"The reason there is no mention of Fannie (Mae) and Freddie (Mac) in the bill, is because it's named after two of their puppets: Dodd and Frank."
Barron's Economics Editor Gene Epstein lays into the hypocrisy of the aforementioned Dodd-Frank bill at a Freedomfest 2012 panel titled "Too Big to Regulate," hosted by the Reason Foundation's Director of Economic Research Anthony Randazzo.
The panel focused on problems with overregulation in the financial services industry, with a specific focus on the Dodd-Frank legislation.
Held each July in Las Vegas, FreedomFest is attended by around 2,000 limited-government enthusiasts and libertarians a year. ReasonTV spoke with over two dozen speakers and attendees and will be releasing interviews over the coming weeks. For an ever-growing playlist, go here now.
About 25 minutes.
Camera by Tracy Oppenheimer and Alex Manning; edited by Anthony L. Fisher.
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