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Loki

(3,830 posts)

27. Sounds like you would have preferred the banks fail and take our entire economy down with it.

Reply to DhhD (Reply #26)

Mon Apr 18, 2016, 10:23 PM

Apr 2016

We once had depositors money protected by regulations that kept the banks from using deposits for investments that carried large amounts of risk, but made them money. We don't have that anymore thanks to the likes of Ronnie Reagan and Alan Greenspan. The housing bubble would never burst lala land, CDSwaps and betting against high risk (supposedly triple A rated) mortgage backed securities like they were in Vegas. Collateral loans are so old fashioned

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Highlight:

Bernie Sanders on How To Break Up The Big Banks (CNN today 4/18/2016) [View all] Lodestar Apr 2016 OP

YAY BERNIE!!! We trust that you will do just this! ViseGrip Apr 2016 #1

BAM! me b zola Apr 2016 #2

'I�ll go to the big banks, I�ll sit them down and yada yada yada, they�ll be broken up' nt onehandle Apr 2016 #3

awww an SNL skit! Cute. retrowire Apr 2016 #6

Pretty much what zentrum Apr 2016 #8

And Hilliary stopped the financial crisis when she was a Senator from NY Perogie Apr 2016 #13

'The mechanism currently exists. elleng Apr 2016 #4

Now for Bill Clinton he would just shoot the Wall St INdemo Apr 2016 #5

Sanders doesn't even understand the basic issue. stopbush Apr 2016 #7

Oh, thank you ejbr Apr 2016 #10

I am providing Barney Frank's explanation as he presented it on the Chris Hayes Show stopbush Apr 2016 #11

He's also presently ejbr Apr 2016 #12

Do you like to use the word "whore" when describing Democrats? Loki Apr 2016 #16

Really? ejbr Apr 2016 #30

When you lie down with dogs, Loki Apr 2016 #32

Nothing else? ejbr Apr 2016 #33

Yeah right, you're the expert. Loki Apr 2016 #34

What has that got to do with the Dodd-Frank legislation? stopbush Apr 2016 #19

Many are trusting Bernie because Dodd-Frank Act is simply not enough to safeguard you and me against DhhD Apr 2016 #22

It's simple ejbr Apr 2016 #31

Your proof for that slur against a man who has been stopbush Apr 2016 #35

Yes ejbr Apr 2016 #36

News flash: some coincidences are just that. stopbush Apr 2016 #37

projected cluelessness alrighty stupidicus Apr 2016 #18

Please Reply #22. Thank you. no text DhhD Apr 2016 #23

Thank you. Loki Apr 2016 #14

That giant sucking sound removing regulation for Wall Street Banks-Parts of Dodd-Frank were removed. DhhD Apr 2016 #24

Kicked and recommended! Yay, Bernie! Enthusiast Apr 2016 #9

An obvious question: what part(s) of Dodd Frank allow POTUS to step in and beastie boy Apr 2016 #15

He says there's a way to "create wealth without Wall Street." What the heck does he mean? pnwmom Apr 2016 #17

fair trade deals, more employment, etc... nt retrowire Apr 2016 #20

Banks do not need money to create loans. Please scroll down and there are numerous pages. DhhD Apr 2016 #21

But the American Taxpayers had to bail them out with REAL Money. What a fabulous deal for them. DhhD Apr 2016 #26

Sounds like you would have preferred the banks fail and take our entire economy down with it. Loki Apr 2016 #27

And the taxpayers were paid back with real money. n/t pnwmom Apr 2016 #28

K & R DhhD Apr 2016 #25

K&R DianaForRussFeingold Apr 2016 #29