Louie Gohmert: “We're told that there is going to be a financial ``reform'' bill that sounds more like a financial ``deform'' bill. All…”

“We're told that there is going to be a financial ``reform'' bill that sounds more like a financial ``deform'' bill. All these reforms end up being deformities. But this in particular, financial reform? To get us out of the mess that had been building through the nineties and through this past decade, for the last 20 years? And nonetheless, as I understand, in this bill we're going to take up, it still has the Systemic Risk Council that is going to pick the winners and losers in America. That is so grossly un-American; it has no place in our law coming out of this body. That's the kind of thing that the Revolution was started over, that some King was going to get to tell them who would be the business that would stand and who would fall, because the Americans here wanted to be able to let the market decide that. Now, one thing we've seen, and it has been accentuated, is you do need a government that will ensure that people play fairly and play right.”