01-10-2017, 10:40 AM
(01-10-2017, 12:39 AM)Eric the Green Wrote: I have written before that another round of bailouts of banks too big to fail might spark a revolt by both right and left. That would be very unpopular. But that's where we're headed if Dodd Frank and the Consumer Protection Bureau are thrown away, as the neo-liberals and Tea Party want.
What are you talking about? It's Dodd-Frank that institutionalizes "too big to fail" and guarantees there will be bailouts next time around too.