This so-called reform actually makes the big banks more powerful. These politicians can talk all they want about finance, regulations and everything else, NOTHING will change until the Fed Reserve is closed or leashed, lobbying in Washington is made ILLEGAL and we move to public financed only elections. What politicians are talking about these two things?
If your smart people you'll get at least 1 year food storage, a battle rifle and lots of ammo. If there is any money left some gold and silver. Good Luck and keep on prepping!
So... we need to break up big banks because you jackasses in Washington don't have the political will to stand up to their lobbyists and say NO when they ask for a bailout? Fuck off, Democrats. Ending TBTF as easy as saying "No bailouts." It's really quite simple. For you to twist the issue around into some "Let's exploit this situation to eliminate economies of scale in banking and break up all the big banks" is just absurd. Community banks can only do so much. Big banks are innovators.
@whoo689 Besides, where's the audit the fed provision in this bill? Or perhaps a provision to FINALLY end those pieces of crap known as Fannie and Freddie?
Or better yet, how about a provision REFUSING to allow the Fed to lower interest rates to ridiculously low near-zero levels, so that kind of asset or housing boom is much less likely to occur in the future? Sure, Wall St. had a hand in this... but so did the gov't. To ignore one and focus entirely on the other solves half the problem.
@Trixisforkidz only 10 trillion in debt. however I'm not in debt to anyone, that's the federal government and I'm not responsible for a penny of that money I have my own bills. they are all payed.
@Trixisforkidz more here than you realize. the thing to do is start your own business and keep it here. Everybody has the same opportunity as the people who started the big companys' . ford started out of his garage, etc..... we are not a 14 trillion dollar economy for no reason . there is still plenty of opportunity here.
A good economy should be because of sound business practices not lending. a stable business does not need loans to grow. the profit takes care of the proper amount of growth.
God I miss debate class.
LYinKansas 1 year ago
This so-called reform actually makes the big banks more powerful. These politicians can talk all they want about finance, regulations and everything else, NOTHING will change until the Fed Reserve is closed or leashed, lobbying in Washington is made ILLEGAL and we move to public financed only elections. What politicians are talking about these two things?
TheUSMetalhead 1 year ago
@TheUSMetalhead Three things. lol
TheUSMetalhead 1 year ago
The American Power Structure watch?v=NDEgBWO54dA
The big banks never lose.
PrudenceWright 1 year ago
If your smart people you'll get at least 1 year food storage, a battle rifle and lots of ammo. If there is any money left some gold and silver. Good Luck and keep on prepping!
drewstarr71 1 year ago
So... we need to break up big banks because you jackasses in Washington don't have the political will to stand up to their lobbyists and say NO when they ask for a bailout? Fuck off, Democrats. Ending TBTF as easy as saying "No bailouts." It's really quite simple. For you to twist the issue around into some "Let's exploit this situation to eliminate economies of scale in banking and break up all the big banks" is just absurd. Community banks can only do so much. Big banks are innovators.
whoo689 1 year ago
@whoo689 Besides, where's the audit the fed provision in this bill? Or perhaps a provision to FINALLY end those pieces of crap known as Fannie and Freddie?
Or better yet, how about a provision REFUSING to allow the Fed to lower interest rates to ridiculously low near-zero levels, so that kind of asset or housing boom is much less likely to occur in the future? Sure, Wall St. had a hand in this... but so did the gov't. To ignore one and focus entirely on the other solves half the problem.
whoo689 1 year ago
@Trixisforkidz only 10 trillion in debt. however I'm not in debt to anyone, that's the federal government and I'm not responsible for a penny of that money I have my own bills. they are all payed.
circusboy90210 1 year ago
@Trixisforkidz more here than you realize. the thing to do is start your own business and keep it here. Everybody has the same opportunity as the people who started the big companys' . ford started out of his garage, etc..... we are not a 14 trillion dollar economy for no reason . there is still plenty of opportunity here.
circusboy90210 1 year ago
"To big to fail is too big to exist."
chocomalk 1 year ago
A good economy should be because of sound business practices not lending. a stable business does not need loans to grow. the profit takes care of the proper amount of growth.
circusboy90210 1 year ago
Damn and this is coming from a Democrat!! Wow, I think that she is dead on the money with her sttatements.
slhines7 1 year ago
That's because the markets are manipulated by a group of satanic elitists =D
Hauteur723 1 year ago