US election: Are Republicans heading for a two-man race?

[Jingthing]

Most are concerned about not electing a psychopathic demagogue.

[lannarebirth]

Most are concerned about not electing a psychopathic demagogue.

We know that Bill Clinton's repeal of the Glass-Steagal Act, with the support of arch criminals Summers, Rubin and Corzine, led to the global financial crisis. We know Hillary Clinton has said she has no intention of working to re-institute Glass Steagal. What is your defense of this position in light of estimates ranging between 6Trillion and 14 Trillion in losses to the American economy (people) from the GFC?

[stevenl]

Most are concerned about not electing a psychopathic demagogue.

We know that Bill Clinton's repeal of the Glass-Steagal Act, with the support of arch criminals Summers, Rubin and Corzine, led to the global financial crisis. We know Hillary Clinton has said she has no intention of working to re-institute Glass Steagal. What is your defense of this position in light of estimates ranging between 6Trillion and 14 Trillion in losses to the American economy (people) from the GFC?

Good information on that 'repeal' here, https://en.wikipedia.org/wiki/Gramm%E2%80%93Leach%E2%80%93Bliley_Act. While you blame Bill Clinton, it would be better to blame Gramm, Leach and Bliley, all 3 Republican representatives. On top of that, 'led to the GFC' is not correct, and 'contributed to the GFC' is still a major discussion point. It is also claimed by well reputed economists is softened the impact of the GFC.

Retracting your post would be best.

[up2u2]

Most are concerned about not electing a psychopathic demagogue.

We know that Bill Clinton's repeal of the Glass-Steagal Act, with the support of arch criminals Summers, Rubin and Corzine, led to the global financial crisis. We know Hillary Clinton has said she has no intention of working to re-institute Glass Steagal. What is your defense of this position in light of estimates ranging between 6Trillion and 14 Trillion in losses to the American economy (people) from the GFC?

Order! Order! Point of Order Mr Speaker.

President Clinton did not repeal Glass Steagal 1933. In 1999 President Clinton did sign into Law the Gramm-Leach-Bliley Act (GLB). The bulk of Glass Steagal was left in tack but it did end 'affiliation restrictions' between Commercial Banks and Investment Banks. The ending of the affiliation between Commercial and Investment banks did not cause the GFC.

The main failures in the GFC being Bear Stearns, Lehman Brothers, Merrill Lynch, AIG, and Fannie Mae and Freddie Mac, none of which would have come under Glass-Steagall’s restrictions.

[dunroaming]

I fear it is now a one woman race. Time to look at a long term plan for the next election

[up2u2]

I fear it is now a one woman race. Time to look at a long term plan for the next election

Well Republicans already did that after they got flogged last time by Obama.

We have to appeal to women, african american, young people, hispanic communities, workers. That all lasted about a millisecond. Then proceeded with restricting abortion services, black lives matter uproar, racism is over legislation, voter suppression legislation, the young with trillion dollar in education debt, deport hispanics, build a wall, deport all muslims, anti labour Right To Work legislation and on and on and on.

[keemapoot]

^ You forgot my favorite one: the war on Christmas.

[Publicus]

I fear it is now a one woman race. Time to look at a long term plan for the next election

Become a consultant to the post-election Republican party.

The position won't last long given the outlook for the party but it will pay well while it lasts.

[up2u2]

^ You forgot my favorite one: the war on Christmas.

lmao yes a significant omission there. The old 'war on christmas' chestnut.

[Chicog]

Are Democrats in blue states not concerned about jobs or low wages? Are they not concerned that their good job was shipped to China or Mexico?

Maybe their job was making bits for Trump's "Signature collection".

Or perhaps they simply understand the meaning of the word "charlatan".

[Pinot]

About Hillary, what violations of the law has she been convicted of?

Another comedian. She has not been convicted YET, but she certainly broke the law. The mystery is whether the Obama Justice Department will uphold it - the law - or not.

Nonsense.

Republicans need something to hang their hat on. Buddha knows they got nothing else...like a candidate.

BENGHAZI!!!

[up2u2]

EMAILS!!!!

[Norvid 1950]

I can't believe that people here do not recognize that any country has be run like a business. Any politician is prone to bribes, influence of special interests groups and of course all what comes with it. Lies, empty promises, etc.

