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	<title>An Experiment in Scotch &#187; finanical reform</title>
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	<description>&#34;I write to discover what I believe.&#34; Michael Lopp on Twitter</description>
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		<title>Baby Steps</title>
		<link>http://www.anexperimentinscotch.com/2010/01/baby-steps/</link>
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		<pubDate>Sat, 23 Jan 2010 11:56:05 +0000</pubDate>
		<dc:creator>Scotch Drinker</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[bailouts]]></category>
		<category><![CDATA[finanical reform]]></category>

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		<description><![CDATA[This week, President Obama proposed regulatory changes that would limit big banks, implicitly those that received the guarantee of a government backstop during the crash last year, from investing for profits using their own hedge-funds or proprietary trading desks. This would be an excellent first step in reining in the power that the JP Morgans [...]]]></description>
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