General Discussion
In reply to the discussion: WTF? China, Mexico and India??? [View all]Urchin
(248 posts)It's not just the republicans that are doing this to us.
"In 1999, Democrats led by President Bill Clinton and Republicans led by Sen. Phil Gramm joined forces to repeal Glass-Steagall at the behest of the big banks. What happened over the next eight years was an almost exact replay of the Roaring Twenties. Once again, banks originated fraudulent loans and once again they sold them to their customers in the form of securities. The bubble peaked in 2007 and collapsed in 2008. The hard-earned knowledge of 1933 had been lost in the arrogance of 1999." http://www.usnews.com/opinion/blogs/economic-intelligence/2012/08/27/repeal-of-glass-steagall-caused-the-financial-crisis
And who signed NAFTA into law?
If you don't realize that elements of both major parties have been screwing us, then you are part of the problem.