Quote:
Originally Posted by Rigged
Actually its funny you mention that, I wrote a major paper in graduate school on the Glass-Steagall act. It wasn't published, for a few reasons that wouldn't surprise you, I predicted that something like this would happen. Of course nothing close to the subprime crash, even some years ago now the data was moving that way. I didn't want to be a snob before but I graduated from Emory and one of my professors there was on a committee 10 years ago when they looked at repealing the act. He advised against it. But all the toity Harvard, AIE, and Brookings assholes got on board and in bed with the devil. So it is written so it is done...
Its really a fucken shame.
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Yay, my hunch was right.....

lol
Yea it was a real shame...... All the genius got together & fixed everything for us........
I have posted on it before but no one responded so I just let it go.... & it being clinton1 was prob asking a lot= to accept that he may have done something that caused/ greatly contributed to this........
I feel sorry for all the ppl that are losing their house........ I wish that we had a way that many more of them could keep their house/ their dream........ There was never any real danger of the big boys loosing out here....... It's always the little guy that gets it in the end.....