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Politics : Formerly About Advanced Micro Devices
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To: RetiredNow who wrote (1112517)1/22/2019 4:16:28 PM
From: Tenchusatsu  Read Replies (1) of 1573081
 
Mindmeld,
I looked up Ocasio's main positions to see how ludicrous they are and actually agreed with a few of them, much to my surprise.
I'd trust her positions more if she had any clue as to the details. For example:
Bring back Glass-Steagall
I guarantee you that Alexandria Occasional-Cortex only supports this because "big banks bad, rich white bankers bad." She has no idea what Glass-Steagall was supposed to do in the first place, but then again, most people don't.

The basic cause of the past two recessions were burst bubbles. There is no proof that Glass-Steagall would have prevented the real estate bubble from inflating and bursting. Investors would have found other ways to inflate the bubble.

Tenchusatsu
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