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truedelphi

(32,324 posts)
4. An awful lot of dirty little secrets come out once you grasp this notion.
Mon Feb 25, 2013, 11:32 PM
Feb 2013

You have Bill Clinton signing off on the odious Phil Graham sponsored "Bank Modernization and Reform Act," late in the final days of his Administration.

Inside the pages of that bill, Glass Steagall was basically eliminated, with the end result being that a total collapse of the economy occurred some eight or so years later. And with that collapse, the Middle Class is floundering also. (OF course, Clinton might say it all depends on just who you are referring to as "Middle Class." There are now an awful lot of people calling themselves that who make above 200K each year. But of course, for most of the 99%, we don't make anywhere near that amount.)

Now in the old days, when a politician pulled off something like that, they would go to the park near the underground subway and get a big bag of cash. Nowadays, it is more likely the politician gets a deal to receive some $ 100,000 per every speech he offers up in front of a Corporate Podium.

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