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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (590)	9/10/2014 3:20:55 PM
From: ggersh	Read Replies (1) \| Respond to of 1504

Obama then goes and takes advice from Summers/Rubin, his presidency was comprised from the gitgo. “By the time the Glass-Steagall Act was repealed in 1999, the $300 million lobbying effort that drove deregulation was more about facilitating mergers than creating an efficient regulatory framework,” Mr. Obama said in a speech on the economy at Cooper Union in New York in March 2008. “Instead of establishing a 21st century regulatory framework, we simply dismantled the old one,” thereby encouraging “a winner take all, anything goes environment that helped foster devastating dislocations in our economy.”