Jesse's Café Américain

"Senators disturb us by reminding us of the possibility of large numbers swarming from China; but the answer to all this is obvious and very simple. If the Chinese come here, they will come for citizenship or merely for labor. If they come for citizenship, then in this desire do they give a pledge of loyalty to our institutions; and where is the peril in such vows? They are peaceful and industrious; how can their citizenship be the occasion of solicitude?"
Senator Charles Sumner, 1870

Showing posts with label Volcker Rule. Show all posts
Showing posts with label Volcker Rule. Show all posts
22 February 2010

Five Former US Treasury Secretaries Endorse the 'Volcker Rule'

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I do not expect the Volcker Rule to be passed by Congress for the simple reason that the Wall Street banks hate it. They spent hundreds of m...
06 February 2010

Volcker Rule: They Shoot Horses, Don't They?

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If the Volcker Rule were posited as a panacea, much of the criticism that has been leveled by the bank lobbyists and their congressmen, and ...
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