According to a recent CNN commentary, the new spending bill passed by Congress that funds the government though Sept. 2015 will cause Wall Street to dictate the action of Congress – once again – due to the repeal of a banking regulation provision passed under the Dodd-Frank law, which was passed after the economic meltdown of 2008.
The commentary states that when Republicans take over Congress in January, they will “relentlessly attack” the financial regulations that currently prevent banks from receiving bailouts, and therefore will end up “putting the economy and taxpayers at risk.”
So, CNN pre-blaming the Republican party for the bank bailouts that are sure occur again, financed courtesy of Joe Taxpayer.
GO TO PAGE 2 FOR MORE USING THE LINK BELOW:
Dodd frank is why you can’t get a mortgage. As a retired mtg banker and owner of consolidated capital corp I think I know a little bit about the subject. Frank admitted the harp program wasn’t fair to the mortgagors. ( that’s the borrower). The govt is an accomplice to fraud!
the F R bank wants you to give then all of your money and bend over and spread it…… I am going to enjoy watching the Lord Jesus Christ destroy the evil of this world…….
if you are going to bailout some body give it back to the people you took it from
Legalize tax and regulate marijuana would help us Much rather live in a world of pot heads than alcoholics.
C
I think CNN is full of it and lies all the time.
http://www.dailykos.com/story/2014/12/14/1351689/-Which-32-Senate-Democrats-Just-Sold-You-Out-to-Give-Wall-Street-a-CRomnibus-Keep CHRIST in CHRISTmas … Who’s with me?
Want to solve our economic problems? Ban all current currency (federal currency) each state reinstates and develops a new national silver certificate based on silver.. Id say gold but the bush administration took the last 300 billion in gold we had in 9/11 attacks
Lets see… I think Obama gave the bailouts didn’t he??? GM, Ch, Banks ect.
Just remember Congress still is Democratic run by Reid. Republicans doesn’t take over the Congress until January