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Obama said he would end "too big to fail" tax payer support of companies. The Democrat law he signed actually strengthens it, but it is okay, because there is a new phrase "Systemically Important Financial Institutions" that get money in a meltdown...same companies though.
To briefly summarize the linked article - Republican House member Steve Scalise still doesn't like the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, but makes no proposals of his own regarding financial regulation.
To briefly summarize the linked article - Republican House member Steve Scalise still doesn't like the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, but makes no proposals of his own regarding financial regulation.
Did Obama with a Democratically controlled congress fulfill his promise to end too big to fail tax payer bailouts? No. Obama failed at this promise.
Words coming from Obama's mouth are simply a sign air is passing from his lungs over his vocal cords and out his mouth vibrating the air to mimic meaningless words and sentences in a melodic pattern.
Words coming from Obama's mouth are simply a sign air is passing from his lungs over his vocal cords and out his mouth vibrating the air to mimic meaningless words and sentences in a melodic pattern.
In other words, well-spoken and lets throw Biden's "clean" in the mix.
The need to secure the system is to separarate the banks from the investment banks. The Republican did in that law in 1998. Do you really think they will put in the best safeguard for the people of the US. I think not.
Dodd-Frank has a system to be able to keep the large Banks from killing the system.
The need to secure the system is to separarate the banks from the investment banks. The Republican did in that law in 1998. Do you really think they will put in the best safeguard for the people of the US. I think not.
Dodd-Frank has a system to be able to keep the large Banks from killing the system.
There isn't a correct fact in this post.
The Fed continues to shovel money into the big banks, and has been doing so since 2008.
Congress repealed, and Clinton signed the repeal of Glass Steagle in 1999. Once that happened, it took less than a decade for the big banks to cause another economic depression. Why would Clinton have signed that law, you ask? So banks could lend money to deadbeat minorities so they could 'buy' homes.
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First- Don't blame Obama
