Showing posts with label Banking Reform. Show all posts
Showing posts with label Banking Reform. Show all posts

Thursday, April 7, 2016

This is why the economy collapsed

A recent poll showed that 87% of banking executives think the collapse of the economy in 2008 was the fault of the poorest 50% of Americans--who combined hold 1% of America's assets.  The sheer idiocy of their belief is beyond comprehension for mere mortals.

Much as we all found out in the aftermath of the Great Recession. a combination of ignorance and arrogance is lethal for the economic interests of ordinary Americans.

And it's yet another reason that one of the first priorities of either Hillary Clinton or Bernie Sanders needs to be the break up of the Big Banks.

Peace,
emaycee

Thursday, August 15, 2013

And a one way ticket, too

Seems Rep. Tom McClintock (R-CA) doesn't  believe the gross malpractice practiced by the financial industry that wrecked our economy and caused The Great Recession constitutes a crime because it didn't involve a gun.  It's also why he doesn't support a new Glass-Steagall Act or any further regulations on big banks.

I wonder if it would be posssible for someone to kick McClintock's ignorant ass all the way back to Idiotsville.

Shouldn't be a crime--no gun!

Peace,
emaycee