$10s of billions.....no harm? LOL!.
Not to a bank that makes that much in profit in a matter of weeks.
Increased capital requirements, Dodd-Frank, etc.
So again, you can't cite any thing specific. You just vomit stuff up that you've gleaned from elsewhere. You haven't done any work into this to understand what you're saying, have you? It's just you running your mouth and inventing stuff off the top of your head, isn't it? You do a lot of that kind of sloppy, rushed work here that you try to pass off as "thoughtful" when it's really deliberately deceptive. Like when you posted the job numbers from Bush, cherry picking a subset of employees and hoping no one would notice. That's what you did, isn't it? Did you think I wouldn't bother to notice? I think you work from the assumption that because you're a dishonest sophist, it means everyone is. And increased capital requirements are an attack, why/how? It was the elimination of the capital requirements by Bush's Treasury department in 2004 that caused those banks to explode the secondary and tertiary mortgage markets. How do you think those banks managed to securitize so many subprime loans in such a short amount of time!?!?!?!?!?!?! The more you talk about this, the less convinced I am that you know what you're saying.
OMG! You've discovered the reality that adding enough regs harms small and medium sized business more than the largest ones.
But that's not what you said. You didn't make the distinction between small businesses and banks. You merely said "attacks the banks". And we were talking about banks, not small businesses. So nice try with the non-sequitur. Small business lending dropping off wasn't the result of Dodd-Frank,
it was the result of banks not lending money and instead pouring it back into themselves. So now you're trying to broaden out your criticism to include small businesses, knowing that small business lending dropped in the aftermath of the financial crisis not because of Dodd-Frank -heck Obama and the Fed were doing all they can to force banks
TO LOAN- but because banks realized it's safer for them to not lend and instead to pour that money right back into their own stock, or into derivative markets where they can gamble and get a better return (potentially).
Where the **** did Obama ever encourage fracking? Even once? Link?.
YOU ARE SUCH A LAZY ****, I CAN'T IMAGINE HOW PATHETIC YOUR LIFE MUST ACTUALLY BE.
Obama, 2013 SOTU:
"After years of talking about it, we are finally poised to control our own energy future. We produce more oil at home than we have in 15 years. We have doubled the distance our cars will go on a gallon of gas, and the amount of renewable energy we generate from sources like wind and solar – with tens of thousands of good, American jobs to show for it. We produce more natural gas than ever before – and nearly everyone’s energy bill is lower because of it."