seeder Posted February 25, 2017 #51 Share Posted February 25, 2017 2 minutes ago, Likely Guy said: 1. What are your feelings regarding the repeal of the Dodd-Frank act? ...more to follow. Edit: for the third time I ask this. I answered you above... Link to comment Share on other sites More sharing options...
Likely Guy Posted February 25, 2017 #52 Share Posted February 25, 2017 1 minute ago, seeder said: I answered you above... Yeah, see my edited post. We cross posted and while I edited, you posted again. 2 Link to comment Share on other sites More sharing options...
seeder Posted February 25, 2017 #53 Share Posted February 25, 2017 4 minutes ago, Likely Guy said: If you can't stand the heat... Well, basically it's deregulating the banking industry so that Trump's good friends can borrow money again. Don't worry, the economic meltdown of 2008 will never happen again. Trumps friends can borrow money? Again? For what? Link to comment Share on other sites More sharing options...
Likely Guy Posted February 25, 2017 #54 Share Posted February 25, 2017 (edited) 3 minutes ago, seeder said: Trumps friends can borrow money? Again? For what? Who cares for what. They were apparently deemed a poor risk. The repeal undoes that. But that's okay, the government will bail out the US banks again on the taxpayers dime. Edited February 25, 2017 by Likely Guy 3 Link to comment Share on other sites More sharing options...
.ZZ. Posted February 25, 2017 #55 Share Posted February 25, 2017 (edited) Quote "Friends of mine, who have nice businesses, who can't borrow money. They just can't get any money because the banks just won't let them borrow, because of the rules and regulations in Dodd-Frank." He has said that. So what. The MSM is eating him alive for saying he "wants to repeal Dodd-Frank". More here Edited February 25, 2017 by .ZZ. Link to comment Share on other sites More sharing options...
Likely Guy Posted February 25, 2017 #56 Share Posted February 25, 2017 2 minutes ago, .ZZ. said: He has said that. So what. The MSM is eating him alive for saying he "wants to repeal Dodd-Frank". More here But that's okay, the government will bail out the US banks again on the taxpayers dime. 3 Link to comment Share on other sites More sharing options...
seeder Posted February 25, 2017 #57 Share Posted February 25, 2017 1 minute ago, Likely Guy said: Who cares for what. They were apparently deemed a poor risk. The repeal undoes that. well your explanation means little to someone from the UK... The bigger things that concern me are wars.....and world affairs.. not some poorly understood domestic banking law.....(by us not in the US of course) My worries are about wars with China, and Russia, you know...the kind of things that can REALLY fubar the world not banking laws 3 Link to comment Share on other sites More sharing options...
Clarakore Posted February 25, 2017 #58 Share Posted February 25, 2017 2 minutes ago, Likely Guy said: But that's okay, the government will bail out the US banks again on the taxpayers dime. But, but Trump said he was for the working man and woman and would help taxpayers... 4 Link to comment Share on other sites More sharing options...
seeder Posted February 25, 2017 #59 Share Posted February 25, 2017 Quote 22 minutes ago, Avatar Samantha Ai said: 18 minutes ago, seeder said: Im still waiting for a list of reasons Trump deserves all the flack he is getting....why dont you make such a list? Go on.... and then I can look into YOUR claims still waiting..... 1 Link to comment Share on other sites More sharing options...
acidhead Posted February 25, 2017 #60 Share Posted February 25, 2017 All Dodd-Frank did was, through the force of GOV, create larger too-big-to-fails and pushed out any smaller competitors..... Crony-Capitalsm. It's stifled borrowing and slowed growth among the middle class folks. Let's not forget it was another GOV program, Freddie and Fanny, that created the housing bubble. All the predatory investment banks did was follow the guidelines the GOV laid out by encouraging borrowing to individuals clearly unable to pay. 6 Link to comment Share on other sites More sharing options...
seeder Posted February 25, 2017 #61 Share Posted February 25, 2017 2 minutes ago, Avatar Samantha Ai said: But, but Trump said he was for the working man and woman and would help taxpayers... why dont you explain this Dodd whatever problem to us not from the US? 1 Link to comment Share on other sites More sharing options...
.ZZ. Posted February 25, 2017 #62 Share Posted February 25, 2017 5 minutes ago, Likely Guy said: But that's okay, the government will bail out the US banks again on the taxpayers dime. I'm not heavily invested in Wall Street. Are you? Link to comment Share on other sites More sharing options...
Likely Guy Posted February 25, 2017 #63 Share Posted February 25, 2017 2 minutes ago, acidhead said: All Dodd-Frank did was, through the force of GOV, create larger too-big-to-fails and pushed out any smaller competitors..... Crony-Capitalsm. It's stifled borrowing and slowed growth among the middle class folks. Let's not forget it was another GOV program, Freddie and Fanny, that created the housing bubble. All the predatory investment banks did was follow the guidelines the GOV laid out by encouraging borrowing to individuals clearly unable to pay. Under a previous administration. 1 Link to comment Share on other sites More sharing options...
