TBTF means too big. Break up the big banks to remove fragility of the financial sector.
It's our job to ensure that the big banks meet the capital requirements to absord their own financial losses - without needing taxpayers to bail them out again like in 2008. H.R. 4296 does the opposite. It's another Wall Street giveaway that must be opposed.
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Please start speaking out on
#Syria on a regular basis again. Our illegal and immoral occupation there continues and grows. - 1 more reply
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Break banks up, increase capital requirements, limit types of high risk activities. The only way we won't have to bankrupt the citizenry to prevent another banking disaster. We created moral hazard with last bailout. They will do it again, no downside 2 high risk investing now
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but
@neeratanden opposes this and wants you primaried by someone who will be more pro wall street.Thanks. Twitter will use this to make your timeline better. UndoUndo
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I pay my taxes to benefit our nation not to bail out Wall Street or any of the other crooks robbing our citizens blind. These criminals gambled with people's pensions and homes, personally got rich and were ever held accountable.
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No such thing as too big to fail.
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There is in our system.
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Capitalism's main job is to accumulate wealth for the capitalist. The wealth comes from our common wealth. That is the basic way it works.
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So this is how it works now..if your up for re-election and you did not Vote to ban assault weapons (HR5087) .. You will lose your job. We’re not fooling around anymore
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Especially since all of these entities are regularly found wrong in their financial dealings with customers. All have had to pay class actions and numerous others are pending.
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Tulsi for POTUS
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Agree that the system needs overhaul. However - your ref to "tax payer" money is incorrect. Tax payers do not fund the Fed Gov. Congressional spending does. Plz
#LearnMMT so we can#Unite4aNewDeal - free book from Mosler called 7 Deadly Innocent Frauds of Economic Policy. 100 PP. - 5 more replies
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IT's what the Citizens voted for..... No Financial Regulations, to hell with Clean water and air. Let the Polluters do whatever. U R in the Minority. Maybe U can call lying Trump to ask for help. Hell they just got a huge tax cut.
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