Happy Birthday, Dodd-Frank! You’re four years old and useless—nay, worse than useless—and Rep. Jeb Hensarling and his fellows thinks still think that the perfect gift is a dose of euthanasia with a side of not doing anything else, as they explain in a new 100-page Hallmark card.

Among its charges, the report claims the process created by the law for regulators to designate certain nonbank financial companies as “systemically important” amounts to telling investors the government thinks those firms are too big to fail.

House Republicans Take Aim at Dodd-Frank [WSJ]

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Comments (7)

  1. Posted by Mavis Beacon | July 21, 2014 at 1:02 PM

    I'm so sorry. I had no idea.

  2. Posted by Captain Oblivious | July 21, 2014 at 1:14 PM

    House Republicans are nothing but backwards as ritards. They understand almost nothing about finance, al they do is pander for votes and money to a constituency that is racist, homophobic and above all else stupid. Sure, lets not raise the debt ceiling and not make good on our commitments, that won't have any long term effects on our economy. Holy Christ.

  3. Posted by Puck It | July 21, 2014 at 2:19 PM

    Looks like Little Jonny's report cards.

    —Shaz's Mom

  4. Posted by Narcissus Bellicose | July 21, 2014 at 2:26 PM

    I have just the thing for shazz's next article:

  5. Posted by Shortest List Ever | July 21, 2014 at 4:16 PM

    "People named Jeb who are knowledgeable about finance."

  6. Posted by Guest | July 21, 2014 at 4:59 PM

    Thanks for sharing what I'm sure is a completely objective opinion on the Republican party.

  7. Posted by Easy, libtard | July 22, 2014 at 9:03 AM

    Your name sure fits