Mark Calabria discusses the credit card bill on CNBC
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I think its laughable that they speak as though its their problem to solve.
freemarketcapitalist 2 years ago
... Lady, the fed was created in 1913, not in the 1930s. Also, the Cato Institute needs to start bashing the Federal Reserve and really going after these left wing regulators and demolishing their arguments, like the Mises Institute does.
return135 2 years ago 2
mark is right.
inconformant 2 years ago
I just found out today that Ron Paul was one of the republicans that voted "no." The other guy might be one of your suggestions, but Ron Paul definetly voted "no."
sniper6081 2 years ago
It looks like Paul voted for actually. Flake, too. The Republican Noes were Castle and Kirk.
NekoMouser 2 years ago
The other was probably Jeff Flake
chevydriver1123 2 years ago
wow you are missing the point. The 5 year old can not make rational choices. (this is an assumption of free market economics. Who cares if you want to take the chance of a 5 year old. Truly Free Markets result in efficiency at the price of slavery and death. A truly free market does not foster a society. Markets help provide material needs to a society. If the focus becomes on maxing the market, the society will be lost.
Kenmoron 2 years ago
I wonder if Ron Paul was one of the two republicans that voted against it. He probably was.
sniper6081 2 years ago
What if I want to let a 5-years old kid borrow my money? Is the government there to tell me what I should do with my money, to regulate me. I would be the one taking the risk, the the kid. Now, let's replace me with a bank. A bank should and do know what they're doing. We should let the laws of the free market regulate borrowing, not the government. Government regulates China, Russia, but it should not regulate a free society like ours.
torresut 2 years ago
Kim, you want less complexity, shrink government.
Duh.
Surhotchaperchlorome 2 years ago