Tuesday, May 15, 2012

RNC Chair Calls for Less Regulation of Wall Street After $2 Billion JPMorgan Loss

RNC Chair Calls for Less Regulation of Wall Street After $2 Billion JPMorgan Loss
"As Steve pointed out, this is Mitt Romney's position as well and they're counting on the public hating regulation as much or more than they hate Wall Street. That's the talking point they've been hammering home regardless of how reckless Wall Street and the bankers have been in the aftermath of the crash and ever since President Obama took office, so I don't expect them to change now. Forget about the fact that Wall Street took our economy down, regulations are terrible."