Bottom line is.... the wolves are watching the hen house.
The economic crash we lived through in 2008 should have made it clear that the experiment of letting Wall Street regulate itself was a failure. It is our duty to protect consumers and the American financial system from the recklessness on Wall Street. https://twitter.com/WoodstockInst/status/1130919130041921537 …
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When the financial institutions do it again, penalize them rather than bail them out.
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yes, government is never a reckless and is always virtuous
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Please, regulations are only as effective as the regulator that enforces them. The FAA is to cozy w/Boeing, the office of the comptroller of currency, the Fed & FDIC all have regulatory oversight over banks & still we had a financial crisis? Why? Obviously we have regulations?
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