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whyamimrpink78
The Young Turks
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Comments by "whyamimrpink78" (@whyamimrpink78) on "Trump Says He’ll Dismantle Wall Street Reform" video.
TYT once again show their lack of knowledge in economics and government.
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+3amDragon The Glass-Steagall repeal did not cause the most recent recession because it was not the much regulation. We still had recessions under it during that time.
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+Dorothy Zink We had a recession similar to the one in 1929. We had one in 1921 and the federal government did nothing. Within a year we recovered. We had a recession in the late 70s, within a few years we recovered. We had a recession in 2007, the federal government's reaction was to "fix" it with the bailouts. We haven't recovered yet. Glass-Steagall had nothing to do with it.
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+bernie sanders http://www.npr.org/sections/thetwo-way/2015/10/14/448685233/fact-check-did-glass-steagall-cause-the-2008-financial-crisis http://www.politifact.com/truth-o-meter/statements/2015/aug/19/bill-clinton/bill-clinton-glass-steagall-had-nothing-do-financi/
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+pingpong wigwom Read the sources I just posted
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+Dorothy Zink Even Elizabeth Warren admits that the Glass-Steagall repeal did not cause the recession.
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