"While the financial system is far stronger today than it was one
year ago, it is still operating under the exact same rules that led to
its near collapse," Obama said in announcing his proposals. He went on
to tap into populist, anti-bank sentiment, noting the banks are making
record profits while refusing to lend to small businesses, that they are
charging high credit card rates and failing to "refund taxpayers for
the bailout." He added that it was "exactly this kind of
irresponsibility that makes clear reform is necessary." .......... (more)
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