Alex Pollock was president and CEO of the Federal Home Loan Bank of Chicago from 1991 to 2004 and is a resident fellow at the American Enterprise Institute (AEI). He exposes the unintended consequences and government over reach of Dodd-Frank. The government somehow believes that they are problem solvers, in spit of what Ronald Reagan warned us, that Government is the problem. 1) Pollock makes the following points: • There are recurring cycles in lending: (1) […]
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