How GOP Pushed for Increase In Risky Loans

[applegrove]

How GOP Pushed for Increase In Risky Loans

April 7, 2019 at 11:51 am EDT By Taegan Goddard 38 Comments

https://politicalwire.com/2019/04/07/how-gop-pushed-for-increase-in-risky-loans/

"SNIP....

Washington Post: “Actions by federal regulators and Republicans in Congress over the past two years have paved the way for banks and other financial companies to issue more than $1 trillion in risky corporate loans, sparking fears that Washington and Wall Street are repeating the mistakes made before the financial crisis. The moves undercut policies put in place by banking regulators six years ago that aimed to prevent high-risk lending from once again damaging the economy.”

“Now, regulators and even White House officials are struggling to comprehend the scope and potential dangers of the massive pool of credits, known as leveraged loans, they helped create.”

.....SNIP"

[applegrove]

1. Hedge funds need financial crashes to stress out small and medium

sized businesses enough that they will agree to be bought out by the hedge fund.

[underpants]

2. The death knell of ACORN

helping little old ladies have heat in the winter... eh that's okay

Taking on payday loan and car titles from preying on poor communities got the money people pissed. Using voter registration as a fund raising operation.... oh now you did it. Political and money interests collided against them. There was no way it could survive.

[Wellstone ruled]

3. Notice last week the Wall Street Boy's

were doing their best to inflate the Market in a big way. Yes,those junk loans will end in the same Enron Fashion in about next November.

If Brexit blows up and Britain drops the projected 25%,baby this whole thing blows up sooner.

Are we seeing this Trillion the money to bail out the Saudi's Trillion plus IPO of Aramco?

[WyattKansas]

4. The Republican Economic Policy...

Pump and Dump