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What you are not getting is the regulations exist and have existed for decadeds, but the regulators are owned by industry. Some say America is an economy based on soft Fascism. That certainly has a ring of truth to it. Crony Capitalism also describes what we have today.

Yes, repeal of Glass-Steagall, which was done by Goldman Sachs and the Clinton administration, holds much of the blame. This is yet another example of industry and government working together to enrich and empower themselves at the expense of most Americans. Dodd-Frank is also an example of industry controlling government. It was proposed by two of the most corrupt politicians in our nation's history...both claimed that Fannie and Freddie were doing great just before they fell, while both were recieving huge sums of campaign dollars from Wall Street.

Regulations imposed by a corrupt government...only further corrupts. This is America today. To Big To Fail is a perfect example of this.

And it does not matter if the POTUS is a D or an R. Both parties are purchased and owned by Wall Street and big corps.

<blockquote data-quote="Gipper" data-source="post: 218864" data-attributes="member: 2419">What you are not getting is the regulations exist and have existed for decadeds, but the regulators are owned by industry.&nbsp; Some say America is an economy based on soft Fascism.&nbsp; That certainly has a ring of truth to it.&nbsp; Crony Capitalism also describes what we have today.Yes, repeal of Glass-Steagall, which was done by Goldman Sachs and the Clinton administration, holds much of the blame.&nbsp; This is yet another example of industry and government working together to enrich and empower themselves at the expense of most Americans.&nbsp; Dodd-Frank is also an example of industry controlling government.&nbsp; It was proposed by two of the most corrupt politicians in our nation&#039;s history...both claimed that Fannie and Freddie were doing great just before they fell, while both were recieving huge sums of campaign dollars from Wall Street.Regulations imposed by a corrupt government...only further corrupts.&nbsp; This is America today.&nbsp; To Big To Fail is a perfect example of this.And it does not matter if the POTUS is a D or an R.&nbsp; Both parties are purchased and owned by Wall Street and big corps.</blockquote>

[QUOTE="Gipper, post: 218864, member: 2419"] What you are not getting is the regulations exist and have existed for decadeds, but the regulators are owned by industry. Some say America is an economy based on soft Fascism. That certainly has a ring of truth to it. Crony Capitalism also describes what we have today. Yes, repeal of Glass-Steagall, which was done by Goldman Sachs and the Clinton administration, holds much of the blame. This is yet another example of industry and government working together to enrich and empower themselves at the expense of most Americans. Dodd-Frank is also an example of industry controlling government. It was proposed by two of the most corrupt politicians in our nation's history...both claimed that Fannie and Freddie were doing great just before they fell, while both were recieving huge sums of campaign dollars from Wall Street. Regulations imposed by a corrupt government...only further corrupts. This is America today. To Big To Fail is a perfect example of this. And it does not matter if the POTUS is a D or an R. Both parties are purchased and owned by Wall Street and big corps. [/QUOTE]

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