Tag Archives : Dodd-Frank


“Too Big To Fail” designation of banks makes economic disaster more likely

  Source: http://www.againstcronycapitalism.org By Nick Sorrentino “Too Big To Fail” designation of banks makes economic disaster more likely     The big banks, which in 2008 nearly went belly-up because they were overleveraged and needed a taxpayer funded bailout in order to survive a reversal in the economic tide, are even bigger today. They pose […]

Bank-cc-cc-cc1-565x424

TBTF-23

Will GOP lawmakers do anything about the “Too Big To Fail” bank subsidy? Probably not.

  Source: http://www.againstcronycapitalism.org By Nick Sorrentino Will GOP lawmakers do anything about the “Too Big To Fail” bank subsidy? Probably not.     Dave Camp in the House and David Vitter in the Senate are looking to address the implicit subsidy granted to banks designated as too big to fail. These banks are able to […]


Banks’ Lobbyists “Help” in Drafting Financial Bills

Source: http://www.againstcronycapitalism.org By Nick Sorrentino Banks’ Lobbyists “Help” in Drafting Financial Bills   Who writes the laws? The lobbyists.This isn’t completely true, but it is true to a very large extent as this article explains. The thicker the law, the more opaque the legislation, the more opportunities there are to make money. There’s a reason […]

Banks’ Lobbyists “Help” in Drafting Financial Bills

Breaking…Government agency now into your private retirement funds 1

Source: http://randysrightiii.wordpress.com By RandysRight Bloomberg has reported that the US Consumer Financial Protection Bureau is considering taking a role in managing the $19.4 Trillion in American’s retirement US Consumer Financial Protection Bureau. Yes, you read that correctly, the government agency created in 2010 as part of Dodd-Frank is weighing ‘helping’ Americans manage their retirement funds…naturally […]


Will this scare insider traders straight?

Source: http://www.reuters.com Breakingviews: Gupta fear factor? June 18 – Jeffrey Goldfarb and Reynolds Holding discuss whether the guilty verdicts against former McKinsey boss and Goldman director Rajat Gupta will deter other would-be insider traders.


Arse Backwards: The Federal Reserve’s Approach to the Housing Market

Source: http://www.forbes.com By Steve Forbes, Forbes Staff Arse Backwards: The Federal Reserve’s Approach to the Housing Market This article originally appeared in the Mar. 26, 2012 issue of Forbes magazine. In reaffirming its near 0% interest rate policy for another three years the Federal Reserve averred that this was ­necessary to revive the housing market, […]


The 16 Trillion Dollar Bailout The Federal Reserve Handed To The Too Big To Fail Banks

Source: http://theeconomiccollapseblog.com Have You Heard About The 16 Trillion Dollar Bailout The Federal Reserve Handed To The Too Big To Fail Banks? What you are about to read should absolutely astound you.  During the last financial crisis, the Federal Reserve secretly conducted the biggest bailout in the history of the world, and the Fed fought […]


‘Government Has Our Best Interests At Heart!’ Oh, Shut Up

Source: http://www.tomwoods.com Thomas E. Woods, Jr., is the New York Times bestselling author of 11 books. A senior fellow of the Ludwig von Mises Institute, Woods holds a bachelor’s degree in history from Harvard and his master’s, M.Phil., and Ph.D. from Columbia University. This is simply unbelievable. For a long time, a very wealthy friend […]


The End Of The Affair

Source: http://www.tnr.com By Timothy Noah Jon Corzine’s testimony before the House agriculture committee may mark the definitive end to the Democratic party’s love affair with Wall Street. Once upon a time, Wall Street bankers were Republicans. Not terribly ideological, they preferred whenever possible a minimum of taxation, regulation, and government in general, but they didn’t […]


PAUL: One year to go

Source: http://www.washingtontimes.com By Rep. Ron Paul-The Washington Times I firmly believe the American people are serious about cutting spending and fixing our debt crisis now. Those struggling to make ends meet and provide for their families while also trying to save for the future know we must change course immediately. I’m not running for president […]