Rachel Maddow Show: Deregulation for Dummies

http://videocafe.crooksandliars.com/heather/rachel-maddow-show-deregulation-d...

Category:

News & Politics

Tags:

• Rachel
• Maddow
• Show
• Deregulation
• Gramm-Leach-Bliley
• David
• Cay
• Johnston
• AIG
• Wall
• Street
• Commodity
• Futures
• Modernization
• Act

[Sinistertino]

I love Rachel ... I could watch her talk alll day

[Ender1zero1]

Bill Clinton didn't repeal The Glass-Steagall Act of 1933 signing the Gramm-Leach-Bliley Act into Law in 1999 repealed the part The Glass-Steagall Act that prohibited Banks from owning other financial companies. BTW in 1999 the House and Senate were Republican controlled

[chokkan7]

@optionsupdate,

In the US, we're basically trained to respond viscerally whenever we hear the truth, which explains why you probably hated Rachel. She is a very intelligent, hardworking sort who uses her gifts to help the rest of us see what's going on under our noses - if she'd applied her gifts simply to her own enrichment, she'd have been far better off economically. Needless to say, I admire her greatly.

[dchris1990]

@qwertypoiu4321 again, its pretty obvious, that both of us only hear what we want to hear... but i personally blame deregulation of investment banks for the dumb, short sighted, institutional malpractice that led to the housing bubble, not the govt action that was made to keep commercial banks, and GM (which incidentally, is doing better than Toyota right now) from folding.

[qwertypoiu4321]

@dchris1990 Did the small Enron blip cause an economic contraction, Darwin? The allowance of WorldCom and Enron to pretend they were fine--just like Socialist Security--was the coercive federal reserve inflation bubble of the 1990s. Coercion has caused every economic contraction in US history, not a lack of coercion.

[dchris1990]

@qwertypoiu4321 thats faulty logic. so when Enron was greedy, and lied to the public, the problem was not greed, but regulation? Really? Man so the real villains are not Enron, are the bankers who tampered with information or did insider trading to hide their company's weaknesses, but the big bad government bullies? Really? You guys are so dogmatic, you can never once admit that regulation may be a good thing de vez en cuando

[qwertypoiu4321]

@dchris1990 Coercion has caused every single economic contraction in US, not a lack of coercion.

[dchris1990]

@qwertypoiu4321 um... i dont think Beck is a socialist? and i think ur just flinging that word as an insult, without making sure that you're hitting the right targets

[optionsupdate]

I used to hate Maddow, but now I can see she is telling the truth about wall street.

[optionsupdate]

who did not vote for this gramm leach biley act?

[qwertypoiu4321]

@dchris1990 Maddow and Beck are socialists. The economic contraction happened because of coercion, not a lack of coercion.