The New Exchange

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2/05/2017 9:17 am  #1


Why Trump Wants to Repeal Dodd-Frank

Exact quote:


“We expect to be cutting a lot out of Dodd-Frank because, frankly, I have so many people, friends of mine, who have nice businesses who can’t borrow money," Trump said on Friday morning before signing an executive order on the issue.

"They just can’t get any money because the banks just won’t let them borrow, because of the rules and regulations in Dodd-Frank."


http://thehill.com/blogs/blog-briefing-room/news/317940-barney-frank-defends-dodd-frank-against-trump-onslaught

By the way, you can't abolish Dodd-Frank by executive order. That takes legislation.
The EO is basically a heads up to his "Friends" that Trump will simply appoint people uninterested in enforcing the law. Wink, wink, nudge, nudge.

Now THAT sure doesn't sound like giving the government back to the forgotten little guy.


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
 

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