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John Boehner's 1998 Glass-Steagall Flashback - Would You Like A CD With That Auto Insurance Policy?

Photo - Clinton and Wall Street sycophants, Greenspan, Kanjorski, Boehner, Dodd, Summers, Rubin and Gramm celebrate the end of sanity and Glass-Steagall.

Story is in PDF format (It's worth a quick read):

Gingrich, Boehner, Rubin & Summers work to repeal Glass-Steagall


PBS Frontline - The Warning

Clinton's excuse:

Clinton: 'Rubin and Summers gave me lousy advice on derivatives'



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Reader Comments (16)



story source...
Dec 16, 2010 at 5:04 PM | Registered CommenterDailyBail
Dec 16, 2010 at 5:10 PM | Registered CommenterDailyBail
« PBS Frontline: The Warning -- How Greenspan, Summers & Rubin Conspired To Silence Derivatives Whistleblower Brooksley Born (Complete VIDEO) »

Dec 16, 2010 at 5:11 PM | Registered CommenterDailyBail
Bill Clinton, Glass-Steagall and the Current Financial and Mortgage Crisis, Part Two of an InDepth Investigative Report

Dec 16, 2010 at 5:12 PM | Registered CommenterDailyBail
« Audience Reaction To Greenspan's CFR Speech: "That Was Scary As Shit..." »

Dec 16, 2010 at 5:19 PM | Registered CommenterDailyBail
Dec 16, 2010 at 6:10 PM | Unregistered Commenterjohn
excellent link john...
Dec 16, 2010 at 8:52 PM | Registered CommenterDailyBail
Excellent find on the PDF, you should hang on to it for the "it is only one parties fault" crowd. Funny how people who live in glass houses love to pull the ole Ernest T. Bass.
Dec 19, 2010 at 2:27 AM | Unregistered CommenterS. Gompers
gomp..yes it makes the point convincingly that both sides are completely captured by the banking lobby...not something new to any of us, but still further proof...
Dec 20, 2010 at 12:25 AM | Registered CommenterDailyBail
Update on S 510, passed the Senate proudly by both parties, off to the House.



"If accepted S 510 would preclude the public’s right to grow, own, trade, transport, share, feed and eat each and every food that nature makes. It will become the most offensive authority against the cultivation, trade and consumption of food and agricultural products of one’s choice. It will be unconstitutional and contrary to natural law."

Dr. Shiv Chopra, Canada Health whistleblower

Monsanto says it has no interest in the bill and would not benefit from it, but Monsanto’s Michael Taylor who gave us rBGH and unregulated genetically modified (GM) organisms, appears to have designed it and is waiting as an appointed Food Czar to the FDA (a position unapproved by Congress) to administer the agency it would create — without judicial review — if it passes. S 510 would give Monsanto unlimited power over all US seed, food supplements, food and farming.

Both of my proudly purchased Ohio Senators voted yes, for those who have neglected calling your Congress critters, your nation, and more importantly, your children thank you for your participation in helping destroying America.

People who have never had anyone get sick from their food will become outlaws, while corporations like the salmonella egg guy will continue doing business.


To the contrbutors go the spoils.
Dec 20, 2010 at 1:52 AM | Unregistered CommenterS. Gompers
The Student Loan Swindle
An interview with Professor Alan Nasser
by Mike Whitney



The biggest private lenders, like SLM Corporation (Sallie Mae) and Citigroup, have interests comparable to the guarantors'. This is because the latter, as well as some of the biggest collection agencies, are themselves often owned by the lenders. The lender, guarantor and collector thus form a system of interwoven interests: a lender defaults a loan, which then becomes bloated with collection fees, which then generates a flow of revenues to the guarantor and the collector. If the latter two are owned by the lender, we have income continuously flowing to all three – provided that borrowers continue to default, which is made more likely by the process I just described.
Feb 8, 2011 at 9:27 AM | Unregistered Commenterjohn
Wall Street Covers its' Fannie Mae


Funny how no one involved wants to comment........
Feb 8, 2011 at 9:44 AM | Unregistered Commenterjohn
Celebrating Ten Years of Derivatives Deregulation



Today marks the tenth anniversary of President Clinton's signing of the Commodity Futures Modernization Act (CFMA). At passage, the bill was said to establish "legal certainty" for derivatives. In other words, the bill assured bankers that they wouldn't face any legal consequences in the United States when they manipulated, defrauded, and colluded their way to billions in profits using financial derivatives that no one understood.
Feb 8, 2011 at 4:19 PM | Unregistered Commenterjohn
Hello John. Do you work for Huffington? You post a lot of links to AOL Huff site. Just curious.
Feb 8, 2011 at 4:26 PM | Unregistered CommenterHi John
@Hi John....

To answer your question, no I do not work for anyone in the media even here. I do have past media research experience and since I am currently unemployed living off of what was left of my retirement savings.... just dusting the cobwebs off of an old skill and passing a little time. I hope you enjoy this site (and the comments too).
Feb 8, 2011 at 5:51 PM | Unregistered Commenterjohn
Lead photo looks like a big asshole with a bunch of hemorrhoids.
Oct 7, 2011 at 6:57 PM | Unregistered CommenterSagebrush

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