And the legislation named after them!
AMEN!!
Yes, repeal Dodd-Frank and restore Glass-Steagall. Bankers should bank, and leave the gambling to the brokers.
Repeal Dodd-Frank, and bring back Glass-Steagall
Yeah and bring back caveat emptor. Let the buyer beware. Will put half the ambulance chasers and low life lawyers out of business. Flush them out of congress too.
Cruz and to a lesser extent Rubio and Carson, (and maybe Trump, but who could tell), said that letting the banks fail would have been preferable to what we did. I agree.
Today my local bank in a rural Oklahoma town of 7,500, subsidizes the Wall Street giants through hugely increased fees, taxes and costs all mandated by Dodd-Frank. From DC’s point of view, all is right with the world when money flows from Oklahoma to New York, and not the other way around.
Can’t wait to see that full report.
Happy Mid-Week! Stocks shot up a % and then some yesterday and NYSE volume came up. Profit taking in gold and silver over the weekend has stabilized and new bases are forming there too. Right now metals futures are up +0.57% and while these stock futures are +1.15% these others are not so sure. Today: Crude Inventories and Treasury Budget.
"Things" are happening:
Deregulate the banks period. The gummit has no business in banking.
Pray America wakes
Throw Sarbanes-Oxley in there too!
I’m sure they will get right on it.
Just like repealing Obozocare, fixing the tax code, welfare, ISIS, etc,etc,etc.
Reinstate Glass-Steagal is step #2.
Both must be done.
Rescind Obamacare, Sarbanes-Oxley, and the entirety of Dodd-Frank. Restore parts of Glass-Steagall.
Return federally-owned lands to the states in which they reside.
Eliminate the Dept of Education. Neuter the EPA by declaring CO2 the harmless gas it always has been. Re-define wetlands as places that actually have water on them. Approve the Keystone Pipeline, open both oceans for off-shore drilling. Allow exports of crude. Remove about half the endangered species from the list.
Mandate the removal of all Press Here for Spanish buttons at all ATMs. Ditto Oprima el numero dos as an allowable phone prompt.
And why should HAPPY HOUR be limited to one hour?
Affirmative action forced loans caused the collapse. Agencies were forced to make loans to unqualified Africans, but the institutions knew they were bad loans but some shyster in a blackrobe forced the issue.
And kill Sarbanes-Oxley while we’re at it.
PING!
can we repeal SarbanesOxley while we are at it?
It has destroyed long term planning for businesses and forces them to focus from quarter to quarter.