[img]http://d.yimg.com/a/p/ap/20100422/capt.ce5100b35e934e3299816eb5744c5d48-ce5100b35e934e3299816eb5744c5d48-0.jpg?x=130&y=86&q=85&sig=pvqsholThU_hehM.1G1IDw--[/img]AP - Tempers growing short, Democrats set an initial showdown vote for next Monday on legislation to clamp new regulations on the financial industry while Republicans insisted on more bargaining. President Barack Obama admonished Wall Street leaders "to join us instead of fighting us" to prevent a future national financial collapse.

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I don't see how anyone who cares about the best interest of the general public could be against this.

Because it sets aside billions of tax dollars for bailouts. In fact this bill makes it easier for Wall Street companies to get a bailout than before.

The so-called "bailout" money comes from the institutions - not taxpayers. So in essence, it forces them to create a back-up fund to liquidate the institution(s) if the need be.

Unfortunately too many of us get caught-up in the "talking points" and not the facts.

Some comes from institutions, but it includes a $50 billion bailout that puts taxpayers on the hook.

It also makes many Wall Street banks "too big to fail."

But I agree that too many get caught-up in talking points... where I disagree is in who is reading talking points.

The proposed $50 billion is funded by the institutions... not the taxpayers.

In any event, this portion of the legislation might be removed.