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RE: Trump deregulates business and finance...
February 6, 2017 at 7:52 am
(February 6, 2017 at 6:11 am)Mr Greene Wrote: So he's removing the regulations for business and finance organisations.
Trump repeals Dodd-Frank
Trump repeals business regulations
Welcome to your corporate overlords...
US financial meltdown in 3,2,1....
OK it'll probably take a few years, but given how shaky the financial system and the economy as a whole are after just barely surviving the 2008 crash (frankly under older rules and without the mass book cooking, we'd still be classifying the world economy as being in a depression) a quick and terminal plunge is the 99.999999999999999999999999999999% probability.
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RE: Trump deregulates business and finance...
February 6, 2017 at 11:52 am
It probably is intended to cover shady deals, however the ultimate effect will be to shackle and process the American public, (and by extension just about anyone who has business with American companies) in an attempt to wring out all possible value.
Quote:I don't understand why you'd come to a discussion forum, and then proceed to reap from visibility any voice that disagrees with you. If you're going to do that, why not just sit in front of a mirror and pat yourself on the back continuously?
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RE: Trump deregulates business and finance...
February 6, 2017 at 11:54 am
Dodd Frank did jack shit it didn't work. What we need is a new glass steagall
otherwise Dodd Frank did nothing to stop the economy from a future collapse that is going to happen.
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RE: Trump deregulates business and finance...
February 6, 2017 at 12:01 pm
(This post was last modified: February 6, 2017 at 12:02 pm by The Grand Nudger.)
Must've been what he meant by giving power back to the people, looking out for the little guy, and all that. I'm sure that rural america will prosper on the back of these decisions.
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RE: Trump deregulates business and finance...
February 6, 2017 at 3:04 pm
Just wanted to point out, Trump cannot "overturn" Dodd-Frank. It is a law. It may be repealed, by Congress.
The only thing Trump's ordered is a "review", which no doubt means "come up with every half-assed reason you can to justify its repeal once Congress gets to it."
