill, they ought to repeal the Sarbanes-Oxley bill, they ought to start creating jobs right now, because for those 14 million Americans, this is a depression now.
BACHMANN: Well, I'm looking forward to answering that question, because I introduced the repeal bill to repeal Dodd-Frank, because it's an over-the-top bill that will actually lead to more job loss, rather than job creation.

No comments: