Comments on: What the American Banking Sector Could Look Like After Obama’s New Regulations http://weakonomics.com/2010/01/27/what-the-american-banking-sector-could-look-like-after-obamas-new-regulations/ Everything That's Wrong With You And Your Money Wed, 08 Feb 2012 22:32:00 +0000 hourly 1 http://wordpress.org/?v=3.0.3 By: Mark Wolfinger http://weakonomics.com/2010/01/27/what-the-american-banking-sector-could-look-like-after-obamas-new-regulations/comment-page-1/#comment-3508 Mark Wolfinger Wed, 27 Jan 2010 17:08:56 +0000 http://weakonomics.com/?p=3752#comment-3508 "It appears that the banking industry has pushed the American public, and in turn President Obama, just a little too far. " No kidding? They own Congress. There is no reason to tolerate that. Because the bankers will not listen to reason, it's time to beat them so badly that they learn the lesson. .-= Mark Wolfinger´s last blog ..<a href="http://feedproxy.google.com/~r/mdwoptions/Pwkn/~3/xZ3cScj0hLM/rolling-a-position-is-it-wise-to-avoid-paying-a-debit.html" rel="nofollow">Rolling a Losing Position: Is it Wise to Avoid Paying a Debit</a> =-. “It appears that the banking industry has pushed the American public, and in turn President Obama, just a little too far. ”

No kidding?

They own Congress. There is no reason to tolerate that. Because the bankers will not listen to reason, it’s time to beat them so badly that they learn the lesson.
.-= Mark Wolfinger´s last blog ..Rolling a Losing Position: Is it Wise to Avoid Paying a Debit =-.

]]> By: the weakonomist http://weakonomics.com/2010/01/27/what-the-american-banking-sector-could-look-like-after-obamas-new-regulations/comment-page-1/#comment-3506 the weakonomist Wed, 27 Jan 2010 02:55:54 +0000 http://weakonomics.com/?p=3752#comment-3506 As was the case with the previous legislation that banned the banks from doing other transactions, they eventually developed workarounds. If new rules are put in place I'm sure in 70 years we'll repeal them claiming the banks have learned their lessons. And the world keeps spinning. As was the case with the previous legislation that banned the banks from doing other transactions, they eventually developed workarounds.

If new rules are put in place I’m sure in 70 years we’ll repeal them claiming the banks have learned their lessons. And the world keeps spinning.

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