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  1. #9
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    Quote Originally Posted by OUTLAW 09 View Post
    Azor..regardless of what you think the whole problem of the so called common man voting for Trump is traceable back to the total crash of the real estate market in 2006 which if one checks it out was triggered by the repeal of the Glass Siegel Banking requirements pushed by Bush and his privatization merry band.....

    Rural America and middle American suffered badly at the hands of the banks and real estate brokers....and it destroyed a vast amount of middle class wealth that has never been recovered.....AND no one went to jail.

    Check again why no one went to jail....RP revolted and threatened to block such actions when they took over control.....and look how long it took to get Dodd Frank for banks passed that now Trump wants to roll back....

    THEN we had McConnell stating openly on day one...I will make sure that Obama never serves more than once...and the RP went directly into blocking virtually anything which in then fed the common man's views that everything in DC was fake and doing nothing for them.....

    We can go on forever......
    BTW......for a historical lesson on American financial failures under Republicans I would suggest going back in time and studying the Savings and Loan debacle....also pushed by Bush Sr. under the concept of "privatization" of the billions being held by the banking requirements that were strictly for S&Ls....far different than banking requirements on what amounts of deposits had to be held in cash and bonds...

    THEN look how the criminals of that period were handled and how many went to jail...VS the real estate crash beginning slowly in 2006......

    NOW look at the Trump comments on Fannie and Freddie in the mortgage business...they want that privatized and their mortgage work tied to the banking industry benefitting say Goldman Sachs and company....

    Americans bailed out Fannie and Freddie to the tune of 188B USDs OVER the vast complaints of the Republicans......BUT they paid the 188B FULYL plus interest.....and now pump annually several Billion USDs back into the Treasury every year since then.....

    Americans have a very short memory of their own events...therein lies the main problem.....

    BTW....I do know the US internally as well as you do...was in the US from 1986 until 1997 and then again 2006 to 2012....

    BTW.....
    Anyone refusing to acknowledge democratic norms were/r violated is complicit in degradation of our republic
    http://nyti.ms/2hDuO6Y
    Last edited by OUTLAW 09; 12-13-2016 at 07:31 AM.

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