Tuesday, February 07, 2017

Ultra-Big Bank Win

The headline will tell you all you need to know.

If you like dealing with Chase, USBank, Citi, and WellsFargo, that's good, because they will do everything in their power to keep the Dodd-Frank regulatory scheme in place.

It kills off the competitors.

We note that the "free trade" Republicans don't really like all that "free trade" when it comes to the banks.  Surprised??

4 comments:

Anonymous said...

this article would agree with your position

https://www.aei.org/publication/the-dodd-frank-acts-effects-on-financial-services-competition/

Anonymous said...

This one supports your position as well

http://www.cnbc.com/id/100431660

Anonymous said...

I keep on thinking about this post.
and the more I think about it, the more I realize Dodd Frank is just like Tarp. is.

Then I found this on brave web browser using duck duck go search engine.
A Google search would not find this article.

Morning Bell: Dodd Bill Creates Permanent TARP and You Can Quote That
http://dailysignal.com/2010/03/26/morning-bell-dodd-bill-creates-permanent-tarp-and-you-can-quote-that/

-Mississippi

Anonymous said...

Good news from the house,
But the senate will screw it up

While No One Was Looking, Congress Took A Huge Step Toward Fixing The Economy

http://www.investors.com/politics/editorials/while-no-one-was-looking-congress-took-a-huge-step-toward-fixing-the-economy/?utm_source=dlvr.it&utm_medium=twitter&utm_campaign=Editorials&utm_content=social