Obama's Financial Reform Bill Will Set Up Permanent Bailouts

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Overview of this lie

Date Originated: April of 2010
Categories: Financial Regulation & Financial Reform
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.'