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... On Sat, 3 Apr 2010 18:04:29 -0700, "nom=de=plume" wrote: ... with the support of Greenspan, Summers, Rubin and Gethner who worked directly for Clinton.. And, I think it was a major mistake on all their part to remove the regs. Now we see the result. Unfortunately I have not seen the current administration trying to fix the problems either. Elizabeth Warren was on TV the other day saying we are not going to see any effective legislation as long as the bank lobbyists are outnumbering congress about 5 to one and they show up with buckets of bribe money. I think they're trying. Geitner isn't so bad. If you can, read the article about him in the Atlantic. It's an eye-opener, and it puts what he and the Fed are doing in perspective. Elizabeth Warren is really sharp. She's right... as long as the lobbying money is there, it'll be difficult to get the Congress creatures to actually do something. -- Nom=de=Plume |
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