Here We Go Again – the Effective Repeal of Dodd-Frank As Xmas Gift to Bankers? | WHAT REALLY HAPPENED

Here We Go Again – the Effective Repeal of Dodd-Frank As Xmas Gift to Bankers?

The high-flying banks are at it again. There has been lobbying going on to sneak a clause in the continuing resolution to fund the government over the holidays for the December 11th deadline. The provision they are trying to sneak in would allow the banks to trade derivatives through subsidiaries that are federally insured by the FDIC. In other words, they are circumventing the very reforms of the 2007-2009 crash.

Webmaster's Commentary: 

This is a Call to Keyboards for Rivero's Rangers out there: please call your Congress Critters, and let them know that if this language is included as a rider into any bill, the only office they should worry about running for next time.... is that of dog catcher!!!

Don't threaten or use foul language; be impossible-to-ignore polite in your communications. But let them know that should they do this, their career as an ALLEGED "public representative" is over, kaput, nada, ...gone.

Given that Congress is going to ignore you, to appease the money junkies, your next 20 phone calls should go to friends and neighbors, to let them know that Congress is going to make THEM pay for Wall Street's crimes.

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