“Some of the most damaging behavior on Wall Street, some of the most unethical behavior on Wall Street, wasn’t illegal,” Obama told 60 Minutes as he pitched his own reelection December. “That’s why we had to change the laws.”
The change in laws Obama was talking about was largely the body of work known as the Dodd-Frank financial reforms.
Dodd-Frank however, epitomizes how a Democrat Congress, under this president, wrote and, in some cases, passed legislation that not only doesn’t address the problems the legislation was supposed to solve, but actually makes the problems worse.
Obamacare, Cap and...