Michael E. Fournier MBA

Dodd-Frank anniversary highlights dangers of socializing risk

In Politics and economics on July 30, 2011 at 6:34 am

On the anniversary of the Dodd-Frank bill, we have to look back at what that mega-monstrosity accomplished beyond creating a whole new bureaucracy, if anything.  The answer is very little.  The bill was passed in response to a crisis in the markets, when the ones creating the bill were the ones responsible for the crisis, and they have not gone to jail, but they created this new burden on the American taxpayer.

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