Quote:
Originally Posted by Danzig
too true. and romney's position is to loosen bank regulations even more. what will that do??? we don't need banks running rampant again/still!! they need to put glass/steagall back in action.
and it wasn't that favorite target of dems, george bush, who signed that law removing g/s. that would be bill clinton. yeah, it's all bushes fault the economy took a sh!t.
but yeah, the real problem is that poLIEticians are in it for the money. and us middle class peasants aren't the ones with the money.
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that is a fine line you need with banking regulation. Too much regulation like we have today and there is no risk taking in business or consumer lending. Too little regulation and we get what we had in the early 2000's. Dodd/Frank went way too far and is not helping the consumer at all just putting more money in the government and the banks pockets