Comments on: The Dodd-Frank effect, unions and private equity, and Newt’s expenses http://blogs.reuters.com/stories-id-like-to-see/2012/01/31/the-dodd-frank-effect-unions-and-private-equity-and-newts-expenses/ Steven Brill Thu, 16 May 2013 10:44:35 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: borisjimbo http://blogs.reuters.com/stories-id-like-to-see/2012/01/31/the-dodd-frank-effect-unions-and-private-equity-and-newts-expenses/comment-page-1/#comment-109 borisjimbo Thu, 02 Feb 2012 02:13:32 +0000 http://blogs.reuters.com/stories-id-like-to-see/?p=125#comment-109 GLK, Dodd left the Senate last term and Frank has announced he's not running again; try to keep up. For 70 years we went without another major depression because of the Glass-Steagall Act which was overturned by a veto-proof majority in the GOP Congress with the Gramm-Leach-Bliley Act, and all the derivative trading was made legal and deregulated with the Commodity Futures Modernization Act, likewise passed by a GOP Congress by a veto proof majority. If you want to put blame for the current economic straits anywhere, put it there. I remember getting a guaranteed 5.25% rate on my passbook savings at my local S&L (remember them? also destroyed by GOP deregulation) when I was a kid. You should have seen Bill Moyers' program last night; he interviewed a former Wall Street bankster who had a change of heart and Senator Dorgan who was one of the few people in either house of Congress who knew exactly what would occur with bank deregulation. GLK, Dodd left the Senate last term and Frank has announced he’s not running again; try to keep up. For 70 years we went without another major depression because of the Glass-Steagall Act which was overturned by a veto-proof majority in the GOP Congress with the Gramm-Leach-Bliley Act, and all the derivative trading was made legal and deregulated with the Commodity Futures Modernization Act, likewise passed by a GOP Congress by a veto proof majority. If you want to put blame for the current economic straits anywhere, put it there. I remember getting a guaranteed 5.25% rate on my passbook savings at my local S&L (remember them? also destroyed by GOP deregulation) when I was a kid. You should have seen Bill Moyers’ program last night; he interviewed a former Wall Street bankster who had a change of heart and Senator Dorgan who was one of the few people in either house of Congress who knew exactly what would occur with bank deregulation.

]]> By: nickalee76 http://blogs.reuters.com/stories-id-like-to-see/2012/01/31/the-dodd-frank-effect-unions-and-private-equity-and-newts-expenses/comment-page-1/#comment-108 nickalee76 Wed, 01 Feb 2012 21:04:08 +0000 http://blogs.reuters.com/stories-id-like-to-see/?p=125#comment-108 This maybe be of interest to some of you.. a paper on the impact of complexity risk http://www.fedfin.com/images/stories/client_reports/complexityriskpaper.pdf This maybe be of interest to some of you.. a paper on the impact of complexity risk

http://www.fedfin.com/images/stories/cli ent_reports/complexityriskpaper.pdf

]]> By: myownexperience http://blogs.reuters.com/stories-id-like-to-see/2012/01/31/the-dodd-frank-effect-unions-and-private-equity-and-newts-expenses/comment-page-1/#comment-107 myownexperience Tue, 31 Jan 2012 23:47:05 +0000 http://blogs.reuters.com/stories-id-like-to-see/?p=125#comment-107 Who cares. Gingrich was history before he began running. Nothing but a narcissistic sociopath. The problem with controllers is that they can't lose, if they do, they get terribly depressed and overeat. Who cares. Gingrich was history before he began running. Nothing but a narcissistic sociopath. The problem with controllers is that they can’t lose, if they do, they get terribly depressed and overeat.

]]> By: SanPa http://blogs.reuters.com/stories-id-like-to-see/2012/01/31/the-dodd-frank-effect-unions-and-private-equity-and-newts-expenses/comment-page-1/#comment-106 SanPa Tue, 31 Jan 2012 23:35:29 +0000 http://blogs.reuters.com/stories-id-like-to-see/?p=125#comment-106 The GOP has a point re. business impact of DODD-FRANK. With the shenanigans permissible prior to enactment, the Act will hopefully stay non-retail banks from participating in the consumer business sector. Retail banks were boring places to do business in the 50's and 60's, but I recall that a passbook savings account came with a 1-2% return and a toaster. The GOP has a point re. business impact of DODD-FRANK. With the shenanigans permissible prior to enactment, the Act will hopefully stay non-retail banks from participating in the consumer business sector. Retail banks were boring places to do business in the 50′s and 60′s, but I recall that a passbook savings account came with a 1-2% return and a toaster.

