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Trump and the GOP get tough on Wallstreet and Banks ...
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2017 Jun 8, 3:07pm 2,251 views 5 comments
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MisdemeanorRebel
2017 Jun 8, 3:11pm
Did Dodd-Frank stop banks from becoming too big to fail again?
justme
2017 Jun 8, 3:12pm
Oh man. The senate might block this but would be a disaster if it passed.
Y
2017 Jun 8, 3:13pm
Yup. If you libbies didn't force trannies into girls bathrooms none of this would be occurring.
It was all a big joke on the rural fucks way back when.
Whose laughing through their buck teeth now?
What a nightmare for actual people. How stupid.
Rew
2017 Jun 8, 3:23pm
Cannot wait for my money to go chase some innovative auto-loan financial products.
Rew
2017 Jun 8, 4:04pm
"The paper chases the paper. The models look good. The numbers go higher. Woopity-doopity-dooo!"
Hehe. Too bad FIRE innovation doesn't actually make anything. You can argue it can allow people to take on debt and buy things they couldn't otherwise, but that is not what is holding our economic growth back ... at all.
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... by passing a bill to gut Dodd-Frank and most crucially, remove the Volcker Rule.
The vote was unsurprisingly, 100% partisan : all GOP members (except 1 abstention) voted in favor. All Dems opposed. Trump supporters can be heard saying, "MAGA! Jobs jobs jobs." ... and they have no idea how this will benefit anything on main-street at all, because it won't. Net effect for economy will be banking and investing BS which produces nothing for society except being a major instability risk.
“I’m puzzled by arguments that say ‘OLA isn’t perfect, let’s get rid of it,’†Bernanke said at a Brookings Institute panel.
The "it's imperfect get rid of it" is the current GOP strategy to move the $s further up the ladder on anything they can: healthcare, dodd-frank, taxes. What a nightmare for actual people. How stupid.