Here Ryan blogs about politics, film, TV, history, religion, science, books, theater, digital media, LGBT issues, Bushwick & Williamsburg, New York City, and anything else he's interested in at the moment. Oh, and he'll probably talk a lot about himself.
This is a personal blog. Any opinions expressed here and on my Twitter represent my own and not those of my employer or clients.
Bank lobbyists are not leaving it to lawmakers to draft legislation that softens financial regulations. Instead, the lobbyists are helping to write it themselves.
One bill that sailed through the House Financial Services Committee this month — over the objections of the Treasury Department — was essentially Citigroup’s, according to e-mails reviewed by The New York Times. The bill would exempt broad swathes of trades from new regulation.
When there is no political will for real action, you resort to theatrics that make everyone feel better but accomplish nothing. Once everyone feels better, everybody goes home and nothing is done. So I say, stop trying to make people feel better. Keep them angry and wanting to do something.