What Was That I Saw?

While surfing video clips of enticingly juicy stories I decided to see what the Republican leadership thought of--as if they were ACTUALLY thinking--when they decided to talk about the proposed restrictions on derivatives in proposed banking reform. 

The logic is hard to repeat it's so fallacious but Orrin Hatch and obviously the rest of the Republican leadership think--erroneously--that derivatives were NOT a major source of the 2008 economic meltdown.  He won't support laws limiting the INSANE proliferation of these instruments which are nothing more than a gimmick to milk money out of investors.  We the taxpayers paid the bill for the derivatives sellers who couldn't cover the losses  they incurred as a result of selling these instruments.  The money they guaranteed they could pay was a part of the collapse of the financial system.

There's so much going on in Congress now ANYBODY could write a GREAT story.  It's all there!