Quote:Its shameful really. Most of the massive financial institutions that the left rails against were merged with the direct approval of the Clinton treasury department. Jamie dimon (the guy who basically invented the credit default swap) is still a major Hillary donor. Jeff immelt who helped sink ge with their cds involvement was on obamas jobs council. Fannie Mae (another failure from the Roosevelt coalition) was run into the abyss by the former head of the Clinton OMB.


The morale hazard of incest between big banks and the politicians they buy coupled with the inherent economic illiteracy of the central pricing of risk caused 08.

So what's the republican solution?


Look, there's no doubt that Clinton lauded the boom of the nineties and he signed the laws that have created this mess. But these laws have the finger prints of the Heritage foundation all over them. These laws were passed by a republican congress for crying out loud. True democrats voted against it... Clinton obviously isn't a true democrat, he's a moderate corporate republican.


True democrats like Bernie Sanders have been trying to get enough attention to reign in wall street and corporate corruption along with the oligarchy that is destroying the middle class.


What have the republicans, any of them, offered up? They want continued deregulation and continued free trade. They have no answers than more of the same.


The real shameful part is that we all see the problem, and we wound up with a billionaire that has no intention of changing the system that made him wealthy and an establishment politician that is giving lip service but probably will maintain the status quo.


Progressive democrats are the only ones that speak about this issue and offer alternatives. Unless you know of any republicans... do you?

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