The ill-conceived "Financial Reform Bill", also known as "The Dodd Bill", after "Countrywide" Chris Dodd, perpetuates the perverse incentive system affectionately know as "too big to fail" (see: Bailouts). The bill has numerous other damaging aspects as well (which I'll write about soon), but this new Heritage Foundation video nails one of the more troubling effects of the legislation, keeping taxpayer's on the hook for any future bank bailouts. Just another example of the government doubling-down on stupidity.
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Prosperity, Accountability, Freedom
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