A BILL To identify and address risks to the stability of the United States financial system through the establishment of the Agency for Financial Stability, to ensure the orderly resolution of failing complex financial institutions in order to minimize economic turmoil and protect the interest of taxpayers, to provide for effective bank supervision through…
Christopher Dodd
Peter Schiff: A Call To Action
I don’t agree with everything that Peter Schiff says, and I don’t live in Connecticut, but I’d love to see him win his run for the Senate. As for my thoughts on his opponent Christopher Dodd‘s tenure on the Senate Finance Committee…I feel they’ve been made pretty clear here and here. Schiff is the president…
Hot Links: Marc Faber, Doug Kass & R2D2
Stuff I’m Reading this Morning… Pay attention! What to expect from the FOMC statement today. (Bloomberg) Great interview: Marc Faber on Tech Ticker discussing why emerging markets will surpass the West. (TechTicker) In Soviet Russia, Kalashnikov Bankrupts You! (LOLFed) The unintended consequences of Sen Dodd‘s aggressive push for one super-regulator will be that this will…
The Career Politician Who Sucks at Politics
I’ve really only heard Christopher Dodd‘s name peripherally over the years. The Career Democratic Senator from Connecticut’s name has been popping up more and more now that his constituents are starting to learn about how much he loves rogue financial corporations. From the New York Times: Across Connecticut, anger is erupting against Mr. Dodd, the…