4.8 • 3.3K Ratings
🗓️ 4 July 2017
⏱️ 31 minutes
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You may be familiar with the problems with Dodd-Frank, but here's one almost nobody knows about: it all but shuts off a significant source of financing for lower-priced and starter homes. Hard to believe, I know: a government regulation harming ordinary people....
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0:00.0 | The Tom Woods Show, episode 944. |
0:03.6 | Prepare to set fire to the index card of allowable opinion. |
0:08.2 | Your daily dose of liberty education starts here, the Tom Woods Show. |
0:14.5 | Folks, I don't know what your problems are, but I can't imagine you have any that couldn't be solved by a free e-book from me. These books help you win |
0:22.4 | debates and they're fun to read. Check them out at tom's freebooks.com. Hey everybody, Tom Woods here. |
0:28.6 | Jeff Watson is with me today. We're going to be talking about Dodd Frank. We've talked about |
0:32.3 | Dodd-Frank in the past, and I will link on today's show notes page to the time that Peter Wallace and joined us to talk |
0:41.3 | about this topic. But today we're talking about an aspect of Dodd-Frank that is not covered |
0:47.0 | very much, doesn't get much publicity that I certainly haven't discussed on the show, but about |
0:52.1 | which our guest, Jeff Watson, is an expert. I don't want to |
0:56.6 | steal his thunder, but I'll just say that Dodd-Frank is not only stripping property owners of |
1:03.3 | their liberties, but it's also undermining the sale of starter homes and affordable homes for |
1:10.6 | people who are finding that their finance options |
1:14.7 | have more or less dried up pretty much directly because of Dodd-Frank. So we're going to go |
1:21.1 | into exactly how that's happened in the episode today. Jeff Watson has had an active trial and hearing practice for more |
1:30.1 | than 25 years. He's also been a real estate investor since 1994, investing in both residential |
1:36.2 | and commercial properties. Jeff, welcome to the show. My pleasure to be with you. I had a |
1:42.3 | listener who heard you somewhere, either at an event or on a podcast or somewhere, |
1:47.0 | and said this guy is very well-spoken, very interesting, and he's got a lot to say about misplaced government regulation, |
1:55.5 | extremely imprecise in its target and what the consequences of that can be. |
2:01.5 | Now, before we get into any real flesh and blood examples of this, can you, for a lay |
2:06.1 | audience, explain exactly what the particular part of Dodd-Frank that affects you is and |
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