Tuesday, January 20, 2015
President Obama in his State of the Union Address — Remarks As Prepared for Delivery states:
“Will we accept an economy where only a few of us do spectacularly well? Or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort?”
And which makes me ask: Are we supposed to keep bank regulations who so much favors the infallible sovereigns’ and the AAArisktocracy’ access to bank credit, when compared to that of the “risky” small businesses’ and entrepreneurs’?
To me it is amazing to see how much regulatory aversion against “the risky” exists in the home of the brave.