Trump knows what he is talking about. Does Americans need healthy economy? Does they need money? Do the need employment? Does finally deserve honesty from the government after all these crap from 1990 on?

Vote Donald Trump!

[lannarebirth]

Most are concerned about not electing a psychopathic demagogue.

We know that Bill Clinton's repeal of the Glass-Steagal Act, with the support of arch criminals Summers, Rubin and Corzine, led to the global financial crisis. We know Hillary Clinton has said she has no intention of working to re-institute Glass Steagal. What is your defense of this position in light of estimates ranging between 6Trillion and 14 Trillion in losses to the American economy (people) from the GFC?

Good information on that 'repeal' here, https://en.wikipedia.org/wiki/Gramm%E2%80%93Leach%E2%80%93Bliley_Act. While you blame Bill Clinton, it would be better to blame Gramm, Leach and Bliley, all 3 Republican representatives. On top of that, 'led to the GFC' is not correct, and 'contributed to the GFC' is still a major discussion point. It is also claimed by well reputed economists is softened the impact of the GFC.

Retracting your post would be best.

Oh, I've got plenty of contempt for Gramm, Leach and Bliley as well, but senators don't sign legislation into law and this never would have passed without the strong advocacy of Clinton's Treasury dept. This was legislation drafted by and for GS and other Wall Street Commercial/Investment banks.

Calling bullshit on the "led to the GFC is not correct".

Robert Kuttner, Joseph Stiglitz, Elizabeth Warren, Robert Weissman, Richard D. Wolff and others have tied Glass–Steagall repeal to the late-2000s financial crisis. Kuttner acknowledged “de facto enroads” before Glass–Steagall “repeal” but argued the GLBA’s “repeal” had permitted “super-banks” to “re-enact the same kinds of structural conflicts of interest that were endemic in the 1920s,” which he characterized as “lending to speculators, packaging and securitizing credits and then selling them off, wholesale or retail, and extracting fees at every step along the way.”^[47] Stiglitz argued “the most important consequence of Glass–Steagall repeal” was in changing the culture of commercial banking so that the “bigger risk” culture of investment banking “came out on top.”

https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall:_Aftermath_of_repeal

[lannarebirth]

Most are concerned about not electing a psychopathic demagogue.

We know that Bill Clinton's repeal of the Glass-Steagal Act, with the support of arch criminals Summers, Rubin and Corzine, led to the global financial crisis. We know Hillary Clinton has said she has no intention of working to re-institute Glass Steagal. What is your defense of this position in light of estimates ranging between 6Trillion and 14 Trillion in losses to the American economy (people) from the GFC?

Order! Order! Point of Order Mr Speaker.

President Clinton did not repeal Glass Steagal 1933. In 1999 President Clinton did sign into Law the Gramm-Leach-Bliley Act (GLB). The bulk of Glass Steagal was left in tack but it did end 'affiliation restrictions' between Commercial Banks and Investment Banks. The ending of the affiliation between Commercial and Investment banks did not cause the GFC.

The main failures in the GFC being Bear Stearns, Lehman Brothers, Merrill Lynch, AIG, and Fannie Mae and Freddie Mac, none of which would have come under Glass-Steagall’s restrictions.

The GFC was caused by enhanced risk taking by commercial banks due to the intermingling of interests with investment banks. Commercial banks are backstopped by the federal government while investment banks are not. Once their interests became aligned the government became the defacto backstop for the risk appetites of investment banks.

The failures you cite are primarily due to credit rating inflation. Something that is known to happen when there exists in the market a sense that "the government won't let this fail".

[Ulysses G.]

About Hillary, what violations of the law has she been convicted of?

Another comedian. She has not been convicted YET, but she certainly broke the law. The mystery is whether the Obama Justice Department will uphold it - the law - or not.

Nonsense.

That why so many FBI agents have been investigating her emails for MONTHS.

[up2u2]

Most are concerned about not electing a psychopathic demagogue.

We know that Bill Clinton's repeal of the Glass-Steagal Act, with the support of arch criminals Summers, Rubin and Corzine, led to the global financial crisis. We know Hillary Clinton has said she has no intention of working to re-institute Glass Steagal. What is your defense of this position in light of estimates ranging between 6Trillion and 14 Trillion in losses to the American economy (people) from the GFC?

