FDR didn’t just pull us out of the Depression. He fundamentally altered economic/banking/political rules so it wouldn’t happen again. Several decades ago we started dismantling some of the very protections that FDR created, so crony capitalists could party more. And here we are.
-
-
Ah Thank you. Ma'am.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Banking laws changed big time in 1990s. I was a huge Clinton supporter and then he let it happen when he could have stopped it. My father a small town banker, predicted the crash before he died in 2001.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Please!!! Break time!
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
And Clinton continued the deregulations.
-
Yes – the repeal of Glass-Steagall under Clinton and Rubin was extremely detrimentalhttps://gabbard.house.gov/news/press-releases/rep-tulsi-gabbard-lawmakers-call-reinstatement-glass-steagall …
End of conversation
New conversation -
-
-
The Glass-Steagall Act is a 1933 law that separated investment banking from retail banking. Investment banks organized the initial sales of stocks, called an initial public offering. It was during the Clinton administration the law was revoked. The 2008 recession resulted.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Lets not forget the free trade under clinton that let corps undermine the rest of those rules. "Don't want to follow our standards? Use the rest of the world as your playground!"
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Carter played a role too, that often gets forgotten because he at least had the decency to try to atone once he left office.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
that's when it all began huh?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
It all began long before President Reagan was even born. You need a good history lesson.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.