Senator Dodd Seems To Oppose The Volcker Plan

Was this a political play like the 90% bonus tax to appease the masses of Americans that are very upset with the exceptional aid the banks got from the government while ordinary American pretty much just got the shaft, losing their jobs, seeing their incomes dwindle, losing their houses, or seeing their buying powers erode??? It surely sounds like it was just a play given Senator Dodd's comments. He said that the Volcker plan was too ambitious and complicated his efforts of writing a regulation outline.

There are a few ways to look at this. One of them is that this is a planned skit carefully planned and played by the Democrats following the MA election loss due to the unhappiness of Americans with the way the administration has been doling out trillions to the banks and bankers despite being at the heart of the financial crisis and despite being insolvent, getting ridiculous amounts of bonuses - especially at Goldman Sachs that seems to own the Federal Reserve and the government. Don't get me wrong. It is not just the democrats. The republicans under President Bush were no different. Even most of the characters are the same: Geithner, Bernanke, Sheila Bair, etc. Nothing has changed. It is just that the whole political and democratic system is failing and is just an illusion. There is no democracy or rule of law or justice left. Americans are fooling themselves when they vote hoping for change. Democratic or republican, governments do not report to or work for the American people any longer. They work for themselves and the banks and other large corporations.

I am not sure how you change the corporatocracy system and stop them from killing democracy and the rule of law and justice, but it is ruining our lives and the future of our children. One thing that comes to mind is related to too big to fail. Most large companies in many industries should be broken up due to anti-trust laws and competition and small businesses should be encouraged. That is what made America what it was 40 years ago. How does Monsanto have 90% of soybean or corn market??? That should be stopped. Banks should be broken up and let to fail when they mess up. If they are small enough, there won't be systemic issues, not that there ever was. That is a huge lie, too.