Fair Access to Financial Services (OCC-2020-0042-0001)

[AnOminous]

Dodd-Frank enacted the Volker Rule which bars banks from engaging in proprietary trading, meaning agents or units of a bank cannot buy or sell securities, derivatives, commodity futures or options in the banks’ accounts unless it is absolutely necessary for the business of retail banking such as currency trading. I think this is a more reasonable and overall better rule personally.

Well, it's better than nothing, I suppose. It certainly leaves a lot of wriggle room for what is "necessary" since the banks still seem to do whatever they want.

 

[King Ghidorah]

All financial institutions should have 0 rights and be forced by law to accept anyone's money short of actual criminal activity or terrorists

 

[Cyclonus]

I don't know shit about banks, but happy crawl out of your mother's vagina day, Null.

 

[Freedom Fries]

Well, it's better than nothing, I suppose. It certainly leaves a lot of wriggle room for what is "necessary" since the banks still seem to do whatever they want.

I think it's far better targeted and effective than say Glass-Steagall which IIRC didn't ban derivative trading,

 

[Mediocre]

I can't wait to donate money to this hell hole via PayPal and then subscribe monthly to the DailyStormer and also if I have any shekels left over give the rest to some politcalsperg grifter who's been blacklisted from payment processors.

 

[Irrational Exuberance]

I can't wait to donate money to this hell hole via PayPal and then subscribe monthly to the DailyStormer and also if I have any shekels left over give the rest to some politcalsperg grifter who's been blacklisted from payment processors.

...and afterwards, Minecraft some See eye eh nuggets with my car while building God's temple in my operating system!

 

[Bridge to Nowhere]

If this can be done, it'll be an important step in the right direction. It probably won't keep stepping in that direction, but it's worth it anyway. It'll be more important as time goes on and political bullshit in the US gets worse.

 

[SloberrinJ]

Sorry I'm late, but just listened to your "Mad at..." episode. Hope you had a great one, whatever stars you lay under. Yeah, massive lurker looking to donate.

 

[Toussaint Louverture]

Banks should be entirely nationalized but saying that too loud gets you shot.

Whoa bud that sounds like communism

 

[Les Morfalous]

Regulate the banks

They tried 80 years ago.....but the power of the Schekel could not be undone.

Ash draug u durb ul uluk

 

[muh_moobs]

lol no. You forget the "Final Amendment";

Unregulated banking, being necessary to the establishment of a centralized global order, the right of the Jews to steal and change currency shall not be infringed.

 

[CantThinkOfAUsername]

Happy birthday Null!

 

[grump]

Its insane how its mandatory to bake a SSM cake no matter what but okay to cut a website off from the ability to move around money at a whim.

 

[Rasputin's Side Piece]

Submitted a comment in support of banks not being able to control where and how I spend by making it difficult to transact business with several favored entities.

Happy Birthday, Null.

PS: I cannot imagine what a burden it is to be so young and yet take on so many giant problems.

 

[Condicional]

Banks should be entirely nationalized but saying that too loud gets you shot.

But what if you're from other countries too? I mean; At least in my country we have national banks, and also private banks like Macro
We need to take into consideration Virtual Cards like Brubank Prex, etc..

 

[EyelessMC]

Repealing that may be the single worst, shittiest thing Bill Clinton ever did

That's a bold claim to make on a Clinton considering their sizable list of "shittiest things". Was it even worse than Waco?
Actually considering the long-term ramifications of the act's repeal... You're right. It really is the worst.

short of actual criminal activity or terrorists

Bank Mogul: "Okay, fine. Have it your way."
~Immediately begins extensive lobbying campaign(s) to convince legislators to criminalize [benign activity] and/or officially label [religious/ideological/political group] as "terrorists"~

Bank Teller: I'm sorry, Mr. Ghidorah, but I just looked you up in our computer. In 202X you were fined $300 after being found guilty of calling a transgendered person by the wrong pronoun and not apologizing, which infringes upon transgender people's civil rights. Thereafter you were twice investigated for a series of Bookface posts from associates of yours which depicted you giving "high-fives", which the ADL and Supreme Court officially recognize as a hate gesture from members of the Super Nazi Death League, which is a totally real domestic terrorist organization. Just ask the President! Then later that year you were found to not have properly updated your domestic vaccine passport; you're overdue for your Covid-45 inoculations, making you a threat to public welfare and a walking bio-hazard. With that you've lost our "Three Strikes" rule and you have been blacklisted from all financial institutions.

You: This is retarded. Give me my money.
Them: Help! He's robbing us now!
Prison

I'm joking but you know what I mean. The Pharisees didn't get their power by just following the rules. They snaked their way through them even if they had to nibble loopholes into existence like rats gnawing through wood, then they made their own rules between those holes before elevating their rules above what they chewed through.
You're right and I agree with you, but thinking on it again these sensible caveats you listed are the wiggle room they need anyway.

What we need isn't good laws written with steel ink but men with steel spines to uphold good law. If this regulation passes it'll be a golden start, but cowards and whores make for poor guardians of gold.

