Goldman Sachs CEO backs Hillary, paid her $675,000.00 for 3 speeches totaling just under 1 hour combined in length (democrat, suspected)
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Again, I never said D/F made fraud illegal. What exactly do you think would have happened with WF if dodd-frank did not exist? You can have laws all day, but if there are no cops to enforce them many will not abide. Dodd-Frank is that cop.
There were no cops to enforce the fraud. There was simply a quid pro quo between the criminals. The banks don't mind a little fine here and there. It's an understandable payment to continue to get away with illegal actions. If we wanted to stop this there would have been people criminally prosecuted.
You are making the false argument that without D/F there are no laws regulating fraud.
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What is your opinion? You think the banks can steal from you. I responded and you provide two links that do not address your original charge. If you think there could be better legislation than preemptive strike for too big to fail banks, then share it, but that is not an argument to dismantle DF by any stretch of the imagination.
How do you know it is not before even seeing it? You have already obviously made up your mind.
I am not aware there is a statue of limitation when it comes to crashing the economy.
So we can't say Bush's policy brought about the Great Recession even though it's the truth? Furthermore, now that Trump's policy closely mirrors Bush's he is still off limit? Why? Because otherwise you are unable to defend Trump?
The economy has been booming for the last few years. I will admit it is mediocre for those who are mediocre, generally speaking.
Obama's policies mirrored Bush's. The economy did well for one segment. Wall Street.
There were no cops to enforce the fraud. There was simply a quid pro quo between the criminals. The banks don't mind a little fine here and there. It's an understandable payment to continue to get away with illegal actions. If we wanted to stop this there would have been people criminally prosecuted.
You are making the false argument that without D/F there are no laws regulating fraud.
Here we go in circles again. It's ridiculous to state that I'm arguing there were no laws before DF when I'm telling you outright that's not what I'm saying. There was nobody policing and that is what DF is doing. IF DF were not in existence none if it would have come to light. That makes that aspect of DF a good thing.
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How do you know it is not before even seeing it? You have already obviously made up your mind.
I do not know what you are talking about. Before seeing what?
If your paycheck doesn’t stretch as far as it used to, you’re not alone. For the first time in more than four decades, the middle class is no longer the majority in America—and in terms of wealth, working families are falling further and further behind top earners.
Here we go in circles again. It's ridiculous to state that I'm arguing there were no laws before DF when I'm telling you outright that's not what I'm saying. There was nobody policing and that is what DF is doing. IF DF were not in existence none if it would have come to light. That makes that aspect of DF a good thing.
B.S. How did fraud get discovered and prosecuted before D\F?
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I do not know what you are talking about. Before seeing what?
If you are unable to follow what you said, I can not help you.
B.S. How did fraud get discovered and prosecuted before D\F?
i have no idea how or if it was discovered and prosecuted before. I think to a large extent it goes unnoticed and if it is found there is not much policy in place to curb it. Hence, the point of the regulation. Also, DF allowed for a deep dive into their practices and that needs to have a light cast on it. It's certainly not over, as Warren pointed out, because in the end it was low-level employees that were canned, not the big-wigs.
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If you are unable to follow what you said, I can not help you.
We are talking about charges you made- banks and government stealing deposits.
The attempted deflection in this thread is amusing.
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