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Stocks drop after Trump says he's actively considering breaking up big banks
CNBC.com ^ | 5/1/2017 | CNBC Staff

Posted on 05/01/2017 9:59:01 AM PDT by gwjack

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To: gwjack

Breaking up Freddie and Fannie is a great start.


61 posted on 05/01/2017 11:56:42 AM PDT by wardamneagle
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To: gwjack

I didn’t see any impact in currency exchanges.


62 posted on 05/01/2017 11:57:21 AM PDT by AndyTheBear
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To: freddy005
You CAN NOT have “small government” so long as the Federal Reserve exists!!

It should be obvious, but it seems not. Many here on FR think that all can be changed by simply voting sensible conservatives into government. Not. a. chance.

As the most obvious example I point out - in 2008, when the Federal Reserve embarked on buying up $4.5 Trillion in MBS from member banks and Government bonds - what was it doing? It was directly BAILING OUT, a Democrat, progressive, Fed.gov program (Fannie and Freddie) and everyone who invested in them. If that's not supporting socialism and corrupt crony-capitalism with printed, fiat money - I don't know what is.

63 posted on 05/01/2017 11:59:21 AM PDT by PGR88
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To: freddy005

Well said freedy005! You understand.

How can so many intelligent people like Freepers not understand that Big Banking creates socialism through dependence and destruction of the middle classes’ wealth.

Come on, do more brain pull ups. :-)


64 posted on 05/01/2017 12:00:47 PM PDT by TheNext (TrumpCare SUCKS! But just Build the Wall!)
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To: drypowder

Trump to decide if over 3,000 confidential
JFK files to be released soon.


65 posted on 05/01/2017 12:09:11 PM PDT by wardamneagle
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To: vette6387

“So tell us all, what would you have done? Make a government shutdown the only news being covered?”

If he is not willing to shut the government down and do brass knuckle intimidation of key Republicans, he will get rolled when the uniparty acts against him and conservatives. He also will never be able to control the media working against him 24/7. The Administration could have been out front and told everybody loud and long that the Democrats were willing to shut down the government for $1.5 billion of wall funding. Yet they didn’t. The Democrats were much more on message and much more aggressive.


66 posted on 05/01/2017 12:44:25 PM PDT by Truth29
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To: PGR88

It should be obvious, but it seems not. Many here on FR think that all can be changed by simply voting sensible conservatives into government. Not. a. chance.
____________________________________________________________________
It’s ALL spelled out in “The Creature From Jekyll Island” by G. Edward Griffin. Please help spread the word to all our contrastive brothers and sisters. In this regard most Libertarians have a better grasp on this and I credit Ron Paul for being the only true vocal opposition to the Federal Reserve. Unfortunately he was viewed as a loon by his own (R) party!


67 posted on 05/01/2017 12:53:00 PM PDT by freddy005
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To: Truth29

“The Democrats were much more on message and much more aggressive.”

But not the Repubicans! If Trump had the support of his own party, things would have been different in the short term. I still have faith that he will best this bucket of cocks that call themselves “repubicans.” This whole current budget exercise is a naked attempt by Paul Rino and the “moderate repubicans” to undermine Trump. Think about that when next you vote for “your guys!”


68 posted on 05/01/2017 1:08:36 PM PDT by vette6387
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To: freddy005

“In this regard most Libertarians have a better grasp on this and I credit Ron Paul for being the only true vocal opposition to the Federal Reserve.”

What a load of crap! Libertarians are just reined in anarchists and Ron Paul is a worthless SOB who was nothing more than a Congressional $hit Disturber for all of his miserable career. I will bet you that Ron Paul never passed one piece of legislation in his entire time in office! Just like Paul Ryan. These pr!cks can’t even repeal Obamacare now after having done so umpteen times when they knew it didn’t matter.


69 posted on 05/01/2017 1:12:43 PM PDT by vette6387
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To: zeestephen
Re: “Governmental regulatory policies (including the Fed) favor large institutional banks.”

Millions of completely satisfied consumers - like me - also favor large institutional banks.

You are more than welcome to bank where you wish, I object to the government using regulatory power to drive small banks, that are otherwise healthy, out of the market.

70 posted on 05/01/2017 1:16:03 PM PDT by drop 50 and fire for effect ("Work relentlessly, accomplish much, remain in the background, and be more than you seem.)
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To: gwjack

NVDA - Nivida is up $2.34 today
So bust up the banks! and throw in Goldman Sachs too!


71 posted on 05/01/2017 1:51:43 PM PDT by minnesota_bound
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To: vette6387; flat; unkus; SkyPilot; Liz; MinuteGal; bevperl; ZULU; NFHale; justiceseeker93; ...

President Trump, IMO, should call all these schmucks into his office; one by one; and tell them that they either get on the Trump Train and do what We The People elected him to do, or he will campaign to get these vermin ousted at the first opportunity. They can order their packing boxes now. As Rush said today, “follow the money” and you will see the vermin who need to go and why. I would personally add, uncover their corruption as well as follow the money. It’s political war and we need to do our part to protect and defend this nation and MAGA. Apparently, members of Congress are too arrogant and too stupid to realize the American people are “fed up” with their selling us out. Comments or other advise?


72 posted on 05/01/2017 2:52:16 PM PDT by ExTexasRedhead
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To: Mouton

You. If he doesn’t, he becomes Chuckle’s best bitch.


73 posted on 05/01/2017 3:30:12 PM PDT by tumblindice (Shut it down. Our ancestors would be shooting by now.)
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To: McGavin999

“The bailout and following regulations forced a lot of them out of business. The only ones who benefited were the too big to fail banks”

And countless small town banks were forced to merge with other small town banks.


74 posted on 05/01/2017 3:38:08 PM PDT by Rebelbase (Deportation mayhem is just birthing pains for a new America.)
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To: ExTexasRedhead

Trump should go all the way, and ‘rats and RINOs be damned!


75 posted on 05/01/2017 3:49:43 PM PDT by sheik yerbouty ( Make America and the world a jihad free zone!)
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To: Rebelbase

Many of them were forced to merge with the big banks, or squeezed out completely.


76 posted on 05/01/2017 3:53:49 PM PDT by McGavin999
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To: gwjack

Sure would be nice if small banks would start lending to businesses again.


77 posted on 05/01/2017 5:06:38 PM PDT by rodguy911 (Home of the Free because of the brave.MAGA!!)
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To: ExTexasRedhead

This thread, with links to the complete set of four articles in the series, really, really explains what has gone wrong in DC:

https://theconservativetreehouse.com/2017/04/29/part-iv-2016-prescient-dc-lobbyists-talk-trump-the-end-of-life-as-we-know-it-here/


78 posted on 05/01/2017 5:09:17 PM PDT by Albion Wilde ("We will be one people, under one God, saluting one American flag." --Donald Trump)
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