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Dodd-Frank's Problems -- and Potential Solutions

rpihlajisto Wrote: Jan 07, 2013 11:25 AM

This bill has hurt more then it has help the general public get home loans. The things they have put in place to educate the public is more confusing then it was before. It has effectively put small business out of business and made the ig banks larger. The lending industry is more cumbersome then it has ever been. It take away much of the free market that we had in the mortgage industry. It has removed compassion and has not made things any better in the area of fraud for the mortgage industry has it has calmed to be doing. As all government regulation do they hurt the small business and consolidate into large entity. Destroying free economy.

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Dodd-Frank's Problems -- and Potential Solutions

Over the next year, we will probably see much controversy over the implementation of Obamacare. Health insurance is something that almost every adult has some acquaintance with, and there seem to be glitches aplenty in the legislation, much delay in issuing regulations and some possible changes resulting from litigation.

We're likely to see or hear less about the operations of the Dodd-Frank financial regulation legislation, passed four months after Obamacare. Most of us don't work at banks or financial institutions, which will have to grapple with its myriad provisions and the regulations to be issued thereunder, and we tend to toss...

Related Tags: Federal Reserve Timothy Geithner Dodd-Frank Obamacare U.S. Treasury