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Post by will on May 14, 2012 13:50:54 GMT -5
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Post by baldrick on May 14, 2012 14:24:51 GMT -5
What are the odds of it ever passing, without being so watered down as to be useless?
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Post by will on May 14, 2012 16:58:04 GMT -5
Slim to none in this climate. JP Morgan did us a favor by making it slightly more likely. At least economists are discussing it. The rest of the country will take a while longer. If they want to speculate, let 'em, but cut 'em down to size and make sure they don't take the rest of us with them when they screw up. They have proven repeatedly that they are not nearly as smart as they think they are, so we shouldn't insure their stupidity and cupidity.
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Post by kitkat on May 14, 2012 19:33:52 GMT -5
Interestingly, we can thank a dem administration for glass-steagal going away. " President Clinton signed the bill into law on November 12, 1999, as the Gramm-Leach-Bliley Financial Modernization Act of 1999 (GLBA) after passing the House in a vote of 362-57 and by the Senate in a vote of 90-8."
Talk about not learning the lessons of history..oh and what that one senator said about 'banks owning congress' awhile back.
When it comes to *what they DO* and ignoring the rhetoric, there is precious little diff between the parties when it comes to military & economic issues. Both corrupt as a russian election.. lol
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Post by baldrick on May 15, 2012 9:42:26 GMT -5
Sadly, that's all too true, KK.
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