Frederick Douglass

"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them..." Frederick Douglass

Thursday, September 22, 2011

Regulators Weaken Dodd-Frank Draft Regs, Allow More Risk

If you are surprised by this then you still don't get it. And until you do you would do well not to run out of lubricant.

http://www.propublica.org/blog/item/regulators-loosen-limits-on-risk-in-latest-drafts-of-dodd-frank-rules