When the Bankers say ‘We’, the word ‘we’ usually means a political party.
In this case, it was a group of Republican governors and senators who, when they were sworn in on Tuesday, were given the opportunity to promise that they would not be beholden to special interests.
‘We will not be bought off by special interests or their special interests,’ Republican governors Tom Corbett and Tom LePage told the crowd.
‘When we say we will, we will deliver a new direction for our state and for the country, a direction that will create more opportunities for all Americans, including for our children, our grandchildren, our great-grandchildren and the grandchildren of our great grandparents.’
The pledge by the Republican governors was a clear signal that their party is committed to the idea that the country can achieve prosperity by itself, by itself and for itself.
In that sense, the election of Donald Trump as US president on November 8 was a very good thing for Republican governors, and their fellow Republicans.
The fact that Trump did not win the White House has made that message less credible.
The GOP is a party of the rich and powerful, which means that if it wins back the Whitehouse, it will not only need to rework the laws it inherited but will also have to deal with the consequences of the financial crisis that came with it.
For the first time in modern American history, the rich are not going to have to worry about bailouts or tax cuts.
But the financial sector will.
As long as the rich hold more than they can spend, the financial system will become more precarious, and the rich will be more vulnerable.
The rich, after all, were the main reason that the US economy collapsed.
The Republican Governors Association and the Heritage Foundation have long advocated for the dismantling of the Dodd-Frank financial reform law, which they view as a disaster.
They want the US to be a country of winners.
It is true that the financial industry is heavily reliant on tax breaks and loopholes.
But there is also a good deal of money flowing into the economy from capital gains taxes and dividends.
That is why they want to dismantle the laws they inherited.
They argue that the rules set up by Dodd-Com and other financial reforms were created to ensure that corporations were not forced to pay billions of dollars in back taxes or fines to the government.
They also want to undo regulations like the Consumer Financial Protection Bureau and other rules that require banks to treat consumers fairly.
It’s a good argument that the big banks have been underpaid by billions of bucks, and that there is a lot of money at stake.
But they also believe that if we repeal the Dodd Frank financial reforms, the banks will have to pay back billions more, and they will do that through higher rates on all financial transactions.
The banking industry has long fought for such a tax on transactions.
But now the lobbyists have got a big ally in the White house.
And they are not backing down.
Trump and his fellow Republicans will be able to make a promise to the banks that they will not pay for higher interest rates on any financial transactions, regardless of how many times they make a payment.
The Republicans will also be able, they hope, to force financial regulators to reclassify certain financial products as investments, which could force them to charge higher rates for them.
The big banks also hope that the repeal of Dodd-Act regulations, like the so-called Glass-Steagall Act, will force them into a more traditional role of commercial banks.
This would mean that they could become the banks of the future, a role that they were not in the past.
The idea that they are going to be the big players in a future financial system is an illusion.
They will be part of the big companies, like Walmart or Bank of America.
They already are.
They just want to be big again.
So, as the Republicans pledge is made, it’s important to remember that this is not about the financial services industry.
The financial industry has been the engine of America’s prosperity for generations.
The banks have done a great job of helping the US survive the Great Depression, the stock market crash of 1929 and the Great Recession of 2008.
The banksters also did a great deal of damage during the financial collapse, by pushing up the prices of credit cards, mortgages and other products.
The bankers have also made millions from the mortgage-backed securities that are now known as subprime mortgages.
The huge profits that these bankers made during the collapse made it impossible for anyone else to compete, even as they created new financial products that made it possible for other people to enter the market.
These days, the banking industry is run by a handful of well-paid executives.
But these executives are not responsible for the collapse.
The Federal Reserve is.
The Fed is the central bank that sets interest rates for all US banks.