New Deal regulations worked well for 60 long years. No hassle -- No trouble -- No problem Suddenly Bill Clinton signs two bills into Law

                                                                                              
ROBERT  RUBIN the Schemer

                                                                              
BILL  CLINTON  the Culprit                  

Financial Services Modernization Act

The Culprit and Scoundrels of Our Financial Crisis

New Deal regulations worked well for 60 long years.

No hassle -- No trouble -- No problem

Suddenly Bill Clinton signs two bills into Law 

(1) Financial Services Modernization Act

The toxic Act removed the division between Investment and Commercial Banking

(2) Commodity Futures Modernization Act

This devastating Act totally deregulated existing safety measures of 60 years standing

These removals are the initial causes of our financial melt-down  --  Economics savvy Bill Clinton denies it though

Every damn crook and liar denies his crime even when noose is around the neck on the scaffold

These Acts were pushed through by Robert Rubin the Treasury Secretary of Bill Clinton

Robert Rubin was earlier Vice-President of Golman Sahs

Henry Paulson CED of Goldman Sachs went off to serve as treasury secretary to George W. Bush.

Both of them together denied all financial aid to Lehman Brothers Bank, a rival of Goldman Sachs.

Lehman Brothers Bank collapsed and the run on all other banks commenced.

Henry Paulson was head of Goldman Sachs when those toxic mortgage securities were developed.

Millions of American homes were foreclosed making billions for Goldman Sachs.

Goldman Sachs CEO Lloyd Blankfein  basically pleaded ignorance about  company’s scams.

He was paid $68 million in 2007, the highest in Wall Street history,

Why were so many senior executives of Goldman Sachs were around presidents Bill Clinton and George Bush?

Clinton knew his economic stuff to know the repercussions of what he was to sign in as Law.

Bush was a moron who always did as he was told.   

Bill Clinton is the CULPRIT

Goldman Sachs executives were the scoundrels --

Chief od them all was Clinton's Treasury Secretary and top man of Goldman Sachs --

Robert Rubin the Schemer !!!

Next we will see the mess --  what these two got together and created for the whole world !

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