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View Diary: U.S. Filmmaker Laura Poitras Repeatedly Detained at Border: She Has Filmed Three of My NSA Clients (128 comments)

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  •  hmmm (0+ / 0-)
    The repeal of the Glass-Steagall Act in 1999 was one of the evolving steps to the economic melt-down in 2008.
    By William Jefferson somebody or another - help me with this, triangulating third way New Democrat, what the heck was his name?

    That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

    by enhydra lutris on Mon Apr 09, 2012 at 01:14:55 PM PDT

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    •  Read "The Financial Crisis Inquiry Report: (0+ / 0-)

      Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States" by
      Pubic Affairs,545pp. only $14.99 in paperback and worth every penny to cure the ignorance that ails us all about this once and for all.
      It isn't particularly partisan by Greenspan had a big part to play in this and so did Phil Graham. I believe they endorse
      "free market" economics.

      "Inside Job" , a film by Charles Ferguson is a great source of information.

      •  I prefer reading history, and, I was able to (0+ / 0-)

        remember the answer.

        Since you would appear to be ignorant of it, it was Clinton, William Jefferson Clinton, I was trying to remember. He and his hand picked Treasury Secretary, de-regulation Rubin strongly backed the first Leach bill to repeal Glass-Steagall, and all subsequent attempts until they were finally victorious.

        You could've saved $14.99 by just reading the papers at the time, going to a library periodical reading room today, or even using Wikipedia.

        That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

        by enhydra lutris on Tue Apr 10, 2012 at 09:42:36 AM PDT

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        •  The Financial Crisis Inquiry Report" is the most (0+ / 0-)

          comprehensive indictment of the American financial failure that yet been made". It took 2 years to gather the evidence of" the many hundreds of irresponsible and unethical practices by Wall Street bankers" according to Jeff Madrick.It was written by 6 appointed members of Congress.
          There's lots of blame to go around. Banks didn't have to get involved in speculative investments. Greenspan didn't have to project his influence on Congress.

          Its overly simplistic to say that Clinton was chiefly to blame.
          Papers do get updated and corrected.  

          History is great but it isn't contained in just one volume.
          There are many versions of the same story and each one has its value even when it fails to update the subject.
          There are five different biographies of Lincoln in our home.
          All are good but Sandburg's version is a favorite. Lincoln is brought to life with a sense of humor in that one.

    •  People, put some thought into what you write (0+ / 0-)

      Mindless political bashing without real thought behind what you say is so "Fox News". Don't fall into that trap.
      You are on Daily Kos. You can read and think and it wont' cost you thing. In fact , you will be recommended for it.

      •  Take your own advice - it appears that you (1+ / 0-)
        Recommended by:
        BradyB

        need to. Calling a well known truth "Fox News" is, just so "Fox News" that it is absolutely mind boggling.

        That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

        by enhydra lutris on Tue Apr 10, 2012 at 09:37:19 AM PDT

        [ Parent ]

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