Banks at 1930s consolidation levels

I assumed he was claiming that dodd Frank somehow caused this consolidation.


why throw out a random question while debating?


Usually the person has a point
 
http://www.palmbeachpost.com/videos/news/number-of-banks-at-depression-low-report/vCKcSj/




The number of U.S. banking institutions with door still open is the lowest since the Great Depression. 6,891 federally insured banks were operating through the third quarter, according to the Federal Deposit Insurance Corp. and that's the first time the number has dropped below 7,000 since the 1930s, according to the Wall Street Journal. Smaller banks are being gobbled up by a wave of consolidation, and collapses brought on by the recent financial crisis are also a factor says the report.



I thought for some reason he was trying to discuss the issue
 
I assumed he was claiming that dodd Frank somehow caused this consolidation.


why throw out a random question while debating?


Usually the person has a point

If I ask someone for directions am I trying to make a point or am I trying to get directions?

How is asking about Frank-Dodd random when talking about banks?
 
I assumed he was claiming that dodd Frank somehow caused this consolidation.


why throw out a random question while debating?


Usually the person has a point

He was asking YOU if YOU had an OPINION on whether or not Dodd Frank played a ROLE in the consolidation.

But your problem is that you ALWAYS ASSUME things are ALL OR NONE. It never occurred to you that he may think Dodd Frank was responsible for PART of the consolidation. You immediately jumped to the conclusion that his point was Dodd Frank caused ALL of the consolidation.

But then, we all know you are a fucking idiot who will NEVER acknowledge that something Democrats did harmed the economy.
 
If I ask someone for directions am I trying to make a point or am I trying to get directions?

How is asking about Frank-Dodd random when talking about banks?

Because Dodd Frank was about banking regulations, which as we all know has nothing to do with banks.
 
wow your really fucked up today huh?


I gave you an answer so why is your undies so wadded?


Actually you didn't give an answer. You gave a link to Wikipedia. That's not an answer. So in reality you don't know the answer to the question either.
 

Your answer is that Dodd Frank somehow made consolidation of banks more orderly?

If so, HOW did it do that?

Did you bother to read the two pieces that show Dodd Frank is hurting small banks and causing them to either go out of business or get bought out by the big banks?
 
Your answer is that Dodd Frank somehow made consolidation of banks more orderly?

If so, HOW did it do that?

Did you bother to read the two pieces that show Dodd Frank is hurting small banks and causing them to either go out of business or get bought out by the big banks?



I thought there was no point to the question?


what part of it is causing small banks to go under?
 
I thought there was no point to the question?


what part of it is causing small banks to go under?

Read the links I posted Desh... both of them go into a good amount of detail on the topic.

The point of the question was to see if YOU had an opinion on Dodd Frank and its potential for impact on the very problem you are bitching about.
 
Back
Top