Too-Big-to-Fail Banks

The Dodd-Frank legislation was to remedy, in part, financial institutional failing. Past bailouts that produced extraordinary budget deficits. Which, in turn, is dooming our economic prospects for decades to come.

And still Dodd-Frank is ready to impose layers upon additional layers of stifling regulation. Unfortunately, with no possibility Big Banks will have eliminated systemic risk.

There is a simple, free market solution that has worked in the past, but left-leaning politicians have no clues nor inclinations about its implementation.

They did separate commercial banking operations from proprietary trading. Banks, though, will not be smaller, less risky and less apt to fail than the risk-taking and more leveraged investment entities of the past. (See the Earl J Weinreb NewsHole® comments.)