Tag Archives: Dodd-Frank

Dood-Frank – Here We Go Again.

Reflections of past arrogance, delusions of supreme superiority forged with forked tongues as they slither back and forth.

Remember those glorious years, granny in her toasty home, a Vet home from his/her deployment settling back to civilian life in loving arms and castle. A time when the majority described as gut retching pain seeing their granny foreclosed on, their Veteran relative lose their castle. Perhaps not, we Homo sapiens live short life spans considering other species, with this short life span; we also have short memories and forget certain events that occurred only about a decade ago.

I am talking about the 2008 financial crisis where many lost their steven mnuchin foreclosed on elderly peoplejobs, homes and self-respect while people like Steven Mnuchin whom foreclosed on a 90-year-old woman for a twenty-seven cent error and he made millions by doing this.  There were others who followed the path of Mnuchin moral code, Some were indicted while other went scot-free. There are those on the far right that I believe to some degree, care less who lost their home during this time period as long as it wasn’t them. They may say, ” You should have managed your funds better”, to other sarcastic remarks.

I bring this up for those that do have opportunities to purchase homes and in recent news as of today, Trump has ordered to have the Dodd-Frank reviewed and stated that he will be cutting out many regulation, regulations that were meant to protect us the consumer from greedy pretentious asinine corporate world, like big banks and Wall-Street that caused this in the first place which is a left over from George W. Bush Jr Administration.

No one likes home-work, yet I am giving everyone homework. That home-work consists of a few fact based movies that pertain to the 2008 financial crisis.

The Big Short (2015)

Margin Call (2011)

Too Big To Fail (2011)

Inside Job (2010)

Frontline: The Warning (2009)

The Flaw (2010)

Enron: The Smartest Guys in the Room (2005), though not based on the 2008 crisis, it provides in-depth interviews of corruption and greed.

 

 

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