The Dodd–Frank Wall Street Reform and Consumer Protection Act, sarcastically known as Dodd-Frankery and Dodd-Frankenstein, was passed into law in response to the financial crisis and recession of 2008.
MSNBC's Chris Dodd questions contradictions in the Obama Administration's responses to the level of security in Benghazi before last Tuesday's attack on the US consulate.
The worst thing about Occupy Wall Street is that it's ruining a good cause: hating Wall Street. Just when opposing Wall Street was gaining momentum, these brain-dead zombies are forcing us to choose between thieving bankers and them.
Boy the old liberals seem to have become awfully quiet recently. I guess that happens when your president’s approval rating dips to 35 percent in Pennsylvania. Maybe people still rely on coal in Pittsburgh.
All of this gave a whole new meaning to garbage in, garbage out. The models were not only garbage, but also self-serving to all of the participants from Washington to Wall Street. We all know what happened, and know the S&P ratings based on the information provided was wrong.
Many years ago, the Saturday Evening Post was one of the best-known magazines in America. But somehow I learned that the Saturday Evening Post was actually published on Wednesday morning. That was a little disconcerting at first. But it was one of the most valuable lessons, that words do not necessarily reflect reality.
Today marks one year since the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was signed into law. One year since Rep. Barney Frank (D-MA) and former Senator Chris Dodd (R-CT) chose to ignore our concerns that this bill would stifle the recovery, harm job creation and crush Main Street America.
In just a few days some fairly big changes in the commodities and currency trading markets are expected to land with a thud. The changes stem from the Dodd-Frank Wall Street Reform and Consumer Protection Act aimed primarily at consumer lending, but is also having a wide ranging impact on securities trading.
To quote the movie Billy Madison, I think I speak for all of us in saying I’m a little dumber for having read this proposal by Dodd-Frank for solving the sub-prime housing crisis in America.
For 2012, the subtext of the campaigns will likely be the intended consequences of legislation, like Dodd-Frank, that doesn’t even attempt to address the problems that they are supposed to ameliorate. That could benefit Michele Bachmann outsider bid to be president.
Like would-be yentas trying to set you up on dates with their divorced friends, the political class is constantly trying to foist divorced candidates on the Republican Party, authoritatively assuring us that Americans don't have a problem with divorce anymore.
Dominique Strauss-Kahn has resigned as the head of the International Monetary Fund. He would like to spend more time with his family.
It would be wrong to say this president had no policy toward the revolution in Egypt. On the contrary, he's had many. One for every day. Every hour. He still does. Just as he now does for Libya.
The government can't even keep its interfering ways out of the Oscars this Sunday.
“Filibuster” is not a dirty word.
A bill up for consideration in the Senate today would update food safety regulations for the first time since the 1930’s.
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