Wednesday, October 19, 2011

Dodd-Franks' Hit on Small Banks

The ironically named Dodd-Frank Act helps see to it that small banks in the U. S. will eventually wither and disappear as a financial factor. They will no longer be able to compete with the big banks. to the detriment of the banking consumer.

Leave it to left-leaning politicians to issue a bill that purportedly is designed to resolve the ills of a banking system, by naming it for the two in Congress who helped foment those fundamental ills in the first place. ( See the Earl J Weinreb NewsHole® comments.)

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