Monday, October 21, 2013

The Messy Dodd-Frank Act

                                       
Politicians love power wherever and however they can get it. Unfortunately, this has become a habit in Washington. Especially when it creates a source of contributions to help finance campaigns to get out votes.
                       
So, the Dodd-Frank Act has investors over a barrel in so many different ways, through onerous regulation. Yet, this type of error can sometimes be as easy to make as it is for a baseball outfielder to occasionally flub a fly ball.

While lawyers have gotten more advantages from all the new restrictions. Since Democrats get well over 90% of campaign funds from tort lawyers, guess why these messy tidbits are in the law? (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)    

       
   

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