Even though JP Morgan Chase
boss, Jamie Dimon, had publically admitted to stupidity and sloppiness, the
Republicans want to loosen banking regulations. I just CAN’T BELIEVE how
stubborn this party is.
by Charlie Leck
While I’m away, be sure to read Dana
Milbank’s opinion column in the Washington Post that points out that
Republican U.S. Senators are putting the heat on banking regulators and not on
bankers – even after JP Morgan Chase’s
colossal and very stupid three billion dollar investment loss earlier this
month. This is a political party out-of-control. They are determined to blame
everything that goes wrong on government involvement and on the Obama
administration. Their one goal has been clear: “Make Obama a one-term President!”
The facts don’t matter – just the goal! Milbank’s column leaves me shaking my
head.
If you haven’t read my blog of last week, Remember
when Banking was Boring, you might what to take a look at it.
_________________________
Why not become a follower?
If you read my blog regularly, why not become a follower? All you have to do is click in the upper right hand corner and establish a simple means of communication. Then you'll be informed every time a new blog is posted here. If all that's confusing, here's Google's explanation of how to do it! If you don’t want to post comments on the blog, but would like to communicate with me about it,send me an email if you’d like.
If you read my blog regularly, why not become a follower? All you have to do is click in the upper right hand corner and establish a simple means of communication. Then you'll be informed every time a new blog is posted here. If all that's confusing, here's Google's explanation of how to do it! If you don’t want to post comments on the blog, but would like to communicate with me about it,send me an email if you’d like.
No comments:
Post a Comment