Capitalism loses out to Socialism, per Heritage Foundation Post #6118 • Liberal Forum

Cannonpointer » 18 Jul 2014 10:26 am » wrote: Was it Carter, or Johnson, that got rid of glass-stegall?

I said it was Reagan and his successors that deregulated the financial industry, but you straightened me out that it was pre-Carter democrats.

I assume you linked that on a different day, in a different thread, on a diferent forum.

I trust you, Glory Hole.

WTF are you babbling about? Glass Steagall was repealed under Clinton.

And it made banks stronger by allowing them to diversify out of simply mortgages the very loans that caused the meltdown.