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Response to beastie boy (Reply #48)

Sat Jun 11, 2016, 03:12 PM

52. Excuse Me? "rather than educate yourself on the subject, isn't it? "

I've lived through NAFTA and Hillary first attempt here on DU 10+ years ago and you signed up in 2016 and know more than I do!? BTW still havn't recovered from NAFTA but I'm sure you have a reason for why it's not the Clinton's fault.

Huh, that's just fucking amazing!

"What it turned into under Bush is a whole different matter and does not reflect on the Clintons in any event."




https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_Legislation

In the 1960s the Office of the Comptroller of the Currency issued aggressive interpretations of Glass–Steagall to permit national banks to engage in certain securities activities. Although most of these interpretations were overturned by court decisions, by the late 1970s bank regulators began issuing Glass–Steagall interpretations that were upheld by courts and that permitted banks and their affiliates to engage in an increasing variety and amount of securities activities. Starting in the 1960s banks and non-banks developed financial products that blurred the distinction between banking and securities products, as they increasingly competed with each other.

Separately, starting in the 1980s Congress debated bills to repeal Glass–Steagall's affiliation provisions (Sections 20 and 32). In 1999 Congress passed the Gramm–Leach–Bliley Act to repeal them. Eight days later, President Bill Clinton signed it into law.


Oh wait but you missed the part where the Thirdway adopts rightwing economic policies so yea, rightwing conservative economic policies = good for a Hillary supporter.

This must be your most favorite movie ever! http://www.imdb.com/title/tt1596363/

As the article says, and you've just confirmed it.

Got it.

Sell it baby!



PS. I know the difference between Liberal and Conservative in context Captain Obvious.

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