Monday, June 22, 2015

Barney Frank cashes in on his regulatory prowess - joins bank board

Big bucks for showing up a few days to rubber stamp stuff.  It's good to be the party hack.  It's a pity his 'reform' is a disaster that makes banking more expensive and at greater risk of contagion.  But the Barn was working his rent seeking game for all the pols and lawyers that make their living sucking the life blood of the country.

Regulation is supposed to stop unethical behavior but what do you call regulation designed to facilitate unethical behavior?  Federal Regulation.

And all this baloney about how Dems 'care for the poor and weak'.  They don't give a damn for anything but their power and perqs.

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