2016 Postmortem
Related: About this forumNewt calls out Goldman Sachs, says Glass-Steagall is back on the table.
Last edited Mon Jan 30, 2012, 08:25 PM - Edit history (13)
Goldman Sachs has a special place in Newt's heart. He doesn't think they have been helpful to his campaign. Today Newt is showing Goldman his appreciation. He is 'considering' reviving Glass Steagall.
Gingrich yesterday renewed his criticism of what he described as a barrage of negative ads run against him, accusing Wall Street and Goldman Sachs of financing the attacks. - Bloomberg.
Gingrich Labels Romney Wall Street Elite
To the degree they survive by rigging the game, Gingrich said in an interview with Bloomberg News, they have a lot more to fear. To the degree that theyre willing to be in a very investment-oriented, high-tempo, entrepreneurial world, they have more to gain.
Gingrich said his plans, like eliminating the capital gains tax and repealing the Wall Street regulations of the Dodd-Frank Act, would benefit the banking industry.
Gingrich also said hed consider new legislative changes, including replacement of the Glass-Steagall Act, a 1933 law that increased bank regulations and was repealed in 1999. He said he would stop deals like the $13 billion payment Goldman Sachs received for American International Group, Inc. investment guarantees after the bailed-out insurer received billions from the U.S. government.
Armin-A
(367 posts)i can't wait to see what happens this week
denem
(11,045 posts)Last edited Mon Jan 30, 2012, 11:22 PM - Edit history (2)
Joy.
When the last Goldman Sachs' stooge leaves his office, please turn off the lights. Bye Timmy.
Armin-A
(367 posts)denem
(11,045 posts)(Bloomberg sniffs the wind)
Ebadlun
(336 posts)Actually, it probably won't. Now Newt's said it, they'll all pretend they were furiously protesting the repeal of GS in 1999 by the evil Democrat president.