The Obama Administration is championing their "sweeping financial reform" as a win for consumers. Don't be fooled by this. The very reasons our financial system is shakey is because Government has put their hands in it in the first place.
Here's the assumption this bill makes: that corporations (Capitalism) is the enemy of the consumer and that without these "protections" the consumers are left at the mercy of the corporations (Capitalism). This attitude neglects to see that the consumers are vital to Capitalism. With competion being allowed to take place, companies are battling for your dollar. But, they also know that you will spend your dollar and more of them if the service you receive is top notch. Companies do not prey on the consumers, as our Government wants you to believe. The idea of companies preying on consumers is counter-productive. The fact of the matter is that Government has been preying on it citizens and then blaming it on Capitalism.
We need sweeping Governmental reform - reform that protects us from the Government. Oh wait, we have that, it's called the Constitution. (Also known as a viable toilet paper alternative to Obama)