Archive for the ‘Financial Markets’ Category

Recycling an oldie/goodie: You wanna whack this and future recoveries? Get rid of Dodd-Frank

June 8th, 2017

Sorry to recycle, but with the Comey hearings sucking up all the air, folks may have missed that today the House today passed that fahrblunget bit of chazari known as the Choice Act, which largely repeals Dodd-Frank financial reform (it requires D votes in the Senate, so a much heavier lift over there, thankfully). Back in… Read more

This word “deregulation.” I don’t think it does what you think it does.

June 8th, 2017

A quick note on “deregulation,” which is the other half of the mantra, i.e., the phony growth recipe–“tax cuts and deregulation”–you hear endlessly repeated in uninformed DC conversations. I’ve been in these conversations for decades and I have no idea what these people are talking about and neither do they. What, specifically, do they want… Read more