10 Year Anniversary: Who Warned Us About Deregulating Banks?

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[jvoldal]

Bill Moyers is now taking up this issue, hopefully bringing a national spotlight to it.

Hats off to Young Turks for covering it first.

[bigcheesy95]

"Permit me to issue and control the money of the nation and I care not who makes its laws." — Mayer Amsched Rothchild

"Nobody seems to notice, nobody seems to care...." — George carlin

[przem23]

4:22 Oh hahahaho, this is gonna be great,..we're gonna make so much money from this

[Adnihilo]

@tryptala Were not talking about average consumers leaving there relatively small deposits in banks. It's about the risk taking and gambling going on in the financial industry from fraudulent activities of huge investors like hedge fund managers that were allowed by 2 acts of deregulation.

[Adnihilo]

@tryptala Listen up, I could debate your logical fallacies above here, but not in this forum for pithy comments not allowing detailed explanations. Letting banks merge with investment houses and insurance companies is exactly what allowed them to become 'to big too fail'..

[Adnihilo]

@tryptala What's with all the weak analogies? Talk about this issues, rather than speaking in metaphors..

[Adnihilo]

@tryptala Too bad you merely ignore the facts, logical constructs and rational conclusions I provided in debating a Paulite like yourself. Making weak analogies attacking the 'forum' itself doesn't support any of your arguments here..

[Adnihilo]

@tryptala It's the comments I was talking about in the Alternet article where I was debating a 'libertarian right' commenter like yourself about derivatives, deregulation and the 2008 crash. Like I've said you need to go to a 'normal' forum because this is just for short pithy comments where nothing can be discussed in detail.

[Adnihilo]

@tryptala So what. He's not telling people to go out and vote for him. Please enlighten us all as to how Ron Paul's republican economic right agenda differs significantly from any other republican economic right agenda, besides being even more to the economic right than your average run of the mill republicans..

[Adnihilo]

@tryptala You posted your false or weak analogy in 'fire' after I made that above post you're responding to. Besides, the 'fire' that created the situation causing the economic crash was the elimination or deregulation of the entire banking industry from 2 deregulation acts in 1999 and 2000.