[T]he banking industry of the 19th century was destabilized by destructive government interventions, which were forcing and/or encouraging the bankers to act irrationally. The introduction of the Federal Reserve is, therefore, an example of the principle that controls breed controls.
Post Tagged with: "bank regulations"
Biden’s “Wall Street chains” unchain African-Americans from their jobs
Obama and Biden brag about their new bank regulations as getting tough on Wall Street but working class employees are losing jobs, especially African-Americans.
Dodd-Frankenstein bill strangling economy
“consumers will experience tight credit, higher fees, and fewer service innovations. Job creation will suffer.” … “financial firms of all sizes are shelling out hundreds of millions of dollars for regulatory compliance officers and attorneys rather than making loans for new homes and businesses.”
Why the U.S. economy is headed for a double dip
“the regulatory process is broken” and that it is “being manipulated and exploited in an effort to reward allies of the Obama administration such as environmental groups, trial lawyers and unions.” – Washington Examiner
Issa: Obama Regulations Are Biggest Obstacle to New American Jobs
Darrell Issa tells Cavuto that American businesses claim government regulations are hurting job growth. The Oversight Chairman visited Fox Biz to update you on the citizen-led regulatory relief House Republicans are delivering through AmericanJobCreators.com.
How Government Failure Caused the Great Recession
The interaction of six government policies explains the timing, severity, and global impact of the financial crisis.
Job engine of small business won’t start
People are not yet understanding the real goal of this administration. It is not job growth or economic growth. Their goal is redistribution of income (wealth). Only when you face that fact can you understand the policies of this administration. A banker and a business owner discuss the effect of current polices on small business.
‘Reform’ bill has unintended consequences and does disservice to our country
Senator Coburn on how Congress is to blame for financial crisis and is hiding fault with the ‘reform’ bill.