Financial Reform Bailouts

Categories: Financial Regulation & Financial Reform
Date Originated: April of 2010
Claim: Obama's Financial Reform Bill Will Set Up Permanent Bailouts
Truth: The financial reform bill is set up to prevent the need for bailouts
In order to try and block more Obama more needed legislation from the Obama Administration, the right has started falsely stating that Financial Reform Bill will put the country in a position where it has to bail out 'too big to fail' companies on a a permanent basis. The bill is actually designed and written to prevent future bailouts, and end 'to big to fail.'