The BANZAI7 INSTITUTE announced its Financial Doomsday Clock will remain at 11:59PM despite this week's announcement of the proposed "Volcker Rule." Reasons given were as follows:
Rahm Emmanuel has no clue how to organize and execute a legislative offensive.
This week's Supreme Court decision allowing corporate lobbying to go unchecked.
Timmy Geithner will need to find a job after the dust settles.
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