When in 2010 this happened…

Dodd–Frank Wall Street Reform and Consumer Protection Act

I began pointing out the blatantly obvious:

The law made Wall Street – and preeminently the Big Banks – even more powerful.

And the only thing it “protected” consumers from – was access to loans.

Flash forward to 2020: And the totalitarian government lockdowns – in the name of a flu – further aided the murder of Little Guy lending.

Lockdowns: Big Banks’ Further Market Consolidation – Further Aided by Big Government

Then Alzheimers-addled Joe Biden took office – to administer the coup de grace to lending to poor people. (more…)