Likely Guy Posted February 25, 2017 #64 Share Posted February 25, 2017 2 minutes ago, .ZZ. said: I'm not heavily invested in Wall Street. Are you? Hell no. But to pretend it doesn't affect the global economy which does effect you and me? 3 Link to comment Share on other sites More sharing options...
acidhead Posted February 25, 2017 #65 Share Posted February 25, 2017 1 minute ago, Likely Guy said: Under a previous administration. Yes. Thank you. It was the last piece of legislation Bill Clinton signed!!! The repeal of Glass-Steagall...... which prohibited Investment institutions, like Goldman Sachs, from also being commercial banks.... Lenders! ... predatory lenders! 4 Link to comment Share on other sites More sharing options...
Likely Guy Posted February 25, 2017 #66 Share Posted February 25, 2017 8 minutes ago, seeder said: well your explanation means little to someone from the UK... The bigger things that concern me are wars.....and world affairs.. not some poorly understood domestic banking law.....(by us not in the US of course) My worries are about wars with China, and Russia, you know...the kind of things that can REALLY fubar the world not banking laws Next time preface your requirement list (re: What reason would anyone have for being anti-Trump?) a little more carefully then. When we're done with 1) then we get on to 2). 2 Link to comment Share on other sites More sharing options...
.ZZ. Posted February 25, 2017 #67 Share Posted February 25, 2017 (edited) 4 minutes ago, Likely Guy said: Hell no. But to pretend it doesn't affect the global economy which does effect you and me? Right... The stock market is at an all-time high since Trump was elected. Quote Stocks are on a tear, and the US dollar is rising — all since Donald Trump was elected the 45th US president. Proof that you seem to like http://www.businessinsider.com/stock-markets-after-trump-election-2016-12 Edited February 25, 2017 by .ZZ. 2 Link to comment Share on other sites More sharing options...
Likely Guy Posted February 25, 2017 #68 Share Posted February 25, 2017 Just now, acidhead said: Yes. Thank you. It was the last piece of legislation Bill Clinton signed!!! The repeal of Glass-Steagall...... which prohibited Investment institutions, like Goldman Sachs, from also being commercial banks.... Lenders! ... predatory lenders! So TF what? It was bad, it got fixed then it got repealed. Hello, it's 2017. 2 Link to comment Share on other sites More sharing options...
Likely Guy Posted February 25, 2017 #69 Share Posted February 25, 2017 2 minutes ago, .ZZ. said: Right... The stock market is at an all-time high since Trump was elected. Proof that you seem to like Wow, he managed to do that single-handedly? 2 Link to comment Share on other sites More sharing options...
.ZZ. Posted February 25, 2017 #70 Share Posted February 25, 2017 (edited) 3 minutes ago, Likely Guy said: Wow, he managed to do that single-handedly? Nothing is good enough is it? Someone was right when they said, some people will never bend. ETA: (I edited my link above) Edited February 25, 2017 by .ZZ. 3 Link to comment Share on other sites More sharing options...
.ZZ. Posted February 25, 2017 #71 Share Posted February 25, 2017 14 minutes ago, Likely Guy said: Hell no. But to pretend it doesn't affect the global economy which does effect you and me? Wow, he would do all of that single-handedly? 3 Link to comment Share on other sites More sharing options...
Likely Guy Posted February 25, 2017 #72 Share Posted February 25, 2017 Just now, .ZZ. said: Nothing is good enough is it? Someone was right when they said, some people will never bend. I will bend, but I will never break. I'm not anti-Republican or anti-Conservative. I am anti-Trump and half his co-horts (the other half are reasonable people).. It's a kakocracy (rule by the worst element of society). 2 Link to comment Share on other sites More sharing options...
Likely Guy Posted February 25, 2017 #73 Share Posted February 25, 2017 1 minute ago, .ZZ. said: Wow, he would do all of that single-handedly? By re-allowing predatory lending? Yes. 1 Link to comment Share on other sites More sharing options...
.ZZ. Posted February 25, 2017 #74 Share Posted February 25, 2017 Just now, Likely Guy said: I will bend, but I will never break. I'm not anti-Republican or anti-Conservative. I am anti-Trump and half his co-horts (the other half are reasonable people).. It's a kakocracy (rule by the worst element of society). It's a personal thing isn't it? 2 Link to comment Share on other sites More sharing options...
.ZZ. Posted February 25, 2017 #75 Share Posted February 25, 2017 1 minute ago, Likely Guy said: By re-allowing predatory lending? Yes. He can destroy the economy but can't repair it, got it. 4 Link to comment Share on other sites More sharing options...
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