It’s a Republican bill, but it’s also being supported by more than a dozen Democratic senators. WATCH Elizabeth Warren talk about legislation as well: bit.ly/2p859Zo
VICE News hey vice good video...you should let us see the full 2 hours with Jordan Peterson he is a good man it would go a long way with your viewers. Credibility is suffering from it....also im so how FIRST!!!😇
1xtra299 that's not true at all. Ideological scoring of senators proves that there is no crossover between democrats and republicans. You should know this, just look at the Supreme Court. Republicans pick justices that will roll back the new deal and have since Nixon's last term in office. Democrats put liberals who expand the great society on the court.
This conflating of the local savings bank and Wall-street is exactly what Glass-Steagall separated Now you're here pulling a Trump level whataboutism while conflating levels of banking that should be rigorously separated. You throwing out savings banks as your big "Gotcha" helps you fall flat on your face as those are the exact banks that shouldn't be integrated with the stock market. You don't even know your history.
I'm impressed to hear such a reasonable, moderate view on current Republican-backed legislation. If we could all approach politics more like this we might get somewhere.
You guys make me nauseated. I'm over here upset about the use of compromise with unequal ideas between two parties that share no exclusionary planks with neoliberalism to dog whistle voters. Is this really a crappy compromise between conservative democrats and moderate republicans or is it all pro-Wallstreet shuffling under neoliberal policy? You're over here lauding the same compromising I'm shaming. When we listen to Justice Thurgood Marshall, in his Liberty Medal award ceremony, talk about turning against the chill wind of indifference, tearing down the walls that divide, building bridges between communities, and finding that we have so very much in common with each other is not a call to the paternalistic timetables produced from pursuing the negative peace that is the avoidance of tension that Martin Luther King, Jr. condemned in his Birmingham Jail letter. Not to be conflated. Moderates staying comfortable are the biggest danger in this country. They never want change.
Democrats are coming to the table otherwise they will be voted out of office. Look at today’s Pennsylvania election. Lamb has all but abandoned the DNC and thrown their ideas under the bus in order to have a remote chance of competing. I think Saccone will still win but if your a Dem you don’t have much choice, neo liberalism or neo socialism will never stick. People are tired of getting screwed by DC/Wallstreet corruption.
zafoquat so we are getting screwed by the simple fact that these elected officials have to compromise some how? And MLK JR although he was the opposite of say; Malcolm X and other activists, i truly believe his approach worked, he wanted confrontation eventually, just depended on how and when the confrontation happened.
Honestly, that didn't sound that bad of an idea. I'd have to know more specifics about the regulations but it makes a lot of sense to have less imposing regulations on smaller banks. They won't survive making terrible decisions like large institutions do and they don't have the ability to do as much damage.
@vagizz Apologies assuming your citizenship. @AvgJane19 I'm not really sure the point you're trying to make, but my post didn't condemn the quality of the commentary? ;) See what I did there.
What about the big banks and the loophole allowing a check of the box and trading commodidies to be forien trades then no regulations apply? Isn't this a cause of inflation and risking big banks to fail?
Dodd Frank is a reasonable moderate. He picks his battles, so when he sounds the alarm, it carries weight. An example of being a moderate is that rather than expand to Medicare for all, he'd start with an initial expansion by lowering the qualifying age.
ChefMark And where do you go from that? If you over the age for medicare to ages 45+, what about a 44 year old? A 43 year old? And on and on. Not one country who moved to a single payer system switched back to a for profit system.
Well eventually you expand it to everybody. You just do it incrementally because 1. It's easier to pass 2. You learn valuable lessons for when you roll it out to everyone.
,,TH,E KINGDOM OF HEAVENS IS CLOSER, OUR KING AND LORD JESUS CHRIST RETURNS, REPEN'T OF SIN AND CHANGE YOUR WAY OF LIVING EL REINO DE LOS CIELOS SE HA ACERCADO, NUESTRO REY Y SEÑOR JESUS CRISTO REGRESA, ARREPIENTANSE DEL PECADO Y CAMBIEN DE DIRECCIÓN SUS VIDAS
It’s a Republican bill, but it’s also being supported by more than a dozen Democratic senators.
WATCH Elizabeth Warren talk about legislation as well: bit.ly/2p859Zo
VICE News hey vice good video...you should let us see the full 2 hours with Jordan Peterson he is a good man it would go a long way with your viewers. Credibility is suffering from it....also im so how FIRST!!!😇
VICE News She’s an idiot who doesn’t understand the first thing about business.
Interesting to watch this today
Terrible idea. We need to expand Dodd-frank.
Kyle Ruth Republicans and Democrats won't allow it. The IMF and Federal banks own our souls.
Angel Gutierrez To be fair, most democrats are for stricter regulation of banks and all democrats are for more oversight from the federal reserve.
That's what they want you to believe. Soon you will realize they all play for the same team, their jerseys just have different colors.
1xtra299 that's not true at all. Ideological scoring of senators proves that there is no crossover between democrats and republicans. You should know this, just look at the Supreme Court. Republicans pick justices that will roll back the new deal and have since Nixon's last term in office. Democrats put liberals who expand the great society on the court.
