There is one in every crowd. That one person the rest of the herd thinks is completely nuts and needs their head checked. For the financial regulatory reform flock, SheBair seems to be the black sheep. Since there have been no complaints whatsoever about the utilization of EZPass to get the TARP and the stimulus package approved, Barney Frank, Chris Dodd, and Timmy G are simply chomping at the bit to put pen to paper and get legislation passed ASAP. Since writing sweeping reform law about complex products at 200 mph has a long and distinguished track record of success, the three amigos probably figure if ain’t broke, don’t fix it. But somewhere in the din, SheBair is voicing her dissension and offering a dangerous thought experiment.
Bair, 55, said Congress should carefully study the options and hold more hearings. There are some areas where lawmakers clearly need to act and other areas “we still may be working through that maybe it would be better to take a deep breath and think about it a little more,” Bair said.
She should know better. Did she not hear TG’s warning that “time is the enemy of reform”. That may be true, but before writing legislation for the sake of being able to declare political victory, there is something else the big 3 might want to consider: speed kills.
Wall Street Regulation Won’t Be Completed This Year, Bair Says [Bloomberg]
Greg – Stop mixing your metaphors. Better still, throw yourself in front of a bus
This post is bordering on being somewhat interesting and informative… but you know what’s missing? Some AM cleavage will go a LONG way.
Bair: I’m not Regan.
Treasury Secretary Geithner: Well, then let’s introduce ourselves. I’m Tim Geithner.
Bair: And I’m Sheila Bair. Now kindly undo these straps.
Treasury Secretary Geithner: If you’re Shelia Bair, why not make the straps disappear?
Bair: That’s much too vulgar a display of power, Geithner.
(script fron “The Exorcist” or “FDIC, The Movie,” don’t remember which one…)
I love hairy women.
CG
@2
SheBair Cleavage? I’m down.
Greg,
If I could reanimate myself, I’d come to New York and sell you on the black market for the price of a snuggie.
-Billy May
P.S. This was actually somewhat decent.
greg, i hate you
I got my head checked by a jumbo jet.
D.Albarn
I love you Johnnycakes.