If my explanation so far on how the Glass-Steagal forced separation of Retail banking from speculative investing and in doing so protected retail depositors’ money from the bank’s speculative investments blowing up, and the nonexistence of said protections was exactly why the 2008 Crash was so bad and had such widespread effects hence why we can directly trace most of the problems of that Crash to the repealing of said act, then me talking to you is a real life illustration of the pearls to pigs saying.
Your ignorance is 100% willful and there is no point in feeding such trolls.
You don’t even get my point. The inexistece of those protections in 2008 is not Clinton’s fault, unless he created a constitutional ammendment to forbid them or something irreversible. Bush was president for 7 years at that point, and as they say “the buck stops here”. He had 7 years to bring them back and he didn’t. Might as well blame Washington for creating the country.
Ah, yes, the “I don’t trust experts” argument.
If my explanation so far on how the Glass-Steagal forced separation of Retail banking from speculative investing and in doing so protected retail depositors’ money from the bank’s speculative investments blowing up, and the nonexistence of said protections was exactly why the 2008 Crash was so bad and had such widespread effects hence why we can directly trace most of the problems of that Crash to the repealing of said act, then me talking to you is a real life illustration of the pearls to pigs saying.
Your ignorance is 100% willful and there is no point in feeding such trolls.
You don’t even get my point. The inexistece of those protections in 2008 is not Clinton’s fault, unless he created a constitutional ammendment to forbid them or something irreversible. Bush was president for 7 years at that point, and as they say “the buck stops here”. He had 7 years to bring them back and he didn’t. Might as well blame Washington for creating the country.