]]> By: ecogabriel1 http://blogs.reuters.com/stories-id-like-to-see/2012/01/31/the-dodd-frank-effect-unions-and-private-equity-and-newts-expenses/comment-page-1/#comment-105 ecogabriel1 Tue, 31 Jan 2012 22:40:36 +0000 http://blogs.reuters.com/stories-id-like-to-see/?p=125#comment-105 We have been run by incompetents, corrupts, liars, and plain robbers, to the ground. And more corrupt, incompetent, liars, and robbers are coming as candidates. I'd better stop reading or I'll get sick and with my insurance raising their deductible and copays I'll have to spend even more money than we are already spending... We have been run by incompetents, corrupts, liars, and plain robbers, to the ground. And more corrupt, incompetent, liars, and robbers are coming as candidates.

I’d better stop reading or I’ll get sick and with my insurance raising their deductible and copays I’ll have to spend even more money than we are already spending…

]]> By: Dyota http://blogs.reuters.com/stories-id-like-to-see/2012/01/31/the-dodd-frank-effect-unions-and-private-equity-and-newts-expenses/comment-page-1/#comment-103 Dyota Tue, 31 Jan 2012 20:27:34 +0000 http://blogs.reuters.com/stories-id-like-to-see/?p=125#comment-103 Anything Mitt Romney says in the morning will be reversed by noon, not good quoting mitt, anless you like "variable" quotes Anything Mitt Romney says in the morning will be reversed by noon, not good quoting mitt, anless you like “variable” quotes

]]> By: xit007 http://blogs.reuters.com/stories-id-like-to-see/2012/01/31/the-dodd-frank-effect-unions-and-private-equity-and-newts-expenses/comment-page-1/#comment-101 xit007 Tue, 31 Jan 2012 17:08:05 +0000 http://blogs.reuters.com/stories-id-like-to-see/?p=125#comment-101 This my friend is tax accounting. the Holding Tax return is a separate return and the personal tax return is based on items that qualify as personal income. Trying to say his effective tax was anything else than what is reported begs a different question - why are these expenses not personal. Again just like Romney - because we have given tax advantages to these areas. This is the soft money that greases all politicians. Why not write an article on all the money schemes that grease our political system and has corrupted the political and government processes - to the point where money is the object - not government. I will be glad to help with the article. This my friend is tax accounting. the Holding Tax return is a separate return and the personal tax return is based on items that qualify as personal income. Trying to say his effective tax was anything else than what is reported begs a different question – why are these expenses not personal. Again just like Romney – because we have given tax advantages to these areas. This is the soft money that greases all politicians. Why not write an article on all the money schemes that grease our political system and has corrupted the political and government processes – to the point where money is the object – not government. I will be glad to help with the article.

]]> By: GLK http://blogs.reuters.com/stories-id-like-to-see/2012/01/31/the-dodd-frank-effect-unions-and-private-equity-and-newts-expenses/comment-page-1/#comment-100 GLK Tue, 31 Jan 2012 15:39:36 +0000 http://blogs.reuters.com/stories-id-like-to-see/?p=125#comment-100 After the Titanic mess Frank and Dodd made out of housing I don't understand why they heven't been booted out of Washington or even more appropriately rotting in jail? It's hugely insulting to the American people that they've been allowed to regroup and form an agency to allegedly correct the mistakes that they knowingly fostered. How any American citizen can actually think these guys are still good for the Country is a very sad state of affairs. OK, some of you hate Republicans, I GET that, but for the love of your children take off the blinders already. Not EVERY Democrat is a better choice than the alternative. After the Titanic mess Frank and Dodd made out of housing I don’t understand why they heven’t been booted out of Washington or even more appropriately rotting in jail? It’s hugely insulting to the American people that they’ve been allowed to regroup and form an agency to allegedly correct the mistakes that they knowingly fostered. How any American citizen can actually think these guys are still good for the Country is a very sad state of affairs. OK, some of you hate Republicans, I GET that, but for the love of your children take off the blinders already. Not EVERY Democrat is a better choice than the alternative.

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