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house Bill H.R. 1334

Leveling the Playing Field Between Savings and Loan Holding Companies and Banks

Argument in favor

This corrects a mistake from legislation that was signed into law in 2012. It ensures that banks and savings and loan holding companies are playing by the same rules.

John's Opinion
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09/22/2015
I recall that 2012 mistake, committed no doubt due to the undue influence of the big banks. Let's correct it.
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Argument opposed

There’s only about 600 saving and loan holding companies that this loophole applies to, and they’re all relatively small — why do they deserve special attention?

GrumpyMSgt's Opinion
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08/09/2015
Look out when terms like "Level the playing field" or "comprehensive" are used by politicians.
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    Look out when terms like "Level the playing field" or "comprehensive" are used by politicians.
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    Wasn't the lifting of Glass Steagall part of the problem that laid the economy low in 2008? These categories of investment serve different roles and should never have been equated and allowed to consolidate.
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    This doesn't sound like it is a good idea.
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    Hey an idea lets end the FED and congress do its job as the constitution said! Congress shall coin money and shall regulate the value. Why continue to pay a private firm such as the FEDERAL RESERVE to print money with no value backed by nothing! And pay interest on it. This called enslavement. Do your job constitutional responsibilities congress!
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    If a bank gives a person a mortgage, especially if the bank kind of knows it will be hard for these people. THEY Should BE HELD RESPONSIBLE. PERIOD. NO MORE BAIL OUTS FOR BEING STUPID. THAT WAY BEFORE HIVING A LOAN THE BANKS WOULD MAKE SURE THE PEOPLE QUALIFY. Just my opinion
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    They serve different markets
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    Common sense.
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    I recall that 2012 mistake, committed no doubt due to the undue influence of the big banks. Let's correct it.
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