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Here They Go Again
Here They Go Again I’m sorry, but if you repeat a lie often enough, it still doesn’t make it the truth. That hasn’t stopped Wall Street apologists from continuing the stale assault that the...
Trillions for Wall Street, but not one cent for Main Street
Trillions for Wall Street, but not one cent for Main Street “Millions for defense, but not one cent for tribute.” When Robert Goodloe Harper uttered that famous statement he was referring to...
Too-Big-To-Fail is NO Laughing Matter
Too-Big-To-Fail is NO Laughing Matter Isn’t it nice that we can all look back at the financial crisis of 2008-10 and just laugh? Isn’t it about time we forgive the too-big-to-fail financial...
The Antidote to Deposit Concentration? TAG
The Antidote to Deposit Concentration? TAG I recently wrote that extending full FDIC coverage of noninterest-bearing transaction accounts is a matter of urgency. And it is. Congress has to act by...
Ending Crushing Regulatory Burden Job #1 at ICBA
Ending Crushing Regulatory Burden Job #1 at ICBA Ending the crushing regulatory burden on Main Street community banks is and has always been Job #1 at ICBA. But over the past four years, our...
ICBA Welcomes ABA to TAG Extension Effort
ICBA Welcomes ABA to TAG Extension Effort This week’s American Bankers Association announcement that it will join the ICBA-led push for extending full FDIC coverage of noninterest-bearing...
By God, That is Enough! It is Time to Stop the Madness!
By God, That is Enough! It is Time to Stop the Madness! In G.K. Chesterton’s short story titled “The Three Tools of Death,” a character named Patrick Royce says, “I give myself to the gallows; and,...
“Wall Street (and the Government) Get the Gold; Main Street Gets the Shaft”
“Wall Street (and the Government) Get the Gold; Main Street Gets the Shaft” It seems that Wall Street can take billions of taxpayer dollars on a phone call to Treasury and that Wall Street...