It’s just boggling:
Historians will probably conclude that the package of reforms was surprisingly modest given the depth and severity of the 2008-09 financial crisis. A harsher historical judgment might find that the political and economic power wielded by the financial industry in the late 20th and early 21st centuries was so extensive that it could weather a near total collapse of the system without having to yield its power or privilege.
I don’t doubt that there are some actually useful reforms included, or that some are misguided. But that is mere quibbling around the edges. Nothing in this bill acknowledges the failures of the premises that are central to the system.