Firebrand Congresswoman Maxine Waters slammed Wall Street and other sectors of the financial industry Wednesday; outlining her bold agenda as she takes control of the House Financial Services Committee.
The CEO’s ask what they can do? How about finding a conservative Judge and put an injunction against Maxine Waters like the Liberals do to Trump.
Is Waters really THAT stupid? In 1999, Democrats led by President Bill Clinton and Republicans led by Sen. Phil Gramm joined forces to repeal Glass-Steagall. What happened over the next eight years was an almost exact replay of the Roaring Twenties. Once again, banks originated fraudulent loans and once again they sold them to their customers in the form of securities. The bubble peaked in 2007 and collapsed in 2008. Clinton AND the Dims COULD HAVE STOPPED THE REPEAL.
Of course they are that stupid. Not only do they dismiss the fact that Free Willie repealed Glass-Steagall, but she goes on to imply that everybody didn’t have a choice but to sign contracts they could not afford. No accountability, just mindless blame.
Don’t forget, it was the Democrat run government that demanded banks make all of those loans to lower income people who couldn’t pay them back. The banks were threatened with DOJ action if they didn’t comply.
