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Post by john on Nov 12, 2009 21:05:38 GMT -5
Banks how to play,with your funds and our economy.
10th anniversary of the repeal of Glass-Steagall today. Want to point a finger at the mess we are in financially, that would be a good place to start!
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Post by arozanski on Nov 13, 2009 7:45:42 GMT -5
This was the removal of the barrier between 'hold your money and lend it responsibly' banks and 'put it all on red' banks, right?
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Post by keystonejenks on Nov 13, 2009 8:40:28 GMT -5
I also point the finger at Clinton for the Telecommunications Act he signed. He created this mess we have on the radio and TV today!!!
Funny thing though. Many of us liberals will call our own on their BS. The right just walk lock-step with what they're told. To me it's a good thing but it's also a tragic flaw.
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Post by bizarro on Nov 13, 2009 8:50:33 GMT -5
Just goes to show, Clinton was no liberal.
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Post by arozanski on Nov 13, 2009 8:51:23 GMT -5
Just goes to show, Clinton was no liberal. So what was he (other than good with the ladies)? |
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Post by bizarro on Nov 13, 2009 9:39:47 GMT -5
A deft politician and an over-achiever.
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Post by flylooper on Nov 13, 2009 10:30:13 GMT -5
Bill just wanted to be loved. All these banks reporting these great results! My God. They're back doing the same old crap and sooner or later it's going to explode in OUR faces again. They've got an army of lobbyists trying to keep from being re-regulated. Donald Evans, Bush's Sec/Commerce is CEO of The Financial Services Forum, the org hardest at work to maintain the status quo. The members: AIG, Robert Benmosche Allstate Insurance Company, Thomas Wilson Bank of America, Ken Lewis BNY Mellon, Robert P. Kelly Citigroup Inc., Vikram Pandit Credit Suisse, Brady W. Dugan Deutsche Bank AG, Dr. Josef Ackermann Edward Jones, James D. Weddle Fidelity Investments, Edward Johnson, III GE Capital Corp., Michael A. Neal Goldman Sachs, Lloyd C. Blankfein HSBC, Stephen K. Green JP Morgan Chase & Co., James Dimon MetLife, Robert (Rob) Henrikson Prudential Financial, John R. Strangfeld State Street Corporation, Ronald Logue UBS AG, Marcel Rohner US Bancorp Richard K. Davis |
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