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Baobab

(4,667 posts)
Mon Mar 7, 2016, 09:40 AM Mar 2016

WTO-US - now bound in financial deregulation deals and their conflicts with size limits on banks

Basically, Clinton era rules, which the Obama Administration has been trying to strengthen, PREVENT most of the things which we should be able to do to keep banks in line. Also, they prevent the government from doing things which would reduce their profitability in terms of legislation. This is a big problem because of the way they are also trying to "liberalise" services (which is likely to impact many US wages by opening up big chunks of the services economy to foreign firm competition.)

Lots of families won't have incomes due to job losses in the shakeup so large numbers of foreclosures are inevitable.

https://www.citizen.org/documents/memo-gats-conflict-with-bank-size-limits-may-10-2011.pdf

https://www.citizen.org/documents/WTO%20Financial%20Services%20Debate.pdf

https://www.citizen.org/documents/public-citizen-comments-on-international-services-agreement.pdf

https://www.citizen.org/documents/DohaFactSheetOct2009.pdf

https://www.citizen.org/documents/StiglitzCommissionHighlights.pdf

https://www.citizen.org/documents/Memo%20-%20Unanswered%20questions%20memo%20for%20Geneva.pdf

http://www.citizen.org/documents/report-prudential-measures.pdf

http://www.citizen.org/documents/MemoonCapitalControls.pdf

https://www.citizen.org/documents/wto-public-forum-summary-sept2011.pdf

http://www.citizen.org/documents/Memo_to_Senate_Finance_on_GATS_Regulation.pdf

http://www.citizen.org/documents/presentation-notes-cornford-wto-forum-2012.pdf

https://www.citizen.org/documents/WTOFinancialDereg_Amb.Punke.pdf

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