Jesse's Café Américain

“Modern tyranny is terror management. When the terrorist attack comes, remember that authoritarians exploit such events in order to consolidate power. The sudden disaster that requires the end of checks and balances, the dissolution of opposition parties, the suspension of freedom of expression, the right to a fair trial, and so on, is the oldest trick in the Hitlerian book. Do not fall for it.”
Timothy Snyder, On Tyranny

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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