Saturday, May 12, 2012

They never learn

Today's NY Times editorial points out why we have to strengthen Dodd-Frank, not weaken or repeal it as the Republicans (and some Democrats) argue. Read it here.

How many times does the same disastrous policy have to blow up in the faces of the banks (and our faces) before we learn the lesson? Wasn't the 2008 crisis enough? Apparently the revisionists on the right say there's nothing to worry about, as if it never happened, or banks had nothing to to with it.

And, Wall Street owns a lot of politicians.

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