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Texas Red and Phil Gramm shamelessly bring us deregulation and depression

             You need to hear this. It makes obvious just how contrived the Wall Street meltdown was. Andrew Sorkin's 'Inside Story' On Financial Collapse

            Top members of this administration’s financial hierarchy are all Wall Street insiders and minions of the oligarchs.

            Former Texas Senator Phil Gramm, Republican with the assistance of his wife Wendy, a highly paid lobbyist, among others carefully orchestrated the de-regulation of the very industries that would bring on this new depression. Bill Moyers Journal: Kevin Phillips: Bad Money

           One dank December day in 2000 Bill Clinton signed the instruments of de-regulation put before him by the efforts of Gramm, Wendy and others letting lose the demons that created the financial meltdown and its consequences that torment us to this day.



         The Wall Street oligarchs should all be in prison. This is no different, no less contrived than the Great Depression. The rich do not care about the very people to whom they turn for their salvation.

         They---the Chief Executive Officers of the big brokerage houses, of the derivatives, of the hedge funds all knew exactly what they were doing. They drew enormous bonuses as they did it. In January 2008 just months before “W’s” the sky is failing speech, the CEOs of the five big brokerage houses all collected a cool billion dollar bonus.

         We the people wound up homeless, jobless and in debt bailed out the rich. Sacramento's Tent Cities Still Bloom In Secret

         We the people are still homeless, jobless and in debt even as the Wall Street oligarchs are about to distribute record bonuses to their most talented. By any definition that is criminal. Taking the banks on