Rachel Maddow Show: Somebody Saw It Coming-Byron Dorgan
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Obama's got his finger in the dyke. Maybe he needs to pull it out, and let the sheep have the big business loving GOP figurehead that they crave. The whole shithouse will explode eventually regardless.
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Gee it's almost as if this could have been planned. But that could only happen if our government has been taken over by criminals.
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One honest politician in a pit of snakes. Remove the corruption of the system at its core and we will get the Gov't we deserve
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Austrian economists like Mises Rothbard Paul and Schiff have seen this coming as far back as the New Deal.
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Ball-less Clinton signed the repeal just like he signed Nafta/gatt china trade agreement. Clinton's daughter married into Goldman Sachs and Obama's campaign received funding from them - later he bailed them out. Goldman later reported a profit - didn't really need a bailout.
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@btownhotties Ignorance and greed is out to destroy America, whether Dem or Repube.
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You are the one with ZERO 'facts'. There was ZERO de-regulation. GLB just shifted the regulating powers from GS to the Federal Reserve as the main regulator, overseeing all Financial Services Holding Companies. And the CFMA just reaffirmed the authority and jurisdiction of the CFTC to investigate, regulate and close down firms. And Bush had exactely ZERO deregulations.
If you know of ANY de-regulation, go ahead and enlighten us. But Coercion caused the economic contraction.
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@qwertypoiu4321 too bad the facts don't back up the spin you foolishly believe.
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The US Federal State caused the economic contraction by coercion(violent regulation and inflation).
Fannie/Freddie/The Fed/HUD/CRA/State coercion caused the economic contraction, not Gramm-Leach-Bliley.
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kinda funny they know it was wrong and yet they did nothing to fix it before it happen. unless we fix is now it will happen again
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I agree completely. I swear Republicans are out to destroy America.
btownhotties 2 years ago 22
Anyone who didn't see this coming at least since 1982 had better have been in a coma. When you stop producing finished goods from raw materials you stop producing wealth in the best manner possible and become very vulnerable to the whims of others.....like we are.
Plutonwolf 2 years ago 16