My Fourth of July 2019 tweets to the United States of America

This Fourth of July 2019 here are two tweets in which I expressed, to that United States of America that I admire and that I am so grateful to, some very heartfelt concerns.

In 1988 America signed on to the Basel Accord’s risk weighted capital requirements for banks. 

These gave banks huge incentives to finance what was perceived as safe, and to stay away from the “risky”. 

It is so contrary to a Home of the Brave, opening opportunities for all.

And regulators decreed risk weights: 0% sovereign, 100% citizens

That implies bureaucrats know better what to do with credit than entrepreneurs

That has nothing to do with the Land of the Free, much more with a Vladimir Putin’s crony statist Russia

http://subprimeregulations.blogspot.com/2019/03/my-letter-to-financial-stability-board.html

PS. Why “grateful”? Had my father, a polish soldier not been rescued by American’s from a German concentration camp April 1945, I would not be.

PS. As one of those millions Venezuelan in exile, I know my country’s future much depends on America’s will to support its freedom.

If a Hitler imprisoned my grandchild, could he hope to be liberated by the Americans, like my father was?

I ask this because:

Seeing the number of safety instruction posted on the pool where I live in Maryland.

Hearing rumors about sport-teams being sued for allowing players to take risks

Seeing, in the Home of the Brave, how they are using sissy bank regulations, which require banks to hold more equity when lending to “the risky” than when lending to “the safe”.

And seeing the development of the taste for drones... and distaste for boots on the ground.

I have enough reasons to get nervous about America, slowly but surely, getting to be too risk-adverse for its, and for ours, the rest of the world's, own good.

June 1940, my father was on that train which carried polish prisoners and which was the first train to arrive to Auschwitz. He had the number 245 stamped on his arm for the rest of his life. In April 1945, 70 years ago, he was liberated from Buchenwald, by American boots on the ground.