When President Obama signed the Dodd-Frank Wall Street “reforms” into law in 2010, he promised they would “bring the shadowy deals that caused this [financial] crisis into the light of day.”
We were “sold” that Dodd-Frank would end Wall Street insiders’ reckless risk-taking that cratered the global economy in 2008.
But most of all, it would end taxpayer bailouts of banks.
Sycophantic media pushed their Obama love to all-time highs on the news. And Americans connected to the Matrix… the ones asleep in a deep coma… well, they breathed a sigh of relief into their ventilators.
Paternal government patted the lemmings on the head and tucked them in bed with a smooch on the forehead. Everything was fine again.
All it took for happy days to return was a thick stack of regulations from D.C. hacks and the general populace rolled back over into a state of oblivion.
But the problem was never fixed. In fact, it’s gotten a whole lot worse…Full story...
Related posts:
We were “sold” that Dodd-Frank would end Wall Street insiders’ reckless risk-taking that cratered the global economy in 2008.
But most of all, it would end taxpayer bailouts of banks.
Sycophantic media pushed their Obama love to all-time highs on the news. And Americans connected to the Matrix… the ones asleep in a deep coma… well, they breathed a sigh of relief into their ventilators.
Paternal government patted the lemmings on the head and tucked them in bed with a smooch on the forehead. Everything was fine again.
All it took for happy days to return was a thick stack of regulations from D.C. hacks and the general populace rolled back over into a state of oblivion.
But the problem was never fixed. In fact, it’s gotten a whole lot worse…Full story...
Related posts:
- 1MDB: The inside story of the world’s biggest financial scandal...
- Kill the banker...
- Why the $5.7 billion dollar fine on big banks is actually a joke...
- Ireland jails three top bankers over 2008 banking meltdown...
- Iceland does what the US won’t: 26 top bankers sent to prison for role in financial crisis...
- Big bank 'crime of the century' results in guess what? No jail time for anyone...
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