Msg. 06120 of 54959 (This msg. is a reply to
06119 by
Cactus Flower)
Jump:
Let's wring our hands and pretend that new leadership will emerge to pass effective laws and regulations to rescue us. Playing make-believe is a lot of fun.
But for sure we do need to replace the folks running the financial system. The whole thing needs to be redone and the last thing we need is folks from Wall Street paying politicians to carve out their exceptions.
The end of Glass-Steagall was the beginning of the end for the global economy.
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