Yep and don’t forget the “pathetical wall of tRump”; as I said 8 years ago when he starts this pathetical crap, show me a wall that has fulfilled its purpose, throughout history I haven’t seen one yet! Oh and the U.S. Mexican taxpayers, why did tRump rename us; said the Mexicans would pay for the wall, and we are an additional trillion in debt because of it.
Well, after all, the Heffalump’s Corporate Masters sure can’t have those pesky regulations in place, because they might have to actually spend money to enforce them, which would leave less money available for BRIBES and KICKBACKS!!!
No, you can’t blame the SVB failure on dereging. After 2008 Congress went a tad overboard on creating new regs, the modest dereg signed by Trump did not even apply to large banks like SVB. The bigger issue is neither the bank inspectors nor rating agencies were paying close enough attention, because the warning signs were there.
Rong-wingers don’t do anything even in the DIRECTION of nuance. But the truth is that the right amount of regulation is FAR better than either too much or too little. There’s a reason that steam engines (for example) have a specific device called a regulator: It keeps the engine from over-revving to the point of self destruction. It is my opinion that the proper role of governments (that thing called a regulator is aka “governor” by the way) is to force all the entities to just “behave themselves!”
the geeezer about 1 year ago
Bullfeathers !!!
Daeder about 1 year ago
Then there’s the Texas power grid. . .
Grandma Lea about 1 year ago
Yep and don’t forget the “pathetical wall of tRump”; as I said 8 years ago when he starts this pathetical crap, show me a wall that has fulfilled its purpose, throughout history I haven’t seen one yet! Oh and the U.S. Mexican taxpayers, why did tRump rename us; said the Mexicans would pay for the wall, and we are an additional trillion in debt because of it.
mourdac Premium Member about 1 year ago
And we all know businesses will protect the environment without regulations ….
Masterskrain Premium Member about 1 year ago
Well, after all, the Heffalump’s Corporate Masters sure can’t have those pesky regulations in place, because they might have to actually spend money to enforce them, which would leave less money available for BRIBES and KICKBACKS!!!
The Nodding Head about 1 year ago
True that some regulations are outdated or need updated. But as usual we should be seeing shades of grey, not black and white.
Radish the wordsmith about 1 year ago
Trump station, “The train is now leaving the track.”
thelordthygod666 about 1 year ago
No, you can’t blame the SVB failure on dereging. After 2008 Congress went a tad overboard on creating new regs, the modest dereg signed by Trump did not even apply to large banks like SVB. The bigger issue is neither the bank inspectors nor rating agencies were paying close enough attention, because the warning signs were there.
preacherman about 1 year ago
And the Repubs want to weaken banking regs even further.
IndyW about 1 year ago
Deregulations of any kind only help republicans and not democrats, why? And only hurt democrats and not republicans, why?
Erse IS better about 1 year ago
Rong-wingers don’t do anything even in the DIRECTION of nuance. But the truth is that the right amount of regulation is FAR better than either too much or too little. There’s a reason that steam engines (for example) have a specific device called a regulator: It keeps the engine from over-revving to the point of self destruction. It is my opinion that the proper role of governments (that thing called a regulator is aka “governor” by the way) is to force all the entities to just “behave themselves!”
AtomicForce91 Premium Member about 1 year ago
So a train that went off the tracks because the tracks were not maintained…
And a bank making investments based on the melanin of the product…
Are somehow the fault of deregulation.
rossevrymn about 1 year ago
Hey, 70 million, you know what we need, a JA who knows nothing about guvmint to run the guvmint. It’ll be a breath of crappy air.