I'm sure it will be like Sarbanes Oxley and appear to work fine at first but then be a complete fuck up.
I'd also like to know what kind of "oversight" anyone is going to give to credit swaps and derivatives. Are they also going to regulate the temperature of the sun? lol
I also wonder why people think these promises of oversight by the federal government are some big deal. Hell, the average school district can't keep up with their money and people trust the Messiah to keep up with the federal budget? Give me a break!
If you like the IRS, DMV and the Post Office, you will love Obamacare!
“An armed society is a polite society. Manners are good when one may have to back up his acts with his life.”
Robert A. Heinlein
I have to agree with a quote from former Treasury Secretary William E. Simon: "Bad politicians are sent to Washington by good people who don't vote."