Mind Blowing. First the Rand Paul filibuster, Now a Speech at CPAC for Breaking Up “Too Big to Fail” Banks

By: Tuesday March 12, 2013 6:40 am

Within one week Republicans are going to grab the national spotlight on two huge issues that should be the realm of the party who stands up for the little guy. That party used to be the Democratic party. How can they let this happen?

On Friday, at the CPAC convention, Federal Reserve Bank of Dallas President Richard Fisher is going to call for breaking up the big banks in the wake of a failed Dodd-Frank bill.

 

Dallas Fed Proclaims: “Break Up the Banks”

By: Friday March 23, 2012 6:01 am

The Dallas Federal Reserve Bank released a report yesterday calling for the end of “Too Big To Fail” and the breakup of the largest and most systemically important banks.

In a letter signed by Richard Fisher, the conservative president of the bank, he endorses the research report, and he says that the Dodd-Frank law did not do nearly enough to end the dynamic of Too Big to Fail, and that more must be done immediately to reach this outcome.

Policymakers Busily Redefining Great Recession as “New Normal”

By: Monday August 2, 2010 7:45 am

Fed governors will keep moving the goalposts to avoid their own culpability for the situation. They’ll say unemployment is now “structural” because of, I don’t know, technological change. They’ll say deflation is “inevitable” and better than the alternative. And they’ll essentially destroy middle-class America.

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