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As a final Senate vote nears, contributor to Slate.com's Big Money Heidi Moore and WNYC business and economics editor Charlie Herman talk about the future of financial reform.
This is pretty depressing. Brian, Heidi and Charles: I (and I think I speak for many WNYC listeners) don't give two figs about the political minutiae of this bill. We want to know what it will actually do.
Is the bill likely to bring any tangible benefit to working-class consumers? If the answer is "no," maybe *why that's the case* should be the topic of discussion. Instead, you guys buried the lede under ten minutes of gossipy inside baseball.
1. Obama has no stomach for conflict or confrontation so he will never name Elizabeth Warren.
2. Obama has no intention of really reforming anything. Goldman Sachs, Citigroup, AIG, Bank of America oppose reform; therefore, Obama will oppose it.
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