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ABA Conference in Chicago, Day 2

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Uploaded by on Oct 27, 2009

Dean Baker, co-director of the Center for Economic and Policy Research, and Rob Johnson, former chief economist, US Senate Banking Committee, discuss bailouts made to "too big to fail" companies.

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  • If all those people lined up at their favorite bank and closed a;; there accounts we would shut down the banks and the government.

  • Restore Glass Steagall.

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  • So, what's happening, is they are taking the bailout money we gave them and they lend it to the government to pay for the bail out,,, and then they charge the government interest. The government is the worse loan shark in history.

  • Oct-29th - 9 more Banks Failed out west, and the bigger Banks are taking over !

  • If this Chicago mortgage march/bank protest had been widely publicized, there would have been 3 million angry people in the streets of a city that has only 40,000 police officers. The tension is building every day Obama and his Goldman Sachs staffers ignore our anger. Let's meet again in Obama's nice centrally located city, and invite a few more of the 75 million victims. May Day would be a beautiful day for a 60's style protest. Are you hearing me?

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  • god bless america......

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