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Michelle Bachmann continues to bring the crazy!

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posted on Jun, 27 2014 @ 08:56 PM
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originally posted by: AngryCymraeg

originally posted by: MarlinGrace

originally posted by: buster2010

originally posted by: MarlinGrace

originally posted by: UnBreakable
a reply to: AngryCymraeg

But it's Obama's fault. I'm far from an Obama supporter, and he's done nothing to make things better, but Dubya started this whole ME mess and ruined the economy with his taxpayer funded bailouts. Too big to fail, my ass. So much for letting the market driven economy taking care of things.


Obama = $830,000,000,000.00 in stimulus for? This of course is Bushes fault both Sr. & Jr. and if that darn Jeb gets anywhere close to DC, it will be his fault to. Oh and don't forget it was Barbara and Laura running things behind the scenes.

Seeing how the Bush's did their best to destroy the economy yes it is their fault.


So you're saying the Mortgage Back Securities were Bushes fault? Or he just spent too much money while the Democratic 103rd congress controlled the checkbook? Just exactly what would you say was the fault of ole GWB in this regard? This is why I turn a deaf ear to the republicans now, because you can't complain about presidential spending when you control the checkbook. Talk about a false narrative.


Oh come off it. It was a Republican House that pushed for the disastrous repeal of Glass-Steagall which allowed the banks to start playing around with CDSs and the other products that went kablooie. And it was a Republican President (Bush) who allowed more and more deregulation for that invisible hand of the market bull excrement.


From wiki

"Others have argued that the activities linked to the financial crisis were not prohibited (or, in most cases, even regulated) by the Glass–Steagall Act.[13] Commentators, including former President Clinton in 2008 and the American Bankers Association in January 2010, have also argued that the ability of commercial banking firms to acquire securities firms (and of securities firms to convert into bank holding companies) helped mitigate the financial crisis.[14]"

Come off it? A 1933 law:

From wiki

"Starting in the early 1960s federal banking regulators interpreted provisions of the Glass–Steagall Act to permit commercial banks and especially commercial bank affiliates to engage in an expanding list and volume of securities activities.[5] By the time the affiliation restrictions in the Glass–Steagall Act were repealed through the GLBA, many commentators argued Glass–Steagall was already “dead.”[6] Most notably, Citibank’s 1998 affiliation with Salomon Smith Barney, one of the largest US securities firms, was permitted under the Federal Reserve Board’s then existing interpretation of the Glass–Steagall Act.[7] President Bill Clinton publicly declared "the Glass–Steagall law is no longer appropriate."[8]"

Republicans? you sure about that? Nice try




posted on Jun, 27 2014 @ 09:01 PM
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a reply to: howmuch4another

You are exactly right. It is political grandstanding; playing directly to her "base."

"Sound and fury, signifying nothing." Same as it ever was.



 
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