If you took the greed out of Wall Street all you’d have left is pavement.
Trump would rather stir up public rage against foreigners than address the true abuses of power inside America.
Why should banks ever be permitted to use peoples’ bank deposits insured by the federal government to place risky bets on the banks’ own behalf?
Government managed intervention in financial markets around the world and unpredictable monetary policy continue to encourage inappropriate risk taking.
What, if anything, should those who do not want to be serfs or slaves do about this situation?
Congress needs to prohibit regulators from bailing out failed banks, other types of financial institutions, and nonfinancial institutions (or foreign banking systems), be they large or small.

On Wednesday, Federal bank regulators proposed to allow Wall Street more freedom to make riskier bets with federally insured bank deposits such as the money in your checking…
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