As Bernie Sanders rises, attacks from the right get ugly

[RoccoR5955]

112. It is a fact that the repeal of Glass-Steagal did cause the banking crisis of 2007

To quote a hedge fund manager, James Rickards:
"The oldest propaganda technique is to repeat a lie emphatically and often until it is taken for the truth. Something like this is going on now with regard to banks and the financial crisis. The big bank boosters and analysts who should know better are repeating the falsehood that repeal of Glass-Steagall had nothing to do with the Panic of 2008.

"In fact, the financial crisis might not have happened at all but for the 1999 repeal of the Glass-Steagall law that separated commercial and investment banking for seven decades. If there is any hope of avoiding another meltdown, it's critical to understand why Glass-Steagall repeal helped to cause the crisis. Without a return to something like Glass-Steagall, another greater catastrophe is just a matter of time."

Here's a link to the entire article: http://www.usnews.com/opinion/blogs/economic-intelligence/2012/08/27/repeal-of-glass-steagall-caused-the-financial-crisis

I am loyal to WE THE PEOPLE, not them, the corporations, regardless of Party affiliation. AFAIC, Clinton was one of the best Republican presidents ever.