Silver as an investment

Category Archives: Dodd–Frank Wall Street Reform and Consumer Protection Act

A. Gary Shilling: Trump Deserves Some Credit For The Surge In Stocks

Authored by A. Gary Shilling via Bloomberg.com, Less regulation is one campaign promise made by the president that is coming true… Reducing government regulation is tough. It’s resisted by all those who benefit, including government employees who administer the many programs. Every president since Jimmy Carter has attempted to lower the cost of regulation. At […]

So Why Did Capital One “Suddenly” Exit Mortgage Lending??

Last week, Capital One Financial (COF) announced that is was formally withdrawing from the residential mortgage loan market.  Some observers mistook this announcement for news, thinking that COF had actually been engaged in residential lending in a serious way.  Housing Wire, for example, reported that COF had “suddenly” exited the mortgage and home equity business. […]

Debunking The Big Lie

Authored by Keith Weiner via Acting-Man.com, Debunking a Lie Don Watkins of the Ayn Rand Institute wrote an article, The Myth of Banking Deregulation, to debunk a lie. The lie is that bank regulation is good. That it helped stabilize the economy in the 1930’s. And that deregulation at the end of the century destabilized […]

The Fed’s General Counsel Is Retiring

Who can forget the infamous 2009 exchange between Alan Grayson and the Fed’s General Counsel Scott Alvarez in which the Florida Democrat unleashed on the Fed: Alan Grayson: I would like to know whether it is within the Federal Reserve’s legal authority to try to manipulate the stock market or the futures market. Federal Reserve […]

“Is Trump About To Cause Another Crisis?”: 2008 Could Be Eclipsed As Bank Restrictions Eliminated

Submitted by Mac Slavo via SHTFPlan.com, Beware of what may be coming next. We already know the establishment has a plan to blame President Trump for the next financial crisis, and now there are moves being made that will support that narrative. After the 2008 fiasco, a spotlight on Wall Street misbehavior and some weak, […]

Trump Signs Executive Orders Rolling Back Dodd-Frank, Fiduciary Rule

As previewed earlier today, moments ago President Trump signed two executive orders aimed at starting the process of rolling back the regulatory system put in place after the financial crisis. Among the targets are rules that protect against predatory lenders, force brokers to lower fees for retirees and ban proprietary trading. Specifically, Trump took executive […]

Mnuchin Dashes Banker Hopes That Prop Trading Is Coming Back

What a difference a week makes. On January 23, Reuters reported that dialing back the Volcker Rule which limits banks’ ability to engage in speculative investments using their own balance sheet, has emerged a top priority for President Donald Trump’s nominee for U.S. Treasury secretary, Steve Mnuchin.  In written responses to questions posed by members […]

We Have No Other Choice

charles hugh smith Thursday, March 15, 2012 America is just going through the motions because we have no other choice–or so we believe. I have long thought that America Is Just Going Through the Motions–of caring about the deficit, of financial “reform,” and everything else: Let’s be honest, shall we? There never was any fire for real […]