2 ms·
It seems like there is persuasive evidence that if the Glass Steagall act were NOT repealed, this wouldn't have happened - or not as badly. http://en.wikipedia
by ahoyhere 17y ago
It seems like there is persuasive evidence that if the Glass Steagall act were NOT repealed, this wouldn't have happened - or not as badly.
http://en.wikipedia.org/wiki/Glass–Steagall_Act http://en.wikipedia.org/wiki/Glass–Steagall_Act
A lot of the gutting of regulatory agencies began at the end of Clinton's reign, and Bush hurried it along as much as possible.
The past 12 years have been one long thread of cutting regulatory agencies off at the knees with low funding, figurehead leaders, the repealing of valuable and important regulatory laws.