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It's not my fault...deregulation made me do it

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posted on Oct, 27 2011 @ 07:30 AM

I know many people think Ronald Reagan was a great president, but in my opinion he took deregulation, started by the Democrats, and brought it to a whole new level. What we're experiencing today in our economy is the direct result of his actions.

Led by muppet look-alike former Senator Phil Gramm, his right-wing brethren on Capitol Hill, and former Clinton Treasury Secretary Bob Rubin and his band of merry Rubinites (the same economic team advising President Barack Obama), this legislation, perhaps more than any other, created a Celebrity Poker atmosphere on Wall Street. The Securities and Exchange Commission, as a result, pretty much became a stop in the revolving door for Wall Streeters left to self-govern.

But what's worse, this seems to be the only area where Republicans and Democrats agree.

Read the article, it might make you might make you cry.

posted on Oct, 27 2011 @ 09:48 AM
It was the Gramm-Leach-Bliley act that revoked the provisions in the Glass-Steagall act which kept investment and commercial banking separate. This is why we had the mad casino culture of CDOs and derivatives that made the financial bubble which popped in 08. Amazingly, our government has done nothing to stop of even mildly revise these activities. That's akin to placing an alcoholic inside a liquor store and hoping he'll sober up.

Good article really. Yes, deregulation has gotten the government off the backs of Corporate America yet the individual in America is under ever more governmental controls. Not only did it bring us the financial bubble but has allowed dangerous drugs on the market and perhaps worst of all for the consolidation of the media in to the hands of only 5 people when at the time of Reagan's inauguration there were well over 500 different owners of TV, radio and newspapers. This is why investigative journalism is long gone on the MSM. Corporations are certainly not going to pay anyone to investigate themselves.

posted on Oct, 27 2011 @ 10:05 AM
(not about the animal deaths)

it's all about the insane oversight and blatant financial agenda of the HUMANS involved !

Make no mistake - this happened because Ohio is one of a handful of states that does not regulate the sale and ownership of exotic animals, and it has been purposefully made that way. Tea Party-sympathiser-cum-Governor John Kasich, upon his election to that office, began his assault on government by letting an executive order expire that had provided actual restrictions concerning who could own and sell these animals in the Buckeye State.

To Kasich, this kind of crazy Hobbesianism would "hurt small business", which presumably includes the particular lunatic who had done jail time for illegal possession of firearms and was cited multiple times for animal abuse - but still had his Animal Farm up and running in Ohio - until he granted his boarders amnesty. Because of the anti-regulation zealots who have taken control of our political culture and institutions, this was the profile of someone still fit to continue to lord over a coterie of dangerous and endangered species, in his own little Jurassic Park.

I wonder if the guy that committed suicide was a "Ritalin Kid" ?

Somebody needs to be prosecuted here ..... yes?

And, can someone explain the big words?

Is Ohio in a "Hobbesian trap" ?

What is this Hobbesian trap?


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