Post Tagged with: "financial reform"

November 17, 2010 13:31

The Dodd-Frank Wall Street Reform & Consumer Protection Act of 2010: Is It Constitutional?

Dodd-Frank appears to require almost a dozen different federal agencies to complete between 240 to 540 new sets of rules, along with approximately 145 studies that will very likely affect rule making.

November 15, 2010 07:02

Gut FinReg Too

Republicans ought to go through Frank’s monstrosity, page by page, and strip out all its jobs-killing and capital-killing provisions — along with the new race-based mandates Democrat Rep. Maxine Waters stuck in. Such politically mandated lending is what got us into this mess in the first place.

July 6, 2010 04:43

Lack of jobs increasingly blamed on uncertainty created by Obama’s policies

There is one word being mentioned by business leaders and economists more frequently when the conversation turns to why jobs are not returning more quickly to the U.S. economy: UNCERTAINTY.

June 11, 2010 15:37

CBO: House financial regulation reform bill would increase deficit by $19.7B

This financial bill is a nightmare. ‘There is going to be a tremendous loss of freedom.’ Call your legislator NOW! 202-224-3121

May 28, 2010 09:16

Has the SEC Charged the Right People with Securities Fraud?

It appears that the age of soft tyranny has ended, so be ready for more taxpayer-funded bailouts due to government-designed economic bubbles, based on unsound economic policy, and justified through social justice — all of which will be followed by major economic collapses.

May 27, 2010 04:33

‘Financial’ bill invades privacy, allows nationalizing businesses

As we’ve been warning here for weeks, this supposed ‘reform’ bill is a socialist nightmare. The bill allows seizure of business without judicial review and allows the government to look at all transactions even private ones. The Treasury department will have authority to bailout, seize or guarantee debt without judicial or congressional oversight. Call your lawmaker and tell them to say no to this dangerous bill.

May 21, 2010 04:52

Why does every new bill give the government vast new power?

Senate passes financial regulation bill giving the federal government vast new powers. Republicans slammed the bill for doing nothing to fix the problem of Fannie Mae and Freddie Mac, the two government-owned failed mortgage giants who have cost taxpayers $145 billion and are poised to hemorrhage hundreds of billions more over the next few years.

May 20, 2010 18:50

Heading for 99% debt to GDP

Pataki: Washington is blindly spending, blindly over regulating

May 20, 2010 18:13

Scott Brown shows he’s a sellout – takes bribe from Reid

The Massachusetts Republican, who had voted against ending debate on Wednesday, met with Reid Thursday morning to voice his concerns regarding the bill’s effect on Massachusetts banks such as State Street and insurance firms such as MassMutual. House Financial Services Committee chairman Barney Frank, also of Massachusetts, weighed in Thursday with letters to Reid offering his own guarantees that the final bill would resolve Brown’s concerns.

May 11, 2010 09:34

Dodd’s Bank Bill: Worse Than ObamaCare. It’s the Nationalization, Stupid!

To put it bluntly but absolutely accurately, this bill sets up a mechanism for the Treasury Secretary, the Federal Reserve, and the Federal Deposit Insurance Corporation to nationalize virtually any business they deem to be a threat to American “financial stability.”