4.8 • 3.3K Ratings
🗓️ 24 November 2016
⏱️ 28 minutes
🧾️ Download transcript
Peter Wallison joins me to discuss the horrifying face of financial reform, and why it should be completely repealed.
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0:00.0 | The Tom Woods Show, episode 790. |
0:03.4 | Prepare to set fire to the index card of allowable opinion. |
0:08.0 | Your daily dose of liberty education starts here, the Tom Woods Show. |
0:14.2 | Folks, if you missed the Contra Cruise, a week of hilarity and tremendous fun at sea with Bob Murphy and me, well, check out |
0:22.4 | the highlight video and just maybe a link to future cruises. Check it out at contracruise.com. |
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0:38.5 | teach you exactly what I do. I can show you all different ways to monetize a website, whether linking |
0:44.1 | to affiliate products that are related to what you talk about, or starting your own podcast, |
0:48.7 | or self-publishing a book, or blogging. I can take you step by step through all of it in my free |
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1:03.6 | Hello, everybody, Tom Woods here. This is the episode we are releasing on Thanksgiving Day. |
1:08.8 | And of course, you think Thanksgiving, you're going to thank Dodd-Frank. |
1:12.7 | The Dodd-Frank Wall Street Reform and Consumer Protection Act is actually our topic for today. |
1:18.4 | It's a topic I've wanted to cover for a while. It's a topic that came up in the presidential debates, |
1:24.6 | certainly in the primaries, quite a bit, and everybody seemed to be convinced |
1:29.1 | that it's a bad thing. And yet the conventional wisdom is that it's a good thing. We need this |
1:33.8 | kind of regulation. So I want to get to the bottom of it. And in doing so, I am bringing back to the show |
1:39.5 | our friend Peter Wallison from the American Enterprise Institute, because he's the author, among other books, of a big, big book called Bad History, Worst Policy, how a false |
1:51.2 | narrative about the financial crisis led to the Dodd-Frank Act. Peter Wallaceon is a lawyer |
1:56.6 | and the Arthur F. Burns Fellow in Financial Policy Studies at the American Enterprise Institute. |
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