Quote:
Originally Posted by Boss
You are mistaken.
Back to the thread title.
The GOP has been lying now that they found out that the ACA is liked by 75% of the nation.
Those in the House and running for the House are now claiming they love it.
Do not listen just look at the bill they passed and celebrated in the Rose Garden with Trump.
|
GS had nothing to do with the recession...
GS or GLB wouldnt have done a thing
gs/glb had zero to due with bad loans secured by the government
gs/glb had very liitle to do with the housing bubble, that started in 1995....
yes GS was a stupid thing....but it was BEFORE GS...gs had very little to do with the housing crash, gs had very little to due with "too big to fail"
gs was 1999
they(banks) became 'too big to fail' before the repealing of G-S
1987 chemical bank merged into jp Morgan
1992 manufacturers Hanover and trust into jp Morgan
1996 chase Manhattan into jp Morgan
1993 Banc one into JPMorgan
1995 first Chicago into JPMorgan
1995 ND Bancorp into JPMorgan
1988 fleet into norstar... into bank of America
1990 bank of new England into BOA
1990 Citizens into BOA
1998 travelers into citi
1987 first fidelity into wells Fargo
1996 Meridian Bancorp into wells Fargo
1997 signet into first union into wells Fargo
1988 Barclays into wells Fargo
yes some happened after gs.. but the 'too big to fail' happened before Gs
these BANK mergers all happened BEFORE 2000 and the repealing of glass-stegal (the grammleachy)
the redoing of the mortgage rules....1995 by the HUD chief...henry Cisneros at the direction of Clinton
nafta (and all the other 'free'trade agreements )has cost the USA 40 million jobs since 1994.......certainly not part of GS...
GS had nothing to due with the housing bubble...the bubble/bust was GOVERNMENT CAUSED... banks are NOT going to lend to people that cant pay UNLESS they are DIRECTED to from the GOVERNMENT..
the recession was a perfect storm of liberals outsourcing jobs(nafta etc)...and liberals changing the mortgage rules in 1995
and your title of the thread...is a lie.... GOP does not want to kill ss or medicare..but they SURELY NEED REFORM