Progressives blissfully over regulate...

[Lukey]

While ignoring that it always has deleterious side effects that end up hurting the small, honest businesses that are (or at least were) the bedrock of our economy:

A February 2015 working paper by Marshall Lux and Robert Greene at Harvard's Kennedy School found that "while community banks weathered the crisis with greater resilience than many mid-size counterparts, since the passage of the Dodd-Frank Act the pace at which community banks have lost market share is nearly double what it was during the crisis."

In other words, community banks were more prudent and thus did better in the financial crisis, yet they have been getting killed ever since by the regulatory response that Dodd helped usher in.

http://www.washingtonexaminer.com/d...r: Opinion Digest - 07/21/15&utm_medium=email

 

[Queen Titania]

While ignoring that it always has deleterious side effects that end up hurting the small, honest businesses that are (or at least were) the bedrock of our economy:

A February 2015 working paper by Marshall Lux and Robert Greene at Harvard's Kennedy School found that "while community banks weathered the crisis with greater resilience than many mid-size counterparts, since the passage of the Dodd-Frank Act the pace at which community banks have lost market share is nearly double what it was during the crisis."

In other words, community banks were more prudent and thus did better in the financial crisis, yet they have been getting killed ever since by the regulatory response that Dodd helped usher in.

http://www.washingtonexaminer.com/dodd-frank-at-5-helping-big-banks-get-bigger/article/2568637?utm_campaign=Washington Examiner: Opinion Digest&utm_source=Washington Examiner: Opinion Digest - 07/21/15&utm_medium=email

As far as I am aware, all of our little ones have gone.

This all does trace back to the Trilateral Commission who have now almost taken over completely, it is now just the TTIP and they have us --- completely and totally, all of us. The Whole Wide World to do with as they wish ---- and they do NOT wish any of us well.

 

[Lukey]

As far as I am aware, all of our little ones have gone.

This all does trace back to the Trilateral Commission who have now almost taken over completely, it is now just the TTIP and they have us --- completely and totally, all of us. The Whole Wide World to do with as they wish ---- and they do NOT wish any of us well.

I guess I try and disbelieve in these kinds of dystopian views of the direction we've taken, but it certainly appears as if the way things are is consistent with what these theories suggest. The rich keep getting richer and the rest of us "owe our souls to the company store."

 

[Queen Titania]

I guess I try and disbelieve in these kinds of dystopian views of the direction we've taken, but it certainly appears as if the way things are is consistent with what these theories suggest. The rich keep getting richer and the rest of us "owe our souls to the company store."

I promise you, so did I try very very hard not to have to believe --- but in the end it is so obvious one must face it and even if there is little we can do at least we can tell the truths about those who are forcing their monopoly on this, our only, World ---

Many of the comfortably off and the rich too will be swept away in the next crash I should imagine --- because where can one keep ones 'riches'? How can one do any transactions with out the Banks, even the old car breakers yards are now so regulated it's not true --- farmers can't use local people for seasonal picking without putting them on the books they are forced into using migrant workers who for some reason do not have to be written in the book --- so even or rather especially at the bottom of the heap the regulations are in place ---- Corporates do all the building jobs, there are few small builders any more, all bankrupted. And so on and on as we climb the ladder -----

The Trilateral Commission = A World Wide Monopoly.

 

[Lukey]

I promise you, so did I try very very hard not to have to believe --- but in the end it is so obvious one must face it and even if there is little we can do at least we can tell the truths about those who are forcing their monopoly on this, our only, World ---

Many of the comfortably off and the rich too will be swept away in the next crash I should imagine --- because where can one keep ones 'riches'? How can one do any transactions with out the Banks, even the old car breakers yards are now so regulated it's not true --- farmers can't use local people for seasonal picking without putting them on the books they are forced into using migrant workers who for some reason do not have to be written in the book --- so even or rather especially at the bottom of the heap the regulations are in place ---- Corporates do all the building jobs, there are few small builders any more, all bankrupted. And so on and on as we climb the ladder -----

The Trilateral Commission = A World Wide Monopoly.

http://www.businessinsider.com/bridgewater-says-to-get-out-of-china-2015-7

 

[Queen Titania]

http://www.businessinsider.com/bridgewater-says-to-get-out-of-china-2015-7

But but but who really owns China's economic growth? Even Corporations with China in its name -ie Oil - are owned by whom? Vanguard holds much of China's shares or did --- Anything America owes China, China is only allowed, by Congress, to buy back into the US with - in bonds and or not too super duper real estate.

This is like a War isn't it?

 

[as seen on tv]

While ignoring that it always has deleterious side effects that end up hurting the small, honest businesses that are (or at least were) the bedrock of our economy:

A February 2015 working paper by Marshall Lux and Robert Greene at Harvard's Kennedy School found that "while community banks weathered the crisis with greater resilience than many mid-size counterparts, since the passage of the Dodd-Frank Act the pace at which community banks have lost market share is nearly double what it was during the crisis."

In other words, community banks were more prudent and thus did better in the financial crisis, yet they have been getting killed ever since by the regulatory response that Dodd helped usher in.

http://www.washingtonexaminer.com/dodd-frank-at-5-helping-big-banks-get-bigger/article/2568637?utm_campaign=Washington Examiner: Opinion Digest&utm_source=Washington Examiner: Opinion Digest - 07/21/15&utm_medium=email

this is exactly the conundrum posed by ever escalating regulation

although your local congressman may give speeches extolling "main street" and community banking, those are EXACTLY the sorts of businesses who will most burdened by additional regulations

Citibank and Chase can afford to hire a small army to comply with dodd frank, and all the examiners/regulators. "hometown savings and loan" can't. So its stock gradually sinks, and then it's bought by "Ginormous Multinational Bank" for a pittance, not only inconveniencing the local users, but impoverishing the local residents who were founders of the bank, and owned shares in it.

little known fact - the FDIC and other banking regulators actually prefer to have 6-10 ginormous banks, from a regulator standpoint. They're much easier to audit and control than 10,000 smaller institutions.

this is what has happened in England. 6 banks control 90% of the industry. And from a licensing and capitalization standpoint, its almost impossible to receive permission to start a competitor in the UK.

 

[Jen]

While ignoring that it always has deleterious side effects that end up hurting the small, honest businesses that are (or at least were) the bedrock of our economy:

A February 2015 working paper by Marshall Lux and Robert Greene at Harvard's Kennedy School found that "while community banks weathered the crisis with greater resilience than many mid-size counterparts, since the passage of the Dodd-Frank Act the pace at which community banks have lost market share is nearly double what it was during the crisis."

In other words, community banks were more prudent and thus did better in the financial crisis, yet they have been getting killed ever since by the regulatory response that Dodd helped usher in.

http://www.washingtonexaminer.com/dodd-frank-at-5-helping-big-banks-get-bigger/article/2568637?utm_campaign=Washington Examiner: Opinion Digest&utm_source=Washington Examiner: Opinion Digest - 07/21/15&utm_medium=email

Hopefully our next president will swing that regulation pendulum in the other direction. Unfortunately there isn't really any way to tell about that ahead of time since politicians are such liars.

 

[Lukey]

Hopefully our next president will swing that regulation pendulum in the other direction. Unfortunately there isn't really any way to tell about that ahead of time since politicians are such liars.

Kasich mentioned that on Meet the Press yesterday!

 

[Jen]

Kasich mentioned that on Meet the Press yesterday!

I like Kasich but I don't know if he has the name recognition to get him much mileage.