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Joe's shocked to learn 6 biggest banks' assets increased from 17% of GDP in 1995 to 63% today

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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-12-10 07:58 AM
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Joe's shocked to learn 6 biggest banks' assets increased from 17% of GDP in 1995 to 63% today
Senator Sherrod Brown was just on MSNBC explaining this to Joe Scarborough, along with the fact that his 'Too Big To Fail' amendment with Ted Kaugman had failed to pass last week. Don't these people have any real clue about what's going on?



http://roomfordebate.blogs.nytimes.com/2010/04/20/whats-missing-in-the-financial-rules-bill/
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paulk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-12-10 08:00 AM
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1. is that a rhetorical question?
:)
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-12-10 08:09 AM
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2. Same party bemoaning attempts to engage in 'transfer of wealth'
If it wasn't for all the 800 pound gorillas in the room with any GOP pols, they might have time to evaluate the crap they try to foist off on the public. Those gorillas keep them pretty busy dancing to avoid noticing the big hairy beasts everywhere.
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-12-10 08:15 AM
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3. The answer would be a resounding no. I have no idea why they are on my tv.
Seems like any hack can get a news show.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-12-10 08:17 AM
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4. Recommend - those profits are the end result of
The 'plan' to keep America from actually making, producing,
manufacturing things.
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-12-10 09:06 AM
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5. Joe Scarborough not having a clue about what's going on?
You watch his show and you have to ask such a thing?

Joe is CLUELESS. He's a right wing hack. His ego is bigger than the studio his show is broadcast from. He's a smartass sexist.

The "too big to fail" institutions need to be broken up. Period. Never again should a company be in a position that it must be bailed out by taxpayers to prevent a worldwide depression.
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spiritual_gunfighter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-12-10 09:18 AM
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6. How come I knew this statistic and Scarbourough
who makes millions of dollars to know stuff like this didn't. He is a failure.
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