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The Senate's passage today of the #BankLobbyistAct with bipartisan support is a disgrace & a slap in the face to all whose lives were devastated by the 2008 financial crisis. This bill further deregulates Wall Street big banks & increases the risk of yet another financial crisis.
Instead of deregulating Wall Street banks that are bigger today than in 2008 when they were 'too big to fail', we should #reinstateGlassSteagal & strengthen oversight and regulations, and hold those responsible accountable for the crimes they committed against the American people
I'd be fine with the changes if we agreed to no more bailouts. They are not too big to fail. Let them fail. Bailout the people, not the banks. Fire all execs SVP and up and claw back all salary and bonuses for three years from each. Skin in the game changes everything.
Iceberg ahead. And a whole lot of pain for a whole lot of people. :(
You know reinstating it will remove Goldman Sachs's competition, don't you wonder why they want it repealed? @TulsiGabbard
thought that catastrophe Dodd/Frank fixed these issues
Who can do that? A Congresswoman? Action this day!
Absolutley, Tulsi!
Hahaha
ATT:TULSI GABBRAD"JAMES W. PAGADUAN". QUOTE-"THE,NUMBER (1)-GLOBALWIDE CORPORATE INVESTOR AN ACCOUNTS OWNER?. THAT,IS INDEED MY MONEYS,AN INVESTMENTS THAT,THE WALL STREET BANKS ARE ILLEGALLY ABUSING?.WHICH,STEMS FROM THE BANK OF HAWAII BRANCH?.7-YEARS,OF $141-BILLION DOLLARS?".pic.twitter.com/L7yvtlpec8
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