[jimjamuser]

Originally Posted by Boomer

That’s a lot, especially all in one paragraph. Anyway, I read it all. About that bank failure part……..

I am wondering if all the “news” sources out there to choose from have been making their devotees aware of the fact that in 2018 there was a rollback of banking regulations that had been put into law in 2010 — known as Dodd-Frank.

Deregulation is coming home to roost.

It did not take long……

And yet, so many have been allowing themselves to be hypnotized into sic ‘em mode as they seem to revel in hateful rhetoric designed to push buttons, to point, and distract with things that will never affect their everyday lives — like deregulation will…..and is.

This bank thing is making my skin crawl.

“Unrestrained greed is not only bad morals, it’s bad economics.”

Boomer

Pogo was right.

Deregulation USUALLY has unintended consequences. Without restraints, GREED will run AMUCK and hurt 99% of the population.