So Long Dodd-Frank

Yesterday Trump began the assault on financial regulation (and regulation, generally) because why would you ever want to regulate the financial sector? Can you name a single time that the financial industry duped consumers into fraudulent products and vehicles and then used those products to rev up the economy to such a level that when the fraud was eventually detected it dragged the entire world into a recession?

When has there ever been a crisis so big that we would want to make sure banks are not selling bullshit products and using fraud to get them “graded” as something they are not?

Have you ever, ever even heard the phrase “foreclosure crisis”?

I didn’t think so!

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