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On Mar 21, 9:28*pm, "Calif Bill" wrote:
"wf3h" wrote in message they have been running it for the last 8 years. what planet did you just come from? They been running it longer than 8 years. *Was under Clinton's watch where the worst thing happened, and it was Clinton's Sec of treasury that promoted it. *Repeal of Glass-Steagall act. *Same Mr. Rubin who put Citigroup in such peril.- it was a republican congress, after they impeached him, and he was weakened, that passed the 'plunder the middle class' bill. it was phil gramm, whose wife was a high executive for enron (which reated the middle class like the visigoths treated rome) that introduced the fairy tale allowing credit default swaps to exist unregulated. this was after the GOP for 30 years passed tax reduction after tax reduction for the ultra wealthy and passed the bill to the middle class. as the nobel prize winning economist paul krugman pointed it, it's as if for every year of the last 30, every middle class family sent a check for $10,000 to the richest 0.1% of americans. |
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