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On 02/21/2011 02:12 PM, dxAce wrote:
The GREED of Wall Street (Big Business) brought you the Great Recession that we are in. Nah, it was the likes of Barney (give it to me in the ass) Frank. Not true. It was actually a handful of people at a handful of institutions making greedy (and stupid) decisions. 2 acts of Congress, criminal behavior by Moody's and S&P and some below the radar "waivers" created a derivatives bubble. Barney Frank just provided the bubble material. Phil Gramm, Alan Greenspan, Clinton, Geightner, etc. all went crazy reversing the laws Roosevelt put in place. This is what happens when business is deregulated. These people crashed the economy on purpose so they could destroy the New Deal. We paid off AIG 100 cents to the dollar. Pension plans took a hit. People were wiped out. The whole time, rich people have been having their taxes cut. This is wrong. This is how revolts get started. |
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