Thursday, July 29, 2010

File Under 'We Have To Pass The Bill So You Can Find Out What's In It'

Presumably, the Grand Dame of the House was referring to nuggets like this:

"Under a little-noticed provision of the recently passed financial reform legislation, the Securities and Exchange Commission no longer has to comply with virtually all requests for information releases from the public, including those filed under the Freedom of Information Act. The law, signed by President Obama, exempts the SEC from disclosing records or information derived from 'surveillance, risk assessments, or other regulatory and oversight activities."

That's a pretty broad exemption.

Now, if I was of the conspiratorial type - I'd ask what is the SEC hiding; or worse, what are they preparing to hide?

1 comment:

Mudge said...

It must be great being a Dem staffer in this Congress. Kind of like adding a fictional student to the yearbook, a prankster staffer could have a field day hiding all sorts of nonsensical language in the nonsensical bills.

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