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In reply to the discussion: Warren Buffett to give stamp of approval to Hillary Clinton. [View all]Octafish
(55,745 posts)Don't recall him mentioned on the tee vee much.
Here's something not mentioned at all -- how the rich get richer, thanks to Wall Street-on-the-Potomac getting rid of Glass-Steagall:
When the law was no more, the Banksters used the deposits on all sorts of risky investments that crapped out. Then, the taxpayers got to make the Banks whole and even gave the Banksters a bonus.
The repeal of Glass-Steagall in 1999 spelled disaster in the 2008 Bankster Bailout. The Democratic president who signed it into law was working in a spirit of bi-partisanship with his Republican Senate colleague to encourage new areas of banking by deregulating the financial industry cough gutting the New Deal protections of the Wall Street casino from using taxpayer-backed bank deposits.
See if you can spot some familiar names on this list:
They now work together at UBS -- which received uncounted billions in bailout money -- to specialize in some kind of "Weath Management."
Forensic economist and former Fed regulator William K. Black wrote it reminds him of what happened during the Savings and Loans Crisis of the late 80s and early 90s. At the time, that was the greatest bank heist in history.
Some of why DUers and ALL voters should care about Phil Gramm.
The fact the nation's "news media" don't should also be of great concern.
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