Indeependent
Diamond Member
- Nov 19, 2013
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Pretty sure the american people, those who vote control the government. Last I checked, these "big banks" can't vote.
they can afford 3 lobbyists per congressman to *cough* "help" write bills. You?
You just don't "get it". It isn't who gets elected, its what bills get passed or repealed like GrammLeachBliley. Google that one.
http://www.nytimes.com/2009/04/03/opinion/03brooks.html?_r=0
In other words, Wall Street got huge. As it got huge, its prestige grew. Its compensation packages grew. Its political power grew as well. Wall Street and Washington merged as a flow of investment bankers went down to the White House and the Treasury Department.
The result was a string of legislation designed to further enhance the freedom and power of finance. Regulations separating commercial and investment banking were repealed. There were major increases in the amount of leverage allowed to investment banks.
So ordinary citizens ought to band together, form a corporation and lobby like the big guys, right?
You must have better eye sight than I have because I can't find that text in his post.