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Armstead

(47,803 posts)
3. We are Morons for letting this happen -- And our Politicians are assholes
Wed May 7, 2014, 10:45 AM
May 2014

Many of us on "the left" have seen this coming and trying to warn about it for decades.

It is just common sense that this should have not been allowed to occur. We could have stopped it many times as these Mega Mergers and Acquisitions were going on over the last 40 years. Not just in banking but every sector

But the Weenie Public and the asshole politicians (including "centrist democrats&quot allowed and condoned it. And they told the people warning against it that they were naive and a radical fringe who didn't understand the "real world."

Now we have banks that hold us hostage because they are "too big to fail." And every other industry is lso under the thumb on Monopoly Corporate Empires.

And yet, even though the evidence is in of what disaster this has been, the assholes in DC -- including too many of our fine Democratic leaders -- and too many of us in the general population still allow these Mega Mergers to continue unchallenged.

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And most of this hapened during the Clinton administration Le Taz Hot May 2014 #1
Unfortunately Obama and Dems in Congress haven't changed -- so it is still going on Armstead May 2014 #5
And they've become dumber, dirtier AND more DirkGently May 2014 #2
We are Morons for letting this happen -- And our Politicians are assholes Armstead May 2014 #3
Exactly. It's the people's fault. "We" (not me) and US let it happen. nationalize the fed May 2014 #7
No, WE'RE not morons Enthusiast May 2014 #25
I'll amend that to Ignorant Armstead May 2014 #28
And actually you could add a few more branches to the Bank of America tree...... marmar May 2014 #4
This doesn't even touch what they gobbled up Ichingcarpenter May 2014 #6
You are missing the 2005 acquisition of Cazenove by JP Morgan Chase FarCenter May 2014 #8
E pluribus unum The2ndWheel May 2014 #9
Walk away... homegirl May 2014 #10
That's wht I did many years ago and am glad I did Armstead May 2014 #15
Most definitely lovemydog May 2014 #17
The credit union here charges for checking, Go Vols May 2014 #24
First Interstate was bought by Great Western /nt dickthegrouch May 2014 #11
Nope - Wells Fargo. I was a First Interstate customer at the time. dbackjon May 2014 #18
I looked at my statements before posting to make sure dickthegrouch May 2014 #19
What state are you in? dbackjon May 2014 #30
Apparently I bailed from First Interstate in Oct 1995 dickthegrouch May 2014 #32
Or a condition of the merger dbackjon May 2014 #33
PNC has accululated a few smaller fish along the way Supersedeas May 2014 #12
My PNC bank branch changed names six times either by mergers or buyouts. Efilroft Sul May 2014 #14
One thing that amazed me while all this emergency bank gobbling was going on in the late 00's... Gidney N Cloyd May 2014 #13
Your graphic needs to add Valley National Bank of Arizona dbackjon May 2014 #16
This message was self-deleted by its author guyton May 2014 #20
+1 - And let's look at State Banks erronis May 2014 #26
du rec. xchrom May 2014 #21
National Bank of Detroit (NBD) Indydem May 2014 #22
Chase. ugh. Bought out my Mortgage and upped my house payment. Want to refinance. NEED to. Tuesday Afternoon May 2014 #23
I used to work for one of the 37. MadrasT May 2014 #27
These are oligarchs - nationally and globally. JackRiddler May 2014 #29
The Repeal of Glass-Steagall fredamae May 2014 #31
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