 

[polonium]

~Immediately begins extensive lobbying campaign(s) to convince legislators to criminalize [benign activity] and/or officially label [religious/ideological/political group] as "terrorists"~

This is exactly why making the government an even more powerful gatekeeper of who is and isn't allowed access to banking and financial services is a fantastically more retarded idea than leaving things as they are, or better yet reducing the barriers to entry so that credit unions or other financial institutions can make some headway.

 

[King Ghidorah]

That's a bold claim to make on a Clinton considering their sizable list of "shittiest things". Was it even worse than Waco?
Actually considering the long-term ramifications of the act's repeal... You're right. It really is the worst.


Bank Mogul: "Okay, fine. Have it your way."
~Immediately begins extensive lobbying campaign(s) to convince legislators to criminalize [benign activity] and/or officially label [religious/ideological/political group] as "terrorists"~

Bank Teller: I'm sorry, Mr. Ghidorah, but I just looked you up in our computer. In 202X you were fined $300 after being found guilty of calling a transgendered person by the wrong pronoun and not apologizing, which infringes upon transgender people's civil rights. Thereafter you were twice investigated for a series of Bookface posts from associates of yours which depicted you giving "high-fives", which the ADL and Supreme Court officially recognize as a hate gesture from members of the Super Nazi Death League, which is a totally real domestic terrorist organization. Just ask the President! Then later that year you were found to not have properly updated your domestic vaccine passport; you're overdue for your Covid-45 inoculations, making you a threat to public welfare and a walking bio-hazard. With that you've lost our "Three Strikes" rule and you have been blacklisted from all financial institutions.

You: This is retarded. Give me my money.
Them: Help! He's robbing us now!
Prison

I'm joking but you know what I mean. The Pharisees didn't get their power by just following the rules. They snaked their way through them even if they had to nibble loopholes into existence like rats gnawing through wood, then they made their own rules between those holes before elevating their rules above what they chewed through.
You're right and I agree with you, but thinking on it again these sensible caveats you listed are the wiggle room they need anyway.

What we need isn't good laws written with steel ink but men with steel spines to uphold good law. If this regulation passes it'll be a golden start, but cowards and whores make for poor guardians of gold.

Lobbying should also be illegal honestly but that's a different can of worms

 

[hundredpercent]

This is exactly why making the government an even more powerful gatekeeper of who is and isn't allowed access to banking and financial services is a fantastically more retarded idea than leaving things as they are, or better yet reducing the barriers to entry so that credit unions or other financial institutions can make some headway.

Those two are drastically different things. As things are now, banks are basically government institutions. Having them respect the (lax) governmental regulations on speech too is a good thing. If "hate speech" becomes illegal in the U.S., you are fucked anyway, bank or no bank.

Decreasing the barriers to entry is a good thing, but it will never happen.

 

[muh_moobs]

1) Banks are private businesses. More government is never the solution. Just establish a credit union if you're ass-blasted at the currency changers.

2) Jews run both the banks and the government institutions regulating them. Jews will never allow fair competition to harm their shekel collecting.

3) World economy is going to collapse completely within five years due to the unrestricted printing of fiat currency during 2020. Thus, all of this is irrelevant anyways.

That's a bold claim to make on a Clinton considering their sizable list of "shittiest things". Was it even worse than Waco?
Actually considering the long-term ramifications of the act's repeal... You're right. It really is the worst.


Bank Mogul: "Okay, fine. Have it your way."
~Immediately begins extensive lobbying campaign(s) to convince legislators to criminalize [benign activity] and/or officially label [religious/ideological/political group] as "terrorists"~

Bank Teller: I'm sorry, Mr. Ghidorah, but I just looked you up in our computer. In 202X you were fined $300 after being found guilty of calling a transgendered person by the wrong pronoun and not apologizing, which infringes upon transgender people's civil rights. Thereafter you were twice investigated for a series of Bookface posts from associates of yours which depicted you giving "high-fives", which the ADL and Supreme Court officially recognize as a hate gesture from members of the Super Nazi Death League, which is a totally real domestic terrorist organization. Just ask the President! Then later that year you were found to not have properly updated your domestic vaccine passport; you're overdue for your Covid-45 inoculations, making you a threat to public welfare and a walking bio-hazard. With that you've lost our "Three Strikes" rule and you have been blacklisted from all financial institutions.

You: This is retarded. Give me my money.
Them: Help! He's robbing us now!
Prison

I'm joking but you know what I mean. The Pharisees didn't get their power by just following the rules. They snaked their way through them even if they had to nibble loopholes into existence like rats gnawing through wood, then they made their own rules between those holes before elevating their rules above what they chewed through.
You're right and I agree with you, but thinking on it again these sensible caveats you listed are the wiggle room they need anyway.

What we need isn't good laws written with steel ink but men with steel spines to uphold good law. If this regulation passes it'll be a golden start, but cowards and whores make for poor guardians of gold.

Well, that's the new Chink system of social credit on it's way to America anyways unless you lot water the tree of liberty sometime soon.