JUST LIKE OTHER LIBERAL BILLS, DODD-FRANK DOES NOT WORK!

Obama’s Enforcement Against Wall StreetAfter J.P. Morgan’s rough time including a $2 billion trading loss the Democrats have realized that the so-called problems their reforms were supposed to guard against didn’t work. So, how does Obama plan to fix that problem? Heavier enforcement by the federal government, of course. Well, that, class warfare like Franklin Delano Roosevelt used in 1936, and the usual smear tactics that always accompanies the Left’s campaigns of personal destruction. One of the democrat’s complaints when it comes to the private financial industry is the risk involved in the investments in Wall Street. That’s called the free market. The chance for success involves risk, and sometimes those risks don’t work, and sometimes they pay off. Without risk, innovation and new growth is not possible.Read More