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Frank-Dodd wasn't nearly as strict as the post-1929 regulation (Glass-Steagall act) that actually prevented such crisies for half a century.
by badpun 7mo ago
Frank-Dodd wasn't nearly as strict as the post-1929 regulation (Glass-Steagall act) that actually prevented such crisies for half a century.
- CharlieDigital 7mo agoSure, but is that Obama's fault? See GP
- badpun 7mo agoIf it wasn't in his power to toughen regulation, why did he promise it in his campaign?
- CharlieDigital 7mo agoSo do you or do you not understand how the branches of government work? An executive's promise can only mean "I will sign the bill" because aside from executive orders, legal structures originate from the legislative.