Order! Order! Point of Order Mr Speaker.

President Clinton did not repeal Glass Steagal 1933. In 1999 President Clinton did sign into Law the Gramm-Leach-Bliley Act (GLB). The bulk of Glass Steagal was left in tack but it did end 'affiliation restrictions' between Commercial Banks and Investment Banks. The ending of the affiliation between Commercial and Investment banks did not cause the GFC.

The main failures in the GFC being Bear Stearns, Lehman Brothers, Merrill Lynch, AIG, and Fannie Mae and Freddie Mac, none of which would have come under Glass-Steagall’s restrictions.

The GFC was caused by enhanced risk taking by commercial banks due to the intermingling of interests with investment banks. Commercial banks are backstopped by the federal government while investment banks are not. Once their interests became aligned the government became the defacto backstop for the risk appetites of investment banks.

The failures you cite are primarily due to credit rating inflation. Something that is known to happen when there exists in the market a sense that "the government won't let this fail".

'enhanced risk taking' Well that's just beautiful. lol So benign and eloquent. 'risk appetites' wonderful 'intermingling' you say. The most adept polishing of a turd I have seen, it is literally glistening in the morning sunlight.

[stevenl]

We know that Bill Clinton's repeal of the Glass-Steagal Act, with the support of arch criminals Summers, Rubin and Corzine, led to the global financial crisis. We know Hillary Clinton has said she has no intention of working to re-institute Glass Steagal. What is your defense of this position in light of estimates ranging between 6Trillion and 14 Trillion in losses to the American economy (people) from the GFC?

Good information on that 'repeal' here, https://en.wikipedia.org/wiki/Gramm%E2%80%93Leach%E2%80%93Bliley_Act. While you blame Bill Clinton, it would be better to blame Gramm, Leach and Bliley, all 3 Republican representatives. On top of that, 'led to the GFC' is not correct, and 'contributed to the GFC' is still a major discussion point. It is also claimed by well reputed economists is softened the impact of the GFC.

Retracting your post would be best.

Oh, I've got plenty of contempt for Gramm, Leach and Bliley as well, but senators don't sign legislation into law and this never would have passed without the strong advocacy of Clinton's Treasury dept. This was legislation drafted by and for GS and other Wall Street Commercial/Investment banks.

Calling bullshit on the "led to the GFC is not correct".

Robert Kuttner, Joseph Stiglitz, Elizabeth Warren, Robert Weissman, Richard D. Wolff and others have tied Glass–Steagall repeal to the late-2000s financial crisis. Kuttner acknowledged “de facto enroads” before Glass–Steagall “repeal” but argued the GLBA’s “repeal” had permitted “super-banks” to “re-enact the same kinds of structural conflicts of interest that were endemic in the 1920s,” which he characterized as “lending to speculators, packaging and securitizing credits and then selling them off, wholesale or retail, and extracting fees at every step along the way.”^[47] Stiglitz argued “the most important consequence of Glass–Steagall repeal” was in changing the culture of commercial banking so that the “bigger risk” culture of investment banking “came out on top.”

https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall:_Aftermath_of_repeal

And in the link I gave you already you will find different opinions from leading economists. On top of that your quote does in no way lead to the GFC'.

[keemapoot]

Are Democrats in blue states not concerned about jobs or low wages? Are they not concerned that their good job was shipped to China or Mexico?

Maybe their job was making bits for Trump's "Signature collection".

Or perhaps they simply understand the meaning of the word "charlatan".

Here's the proclamation from Trump:

“I’m going to bring jobs back from China. I’m going to bring jobs back from Mexico and from Japan,” Trump said during the Feb. 13 GOP debate in South Carolina.

Here's the truth:

Nonetheless, public data collected by a private company, ImportGenius, which gathers export and import information, shows Trump products outsourcing jobs back to 2006. And the trend has intensified over the past few years. Since 2011, around 1,200 shipments of goods with the Trump name on them have come to the U.S. from other countries. Our Principles PAC, a super-PAC opposing Trump, compiled the data from ImportGenius into an Excel spreadsheet (viewable here) with 1,356 shipments going back to 2006.

https://www.yahoo.com/politics/trump-outsourcing-includes-home-goods-daughters-190543492.html?soc_src=mail&soc_trk=ma