I don't know why the free fall of banks in the 1980s coincided with deregulation, nor have I said it did, nor am I posting about that. The community banks have failed over the years for a number of reasons. They are failing, and their assets are being taken over by the big banks.
The post of mine you copied was in response to another poster who said that community banks have done just fine for 50 years in spite of regulation. You say they had minimal regulation, which was the opposite of what she said. You may want to post that to her.
So when you say "independent bank" in response to my post, what are you talking about?
“I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.
U.S. Sen. Elizabeth Warren looking to regulations to protect small banks and businesses | masslive.com
She is well known to be a threat to the large banking industry and not the small.
The regulations that the CFPB and Dodd-Frank are putting in today aren't old regulations being re-upped.
Do you work in the banking industry or in the financial services compliance industry? If not, you really don't have any first hand or practical experience. I do. I post about what I know, and since I make my living in this industry, it's something I know about. I don't pretend to be a mechanic which is why I would never post in those threads. I have no understanding of foreign policy, which is why I never post in the International Politics section. I practice no religion, which is why I never post in the Religion section. Banking I know.
What is an independent bank?
Hillary is going to end up as either Obama III or Bush IV. She's too tied up with the corporate menace.
While Warren is not necessarily the most politically qualified candidate, I do believe she is intelligent enough to hire a very competent cabinet and advisers to assist her.