"There's no other industry where you could get paid so much for doing so little." - ex-trader for Lehman Brothers on the financial industry.
We don't agree these financial types do very little. They used to do very little back when banks made loans and kept peoples money safe. They used to do very little when our economy was strong, our manufacturing base solid and our middle class robust. But then deregulation, that cornerstone of GOP public policy kicked in, and the industry proceeded to loot and hollow out our economy. Now they do quite a bit and most all of it for themselves.
Clinton played that deregulation game too
ReplyDeleteOld Joe - that's true. But at least he admits signing Phil Grahams garbage was a mistake. The GOP has no such regrets. Deregulation is a cornerstone of Republican party public policy. And we all live the horrific results.
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