So yesterday the house passed a bill, outlined here motherjones/…/dodd-frank-bill-house-gop-hr-37 that reverses regulations passed after the financial crisis, so banks can do it again. If you have no idea what happened in 2008, this video is really fun and clear in explaining it. Its worth understanding before they do it again. Its also worth pulling all of your money out of for-profit banks and into non-profit credit unions. I did it in 2011 and never looked back. Its not that anyone is evil or good. Theyre just addicted to gambling and cant stop themselves.
Posted on: Fri, 16 Jan 2015 00:28:21 +0000