Trump trying to water down already watered down Dodd-Frank

Fire_Marshall_Bill

https://www.wsj.com/articles/trump-administration-proposes-wide-ranging-rethink-of-market-regulations-1507298400?mod=e2tw

RaceBannon

Good

UWhuskytskeet

RaceBannon said:

Good

Why?

doogie

fuck

Cause bankers gonna bank, that’s why.

2001400ex

UWhuskytskeet said:

RaceBannon said:

Good

Why?

Race likes financial meltdowns like in 2008 and the savings and loan deal in the 80s.

Dude61

2001400ex said:

UWhuskytskeet said:

RaceBannon said:

Good

Why?

Race likes financial meltdowns like in 2008 and the savings and loan deal in the 80s.

Dodd-Frank will not prevent another bank meltdown, or prevent the loss of any money you might have on deposit at a bank.

dhdawg

UWhuskytskeet said:

RaceBannon said:

Good

Why?

because Obama signed it

UWhuskytskeet

Dude61 said:

2001400ex said:

UWhuskytskeet said:

RaceBannon said:

Good

Why?

Race likes financial meltdowns like in 2008 and the savings and loan deal in the 80s.

Dodd-Frank will not prevent another bank meltdown, or prevent the loss of any money you might have on deposit at a bank.

Yeah that's called FDIC.

RaceBannon

Why not?

UWhuskytskeet

RaceBannon said:

Why not?

Well shit, you convinced me!

RaceBannon

I remain unconvinced of your argument

CirrhosisDawg

RaceBannon said:

Good

DF imposes a massive regulatory burden, decreases capital available for lending, punishes risk-reward tradeoff in the pricing of credit products, and increases costs all around. None of which addresses the problem of 2008: gatekeeping the shit credits out of the system that ended up polluting the entire system (looking at you WAMU, countrywide and citi capital).

2001400ex

.

Fuck it I'm drunk.

Mosster47

2001400ex said:

UWhuskytskeet said:

RaceBannon said:

Good

Why?

Race likes financial meltdowns like in 2008 and the savings and loan deal in the 80s.

No one on this bored loves it more than me. Recession is amazing.

oregonblitzkrieg

2001400ex said:

UWhuskytskeet said:

RaceBannon said:

Good

Why?

Race likes financial meltdowns like in 2008 and the savings and loan deal in the 80s.

Financial meltdowns like 2008 are the best buying opportunities.

GrundleStiltzkin

oregonblitzkrieg said:

2001400ex said:

UWhuskytskeet said:

RaceBannon said:

Good

Why?

Race likes financial meltdowns like in 2008 and the savings and loan deal in the 80s.

Financial meltdowns like 2008 are the best buying opportunities.

@thechatch true????

Gwad

@RaceBannon brought the idea of using sticks to fish for ants to our species. Should probably just listen to him.

doogie

Well, he’s pretty smart then because if you leave a box of fish Styx on the ground, you’re sure to draw ants.

Gwad

doogie said:

Well, he’s pretty smart then because if you leave a box of fish Styx on the ground, you’re sure to draw ants.

Doesn't work if you believe in linear time. Race Bannon's Innovation > Industrial Society > Fish Stix

Mosster47

Gwad said:

doogie said:

Well, he’s pretty smart then because if you leave a box of fish Styx on the ground, you’re sure to draw ants.

Doesn't work if you believe in linear time. Race Bannon's Innovation > Industrial Society > Fish Styx

creepycoug

oregonblitzkrieg said:

2001400ex said:

UWhuskytskeet said:

RaceBannon said:

Good

Why?

Race likes financial meltdowns like in 2008 and the savings and loan deal in the 80s.

Financial meltdowns like 2008 are the best buying opportunities.

No shit?