Friday, June 9, 2017

9 June 2017

I know we all have Comey fever right now, but we also need to acknowledge the elephant in the room. A shitty, backstabbing elephant no less, in the form of the House Republicans passing a bill on Thursday that would repeal vital parts of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. Remember that bill? That's the one that was passed after the great financial clusterfuck of 2008, in order to prevent banks from behaving like reckless, profit-driven idiots. It also set up a consumer protection bureau, which has been responsible for recouping billions of dollars in refunds for consumers who were screwed by shady bank practices. So, you know, totally not doing anybody any good.

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