Senator Bernie Sanders, I Dare You To Comprehend This Speech! Jaw Droppi...

I don't understand how the government is going to be able to efficently dictate what a very profitable venture is before it has started and how to accomodate all of the risks involved. Nah, the reason that they could spin up so much new bubble money at such a rate was that Glass-Steagal was repealed. As far as regulation it was all set in stone to fail once Glass-Steagal was repealed in 1999.

I don't hear many people talking about that, as apparently its ancient history now. Even my MSNBC TV-fanatic family members who are into the lets regulate Democrat mantra. A lot of people don't even seem to know what the critical aspects of the system are that need to be regulated and if they are told that their golden boy Bill Clinton signed it away then it must have been a good thing. In essence what they are being programmed to understand about "we need more regulation" is in fact clamping down on the ability of anyone who is not extremely wealthy to protect their money in tax havens. They errenously think that it is about stopping rich people when its just a symptom of the big death rattle. The idea that rich people aren't paying taxes is where the conversation inevitably goes for 90% of the lay conversation that I've ever heard on the matter once the MSNBC talking points have been disected. People don't want banking regulation, a revisit of the fractional reserve system or anything like that. What they seem to want in a roundabout way are more intrusive filing requirements for little people.

You should look into the banks that didn't need or want to take the bailout money and how fun that experience was for them. The irresponsible banks were bailed out while agreeing to screw over any remaining semblance of your privacy and the responsible banks were pressured into taking money to accept the terms. Its all tied into Switzerland being largely undermined and forced turn over everything on Americans and generally the attack on "tax havens".

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