Lost the Vote? Deny the Money

If you wanted to reproduce the conditions that led to the Great Recession in 2007, the easiest way would be the plan unveiled last week by House Republicans : gut the regulators who are supposed to keep the worst business practices in check.

At a time when the economy is still reeling from the downturn, House Republicans released a spending bill that would severely cut the budget of the Commodity Futures Trading Commission, which would keep ... Full Story »

Posted by Fabrice Florin - via New York Times (Most Emailed), New York Times (Editorials), New York Times (Opinion)
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Member Tags: regulation and deregulation of industry, banking and financial institutions, commodity futures trading commission, securities and exchange commission, Internal Revenue Service, house of representatives, dodd-frank wall street reform and consumer protection act (2010), budgets and budgeting, jpmorgan chase & company, republican party, united states politics and government, federal budget (us), reform and reorganization, consumer financial protection bureau, jpm, nyse
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Posted by: Posted by Fabrice Florin - Jun 9, 2012 - 7:55 PM PDT
Reviewed by: Fabrice Florin (review)
Content Type: Article
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Fabrice Florin
by Fabrice Florin - Jun. 10, 2012
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