Dr.Dross

Not a lot has to be said on this matter. The regulations that were lifted on Wall Street and Banks prior to 2008 almost destroyed this country and cost us hundreds of billions of dollars to the nation and endless hardships for our citizens that is still being felt. Swamp Thing and the GOP want to repeal the safety measures put in place under the Dodd-Frank regulations to help prevent such a disaster from happening again. Insanity or The Swamp taking over the world?

the waker Loc: 11th freest nation

Keep in mind it was Slick Willie that repealed the Glass-Steagle​ Act which lead to the last market crash.
The Dodd-Frank regulations did absolutely nothing to prevent the up coming disaster, as we never actually fixed the problem in the first place after 2008.
The banks and they're F**e "stress tests" were BS from the start.

X-22 report has been following this next disaster for over 3.5 years now.
Just because the bubbles are once again fully inflated, and the band-aids are falling off, doesn't mean this is a new issue, or one that wouldn't take place eventually.
Our country is fully mortgaged and it's only a matter of time till it finally catches up with us.

There is a " financial correction " approx. every 8 to 10 years, so were do.
This is the primary issue with a Fiat monetary system.

If you think the "bail outs " were bad, just wait till you see the "bail in" scenario passed by the previous Administration, it will scare the hell out of anyone with more than $50,000 in the bank, 401k, stocks, bonds.....

Weasel Loc: In the Great State Of Indiana!!

The next financial disaster will be Orchestrated, with extensive vetting as to who will be the star players. Check out PIPER Law Firm on Google and you will understand how it is going to work!
As usual we the people will suffer as the Elite will celebrate the outcome.
I am sure that President Trump will be the underdog in this historic disaster! The timing could not be better, as the liberals scream
I TOLD YOU SO!
We know this going in, but no one will do anything to stop it. IT's ALL ABOUT THE MONEY $$$. A very calculated plan!

Dr.Dross

Dodd-Frank regulations came after the 2008 disaster. Signed into law July of 2010.

Dr.Dross

Slick Willie lowered the standards to get a mortgage. The mortgage companies drastically reduced those standards further and then bundled thousands together and marketed them as equity. Useless paper, as it turned out, being gobbled up by the Banks-too-big-to fail and used as security.

the waker Loc: 11th freest nation

The mortgage companies reduced the standards unilaterally?

Do you think it's any better now?
The Glass-Steagle Act also would have prevented such practices.

Eventually people are going to have to understand who is actually running this country, it's not Republicans or Democrats.

Something tells me people's eyes are going to open in the months to come.

My recommendation is to look into the CFR and they're influence over both parties, then maybe everyone can start getting a better grasp of the overall situation we are about to enter.

There was a documentary called "Crisis of Civilization", it can prob. still be found on YouTube, it can be quite informative on the matter.

the waker Loc: 11th freest nation

...and the banks are no more solvent then they were before the Dodd-Frank Act was passed.
The only difference was people bought into the baloney.

If we think the "bail outs" we're bad, just wait for the "bai -ins" taken from everyone's pensions, 401k, bank accounts, ect.... Much like what occurred in Cyprus.
We have zero protection from the bankers now, a stepping stone for globalization.
It's already signed into law by our previous Administration.

At this point I would recommend protecting our aquired wealth in other avenues before it's taken to pay off the debt our country has accumulated to continue the "status quo" of living.

Soon our entire country will get flipped upside down.
We had our chance.
I believe it to be inevitable now.