Tag Archives: Glass-Steagall

America Today Is A WINNER-TAKE-ALL Society! Once Again The Spin Doctors Caused Congress To Dump Glass-Steagall So Wall Street Could Gamble & Fail. When TOO-BIG-TO FAILS Do Fail, Our Government Has No Choice But To Bail Them Out. SOLUTION: 1-End Lobbying, 2-Break Up Too-Big-To-Fails (Trust Busting), 3-Defeat All Deregulation Politicians AKA Republicans: Do You Understand That’s Why We Got This Economic Crisis – We Allowed Capitalists Free Reign! Is Anybody Awake!

CALLER: I do not understand why you did not include the fact that UBS was fined $780 million by this administration. Surely, you do not want to have people vote Republican or for a third party, which will only enable the Republicans to get elected. I am appalled, frankly, at your last segment, which did nothing, I don’t think, in fairness to this administration…

BILL MOYERS: We like to hear from all of our viewers. But I’m afraid she misses the point. It’s not our role as journalists to help elect the candidate you like, or defeat the one you don’t like. Our job is to help you see what you may have missed. There’s always more than meets the eye. So keep that in mind throughout this election year. We’ll leave the horserace mostly to others – while we do our best to throw some light on what’s really at stake. Continue reading

Posted in Bush, class+war, compromise, deregulation, disaster+capitalism, GOP, hypocrisy, knowledge+is+power, Obama, outsourcing, political+ping+pong, Politics, socialism4richcapitalism4poor, sophistry, takebackamerica, warpeace | Tagged , , , | Leave a comment

GLASS-STEAGALL & VOLCKER RULE: Do You Know What They Are & How They Work? No? Then You Need To Know! How Corporate White Collar Criminals Convinced Washington To DEREGULATE (Undo Regulations Instituted After Great Depression 1929)! That’s Why Bush Economic Crisis Was Facilitated To Thrive & Fester! OCCUPY WALL STREET/OCCUPY S.E.C. Neither Dead, Nor Dying!

ALEXIS GOLDSTEIN: So one that really concerns us is a blanket exemption for what’s called repurchase agreements, or “repos” for short. And the way I always try to explain that is, that’s like going to the pawn shop and selling your gold watch, and they give you maybe 75 bucks, and then a few weeks later maybe you go and buy it back. Continue reading

Posted in Bush, class+war, compromise, deregulation, disaster+capitalism, GOP, hypocrisy, knowledge+is+power, Obama, political+ping+pong, Politics, socialism4richcapitalism4poor, sophistry, takebackamerica | Tagged , , , , | 1 Comment