Describes U.S. fraud and liar’s loans in the orchestrated economic crisis.
The savings and loan crisis was in the 1980s and 1990s and was dubbd the S&L Crisis.
This is the New attempt at passing The Glass Steagall Act aka; H.R.1489 after Barney Frank Tabled The McCain-Cantwell Bill aka; The previous attempt at passing the Glass Steagall Act.
Marcy kaptur‘s Bill Is H.R. 1489 Reinstatement Of The Glass Steagall Act!
H.R. 1489: Return to Prudent Banking Act of 2011
This Bill Will Hold The Bankers Liable For Their Gambling Debt And Return The Money To The American Citizen.
Knowledgeable Take A Listen!
I myself do not believe in any Clinton, But this fellow has it right on the Money With Glass Steagall.
Bill Clinton & Larry Summers Did Repeal The Glass Steagall Act in 1999 For Obama‘s Term and it does seem to me that if Hillary tried to reintroduce it, it was a simple faux pas ruse!
Next The Bush Administration
After the repeal in 1999 by Bill Clinton, Republicans attempted to re-instate The Glass Steagall Act. The Democrat/British Engineered Schemers propelled the Housing Bubble through predatory lending schemes with fraudulent paper work (derivatives) then subsequently allowed attempted foreclosures upon untraceable initiated mortgage deeds aka; worthless derivatives. Further, it was this same party that iced S.190 and closely related bills, to come before congress for a vote in 2001, 2003, & 2005. S.190 would have prevented Frank And Dodd from engineering the Housing Bubble and its necessary fallout (Pump/Dump Ponzi Scheme) using worthless derivative paper.
In the next video remember Democrats in general always want intense regulation about every facet of people’s lives and Republicans do not. But with Fiscal responsibility this is reversed. Republicans wanted regulation of Fannie Mae / Freddie Mac and Democrats did not. How Ruse!
The Affordable Housing Act aka; Housing Bubble allowed by Clinton repelling The Glass Steagall Act So Banks Could gamble by Short Selling The Housing Market. Which means they knew this was not going to work.
Obama Administration
Barney Frank is Chairman Of House Finance Committee.
First Time Glass Steagall Was Introduced during Obama’s Term, Barney Frank Kept The Glass Steagall aka; (McCain-Cantwell Bill) From Leaving The Committee For Vote.
This was the same time when the City Of London Banks Who Control The British Government, Threatened War Against The United States In May Of 2010 should The Glass Steagall pass.
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