Bill Clinton was always able to pull off the “I’m just a great guy, looking out for you” persona, which wife Hillary is not nearly as good at doing. And you would think that eight years of experience with Bill and the history that it was not true would be send a clear message. But Clinton supporters, then and now, seem to completely overlook any damage done and any problems caused by either one of the Clintons. In the case of Bill, however, he started the economic ball rolling downhill, and eventually theĀ entire nation will lay in pieces as soon as all the money printing an zero interest rates patchwork no longer works to keep us afloat, just as all of history has proven will come to pass.
Clinton repealed the Glass-Steagall Act in 1999, which for 66 years prevented banks from using insured deposits to take on the risk laden financial activities of Wall Street or to merge with those firms to do so. That helped created the environment for the collapse of Wall Street in 2008.
But Clinton also signed into law the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, which allowed bank holding companies to acquire banks anywhere in the nation, in essence setting up a much vaster opportunity for interstate banking. Then, the Commodity Futures Modernization Act of 2000 allowed trillions of dollars of OTC derivatives on Wall Street to escape regulation, with all three combining as a recipe for financial disaster.
Too big to fail set in motion, page 2:
What happened to the days of monopolies being broken into smaller units. I remember when Ma Bell got divided because it got to if.
Don’t discount the efforts of so called black leaders who pressured the quasi-government lenders to make those loans. People who could not afford to pay, got loans. Execs making the loans made millions in bonuses. Then the taxpayers picked up the losses. Just like with every social experiment, the elite profit, and the citizens pay the bill.
No Hillary was not alright. She has lied for 40 ur ears and hadn’t stopped!!!! She wants you to think she had accomplished so much. She hasn’t accomplished nothing unless she escaped the sniper fire she so called she was under. Search Hillary. You will find she has done nothing good. Bad yes. She stands by her rapist husband. What kind of woman is that??? She’s a liar!! Always has and always will. Research !! There are many books, video. Start with$#%&!@*Morris book and then move on to others if you want the truth about Hillary. She is really a scarey woman.
time to move your money out of the big banks and put it in the credit union they may just save America.from the banking monopoly.
The bank killer
Bill who rap 27 females and got away with it.if killery get in were all doom.
She has never been alright she was involved in water gate and every scandal since
Whitewater anyone?
Pay attention you stupid dems
Also why you pay tax on social security