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By nobrainer (registered) | Posted April 03, 2009 at 11:06:49
Just found this great 1999 quote from Larry H. Summers, President Clinton's Teasury Secretary back when the US deregulated the financial industry and now the director of Obama's National Economic Council....
"Today Congress voted to update the rules that have governed financial services since the Great Depression and replace them with a system for the 21st century. This historic legislation will better enable American companies to compete in the new economy."
http://www.nytimes.com/1999/11/05/busine...
Pure awesome.
Hows that system working for you, there Larry?
Fixing Hamilton's problems is a no-brainer
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