- Joined
- Feb 20, 2012
- Messages
- 104,071
- Reaction score
- 84,041
- Location
- Biden's 'Murica
- Gender
- Female
- Political Leaning
- Moderate
Re: Elizabeth Warren vs. Hillary Clinton
Sure I did. Many times. And there are links from non-partisan sources that are along the same line I've been posting about.
The regulations can be handled by the big banks. They can afford them, and they are staffed for them. They are also the ones (if you recall) who were making bad loans...intentionally.
The community banks historically didn't make bad loans. Yet they are now overburdened with regs they can't manage, aren't staffed for, have to make very large capital investments in software & consulting to handle, etc. There are also very strict burdens on them as far as capital ratios which enable them to lend money. Those ratios are close to unrealistic, and as a result, they will even more than ever stop lending. That will hurt consumers and small businesses.
They will collapse even more, and become targets of large banks. That is also not good for consumers and most especially not small businesses.
That's what I've said repeatedly in this thread.
Well then if you are specifically talking about RESPA, Reg Z and E, TILA etc......you've NEVER answered the question how that hurts small banks but I'll patiently wait.
Sure I did. Many times. And there are links from non-partisan sources that are along the same line I've been posting about.
The regulations can be handled by the big banks. They can afford them, and they are staffed for them. They are also the ones (if you recall) who were making bad loans...intentionally.
The community banks historically didn't make bad loans. Yet they are now overburdened with regs they can't manage, aren't staffed for, have to make very large capital investments in software & consulting to handle, etc. There are also very strict burdens on them as far as capital ratios which enable them to lend money. Those ratios are close to unrealistic, and as a result, they will even more than ever stop lending. That will hurt consumers and small businesses.
They will collapse even more, and become targets of large banks. That is also not good for consumers and most especially not small businesses.
That's what I've said repeatedly in this thread.