R
rdean
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- Thread starter
- #21
Horseshit.
Wall Street ran a $516 trillion dollar derivatives Ponzi scheme during the Bush administration that destroyed the world economy.
Ah but you miss one critically important part of that problem, Chris.
It was under the reign of Willian Jefferson Clinton, that the decision was made NOT TO REGULATE dereivatives.
So blaming Bush II for that particualr aspect of this failing economy isn't exactly fair, is it?
We would not have a dereivatives problem if WJC et al hadn't prevented the Commodities regulators from doing their job.
Ahhh, finally someone who shows a little bit of common sense.
Rdweeb, Crispy .... and truthdont'matter are all irrational whackjobs. Bill Mayer would be proud of them.
Yea, but it wasn't until Republicans deregulated Wall Street who were then able to take over the mortgage market that this became an issue. Wall Street saw an opening. Paid Republican politicians, the best money can buy, to make was illegal - legal. All neat and tidy. No one going to jail. Billions of money hoarded. Republicans see what they did as a HUGE, HUGE success.
Why are you so happy with something that has damaged the country so? They have a place for people who want to see America brought down. It's called "al Qaeda".