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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (76356)12/14/2009 7:23:49 PM
From: mph4 Recommendations  Read Replies (1) | Respond to of 224729
 
By the end of 2010, the unemployment rate will be, if not still in double digits, much higher than the rate that existed when Obama was sworn in.

That's my projection.

The reason is that Obama is really doing nothing to increase jobs and much to deter job creation.



To: Kenneth E. Phillipps who wrote (76356)12/15/2009 8:42:00 AM
From: JakeStraw2 Recommendations  Read Replies (1) | Respond to of 224729
 
President Bill Clinton repealed the Glass-Steagall Act which had prevented the coupling of investment banking and lending. To be exact, on November 12, 1999, President Bill Clinton signed into law the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act of 1933. One of the effects of the repeal is it allowed commercial and investment banks to consolidate.


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