Posts Tagged “Dodd-Frank”

Dodd-Frank Isn’t Legislation; It’s a Comedy

73 | By Shah Gilani

In last week’s Insights & Indictments, in my commentary on all the letters sent to the SEC about the proposed Volcker Rule, I not-so-casually commented that the Volcker Rule “shouldn’t exist at all.”

And then I called the parents of the Volcker Rule, the Dodd-Frank Act, a “joke.”

Well, by the amount of comments I got back from I&I readers – right now, there are about 95,000 of you (and counting) – you’d think I was talking about something really controversial, like contraception, for heaven’s sake.

Talk about passionate!

I understand that people get passionate about contraception. After all, without all that passion, we wouldn’t need contraception.

But me being passionate about the birth of the Volcker Rule, which I said should never had been conceived, apparently caused a lot of you think I crossed some moral line.

Not me! I’m not one to ever say anything controversial! And I’m certainly not the kind of guy to wade into the contraception debate.

But, if I was, I’d be a strong advocate for it.

The unwelcome birth of the Volcker Rule is a good example…

Occupy Wall Street, Consider This My Gift to You…

2 | By Shah Gilani

Out of far left field, I see something coming that I never expected.

It’s more like the coming together of pieces of a puzzle that have eluded us for too long.

By the way, Occupy Wall Street, if you’re listening, and I hope you are, and you’re still floundering (which I know you are) without a cause that anybody can really wrap their heads around, drop your drums, chants, and wanderings, and make the coming together of this puzzle what you’re protesting.

And make what could result what you are demanding.

Because, really, this could be the mother lode…