Repealing Dodd-Frank and Flat Earthism in the Republican Party

The New York Times ran a piece discussing in detail Republican efforts to repeal the financial reform bill passed under President Obama. The piece includes a quote from Representative Jeb Hensarling, the chairman of the House Financial Services Committee:

“Republicans on the Financial Services Committee are eager to work with the president and his administration to unclog the arteries of our financial system so the lifeblood of capital can flow more freely and create jobs.”

It would have be...