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You already did, while simultaneously cheerleading for the ideologues.
How is that helpful?
LOL, you are mistaken who the idealogues are.
Did you see that Tim Kaine is behind removing the regulations? Did you vote for him?
Unless we are willing to admit that the problem is NOT a partisan one, nothing is ever going to change. Dodd/Frank could be named "The big bank protection act".
The repeal of Glass-Steagall took 12 attempts over 25 years & much lobbying (some lobbyists claimed sending their kids to college on lobbying for its demise).
One potential remedy by Senator Warren:
Cosponsor, Date Cosponsored
Sen. McCain, John [R-AZ]* 07/07/2015
Sen. King, Angus S., Jr. [I-ME]* 07/07/2015
Sen. Cantwell, Maria [D-WA]* 07/07/2015
Sen. Sanders, Bernard [I-VT] 07/16/2015
Sen. Baldwin, Tammy [D-WI] 08/04/2015
Sen. Whitehouse, Sheldon [D-RI] 09/09/2015
Sen. Mikulski, Barbara A. [D-MD] 01/11/2016
Sen. Markey, Edward J. [D-MA] 05/09/2016
Sen. Merkley, Jeff [D-OR]
For the recent history buffs, Senator McCain was one of the 'Keating Five' from late 80s - early 90s S & L scandals.
The big banks are at it again...dropping millions on lobbying Congress in an effort to go right back to the same greedy practices that got their asses in trouble in the first place. They never learn. Apparently, neither does Congress.
And of course, they’re using the excuse that the regulations are hurting “small banks,” as if we’re supposed to believe that all of this million dollar lobbying to end the regulations is coming from Grandpa’s Bank and Trust on Main Street in Hayseed, Iowa.
Of course, many fools will buy that nonsense. This lobbying effort is on behalf of the big bankers, and anyone with half a brain knows it.
And why hasn't the populist-in-chief Donald J. Trump taken a stand against these political elites? Instead of fighting them, he has gone along with them for the ride.
DUH. He's the most corrupt president we've had in modern times. HE needs the banks and the lobbyiest money. His fan base seems to think he's like them, who he has proven he could give a rat's a$$ about and yet he's the tribes leader. LOL
DUH. He's the most corrupt president we've had in modern times. HE needs the banks and the lobbyiest money. His fan base seems to think he's like them, who he has proven he could give a rat's a$$ about and yet he's the tribes leader. LOL
Remember - it took Watergate 2 years.
Are you saying that taking the money of the big banks should get you thrown out? If so, I do not disagree.
Banks weren't the problem that caused the 2008 financial crisis, Fed Gov interference in the housing/mortgage markets was.
Always follow the money...
$2 trillion in QE was created to bail out Fannie and Freddie. The Federal Reserve STILL has $1.77 trillion worth of Fannie and Freddie MBS on its H.4.1.
They'll roll off as they mature, paid or not. Meanwhile, the US$ was devalued by that $2 trillion in QE that can't be reined back in.
Yes, the cause was indeed the Fed Gov forcing lenders to give mortgages to people who never should have qualified, and then forcing Fannie and Freddie to buy the mortgages, securitize them, and sell them as investments (MBS) to foreign governments and worldwide financial institutions and investors. The Federal Reserve then had to buy $2 trillion worth of those Fannie and Freddie MBS to prevent the credit crisis from precipitating a full-blown global crash. But they did so with CREATED money. QE. Not money that actually existed. And it can never be reversed, still having a $1.77 trillion outstanding debt obligation 10 years later.
They will simply say the peasants deserve to be screwed over by big banks. The free market evangelists believe the Wealthy are Holy.
Yup. It's one of their 'deeply held religious beliefs'.
Blankfein Says He’s Just Doing ‘God’s Work’
BY DEALBOOK NOVEMBER 9, 2009 5:27 AM November 9, 2009 5:27 am
The chief executive of Goldman Sachs, which has attracted widespread media attention over the size of its staff bonuses, says he believes banks serve a social purpose and are “doing God’s work.”
The repeal of Glass-Steagall took 12 attempts over 25 years & much lobbying (some lobbyists claimed sending their kids to college on lobbying for its demise).
One potential remedy by Senator Warren:
Cosponsor, Date Cosponsored
Sen. McCain, John [R-AZ]* 07/07/2015
Sen. King, Angus S., Jr. [I-ME]* 07/07/2015
Sen. Cantwell, Maria [D-WA]* 07/07/2015
Sen. Sanders, Bernard [I-VT] 07/16/2015
Sen. Baldwin, Tammy [D-WI] 08/04/2015
Sen. Whitehouse, Sheldon [D-RI] 09/09/2015
Sen. Mikulski, Barbara A. [D-MD] 01/11/2016
Sen. Markey, Edward J. [D-MA] 05/09/2016
Sen. Merkley, Jeff [D-OR]
For the recent history buffs, Senator McCain was one of the 'Keating Five' from late 80s - early 90s S & L scandals.
You left out those sacks of ****, Barney Frank, Chris Dodd and Phil Gramm. (from both parties)
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