The Democratic Party’s platform draft for Financial Services states that “[t]o restore economic fairness, Democrats will fight against the greed and recklessness of Wall Street.” Despite these goals, the proscribed policies in the Democrat’s platform will have unintended consequences that will harm consumers, and make the biggest banks bigger and smaller banks disappear. In short, … Continue reading
Tag Archives: Democratic National Convention
DNC 2012: The “Things You Shouldn’t Say Out Loud” Department
Watching the Democratic National Convention, I’ve been struck by one overarching thought: whatever you believe about the issues discussed, many of them are not things that should be said out loud, at least if you’re trying to attract votes. It’s obvious that the Democratic Party has taken this opportunity to speak to their base. The … Continue reading
Fact-Based Opinions: The User’s Manual
The game of politics. Some wish they could win it; everyone wishes they could understand it. Naturally, the game involves playing. (It is a game, after all.) So, it comes as no surprise when, during this political season, “Fact Checkers” pop up left and right. We laypeople need the plain truth, not the politicized version … Continue reading
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