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... On Sun, 31 Jan 2010 08:00:59 -0500, bpuharic wrote: ... and Geithner was his right hand man as President of the New York Federal Reserve Bank. Summers was pushing the deregulation in 1999-2000 along with Rubin and Greenie. Greenspan is the only one who admits it was a mistake. The rest are staying the course. no question that the free market fundamentalist religion has been driving the US economy since reagan. now, finally, even geither has seen that it was all smoke and mirrors NOW if only the GOP will see the same and quit preaching that unregulated free markets make the rich richer so it's good for the middle class In all fairness, the Reagan deregulation was not the problem. It was when the Bush/Clinton/Bust free marketeers took over that they really stripped away any similance of a fair market (free doesn't have to mean unfair) They have tipped the scales so a few rich people run the world but that idea was originally advanced by what the left called "wingnuts". Remember when you were ridiculing those people who warned you about the Bilderburgers and other secret societies? Well they are the bankers who raped the country. Just look at the names that pop up when you investigate these groups. I have never bought into the whole conspiracy theory but there is a thread of truth in it.. What?? Reagan's deregulation was the problem... banks, airlines, media, healthcare industry, etc. -- Nom=de=Plume |
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