[–] [deleted] 1 points 2 points (+3|-1) ago 

[Deleted]

0
0

[–] Palaver 0 points 0 points (+0|-0) ago 

Damn dude, do you really need to short the entire US economy?

[–] [deleted] 1 points 1 points (+2|-1) ago  (edited ago)

[Deleted]

2
1

[–] dontforgetaboutevil 2 points 1 points (+3|-2) ago 

This is fucking retarded. This is all the proof I need that Trump, like all American rulers is nothing but pawn of the sick fucking bankers who control this planet.

0
1

[–] rwbj 0 points 1 points (+1|-0) ago 

This was also my initial impression until I thought about the fact that everything I know about Dodd Frank has come from the media. And Obama, who was completely and absolutely sold out to the banks in every possible way, is the person who pushed the legislation through congress. This is a cheat sheet on the act aimed at lawyers. Even that cheat sheet is very lengthy. The reality is very few people have any idea what that act really did.

Take for contrast, net neutrality. The vast majority of Americans think we 'won' and have net neutrality. We don't. Aside from obvious examples of of its impotence - unlimited internet that's capped and throttled, draining consumers bandwidth budget on all sites except ones that ISP owns, etc - the entire act itself is intentionally hamstring. Every single rule in our net neutrality has an exception for "reasonable network management." What is reasonable network management? Surely in the 400+ pages plenty of text was spent elaborating and detailing reasonable network management. Nope. In fact not a single sentence was dedicated to it. It was left completely undefined. And the means of resolution of conflicts between the FCC and a company regarding this term is decided in private one on one consultations. In other words, if you're politically well connected - 'reasonable network management' means whatever you want it to mean.

So are those million pages of legalese in Dodd Frank genuinely intended to protect and help the American citizen, or was the act little more than appeasement to get people to stop demanding justice for the bankers collapsing the economy through fraudulent behavior and economic malfeasance? I honestly have no idea. The net neutrality rules, which I did read -and were rather obtuse- seem like Dr. Seuss in comparison to this. Hopefully Trump will be more transparent about his reasoning.