Kyle Ruth Learn about finance before you give your idiotic opinion.
Truth is, Dodd-Frank could have gone much further. Also, doesn't Barney Frank now work for some large bank? Typical corporatist Democrat.
This conflating of the local savings bank and Wall-street is exactly what Glass-Steagall separated
Now you're here pulling a Trump level whataboutism while conflating levels of banking that should be rigorously separated.
You throwing out savings banks as your big "Gotcha" helps you fall flat on your face as those are the exact banks that shouldn't be integrated with the stock market.
You don't even know your history.
zafoquat Glass Stegall was about separating Investment-banking & Commercial-banking businesses. Its not about big or small.
Hadi Purwanto always sad to see another one lost to the dem red scaring, you’ll realize it’s all a big scam someday
I'm impressed to hear such a reasonable, moderate view on current Republican-backed legislation. If we could all approach politics more like this we might get somewhere.
You guys make me nauseated. I'm over here upset about the use of compromise with unequal ideas between two parties that share no exclusionary planks with neoliberalism to dog whistle voters. Is this really a crappy compromise between conservative democrats and moderate republicans or is it all pro-Wallstreet shuffling under neoliberal policy?
You're over here lauding the same compromising I'm shaming.
When we listen to Justice Thurgood Marshall, in his Liberty Medal award ceremony, talk about turning against the chill wind of indifference, tearing down the walls that divide, building bridges between communities, and finding that we have so very much in common with each other is not a call to the paternalistic timetables produced from pursuing the negative peace that is the avoidance of tension that Martin Luther King, Jr. condemned in his Birmingham Jail letter. Not to be conflated.
Moderates staying comfortable are the biggest danger in this country. They never want change.
Democrats are coming to the table otherwise they will be voted out of office. Look at today’s Pennsylvania election. Lamb has all but abandoned the DNC and thrown their ideas under the bus in order to have a remote chance of competing. I think Saccone will still win but if your a Dem you don’t have much choice, neo liberalism or neo socialism will never stick. People are tired of getting screwed by DC/Wallstreet corruption.
zafoquat so we are getting screwed by the simple fact that these elected officials have to compromise some how? And MLK JR although he was the opposite of say; Malcolm X and other activists, i truly believe his approach worked, he wanted confrontation eventually, just depended on how and when the confrontation happened.
This didn’t age well lmao. It’s this rollback that help cause the current banking crisis due to the revolving door.
Damn it, how I really wanna know what kinda pants he was wearing. Spongebob PJs? Shorts? We may never know....
none
Alex Kim
A pink thong.
2 old words "Fiat currency"..... 1 new word "Cryptocurrency"
Honestly, that didn't sound that bad of an idea. I'd have to know more specifics about the regulations but it makes a lot of sense to have less imposing regulations on smaller banks. They won't survive making terrible decisions like large institutions do and they don't have the ability to do as much damage.
😂
This guy sounds like Tigger from Winnie the Pooh to me!.. And I honestly can't be the only one who hears it lol.
I remember this guy was in that Matt Damon narrated documentary about the crash.
*How United States citizens learn about politicians*
zafoquat I'm not really sure in the point you're trying to make, but they was a great doc that made clear thecauses of the crash
zafoquat im not from US just a concerned world citizen. Documentary is really good indeed.
@vagizz Apologies assuming your citizenship.
@AvgJane19 I'm not really sure the point you're trying to make, but my post didn't condemn the quality of the commentary? ;) See what I did there.
the original bill was modifed
Why are there so many shots of Barney staring into space?
What about the big banks and the loophole allowing a check of the box and trading commodidies to be forien trades then no regulations apply? Isn't this a cause of inflation and risking big banks to fail?
A bill to gain political influence using money? No thanks.
He's just covering for the Democrats and doesn't really say if he is for or against the changes.
Oopsie
Under these rollbacks, banks don't have to report the racial profile of who they're lending to, which means they can hide discrimination.
Smart man tailor made for his job
Sabertooth!
Groomer !
Dodd Frank is a reasonable moderate. He picks his battles, so when he sounds the alarm, it carries weight. An example of being a moderate is that rather than expand to Medicare for all, he'd start with an initial expansion by lowering the qualifying age.
ChefMark And where do you go from that? If you over the age for medicare to ages 45+, what about a 44 year old? A 43 year old? And on and on. Not one country who moved to a single payer system switched back to a for profit system.
Well eventually you expand it to everybody. You just do it incrementally because 1. It's easier to pass 2. You learn valuable lessons for when you roll it out to everyone.
I cant believe im this early.
It's heart warming to know that there are still some reasonable human beings in elected office. Very pragmatic and appropriate with his response.
,,TH,E KINGDOM OF HEAVENS IS CLOSER, OUR KING AND LORD JESUS CHRIST RETURNS, REPEN'T OF SIN AND CHANGE YOUR WAY OF LIVING
EL REINO DE LOS CIELOS SE HA ACERCADO, NUESTRO REY Y SEÑOR JESUS CRISTO REGRESA, ARREPIENTANSE DEL PECADO Y CAMBIEN DE DIRECCIÓN SUS VIDAS
Pound it up your party hole.
you need help. ASAP' wtf who has time for this?