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retired benefits major hike
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<blockquote data-quote="bacha29" data-source="post: 1969148" data-attributes="member: 58386"><p>Both excellant points for VT and SD. Keep iin mind something also. Many economists believe that the repeal of Glass-Stegal was a major contributing factor. AS you know Glass-Stegal kept mechant banks and investemnt banks seperate. Once repealed and two operated as one the speculators and traders had fee rein. When the mortgage market tanked the public was expected to eat the losses while the profits remained private. They all hate Dodd- Frank the successor but they brought it on themselves. Yet nobody was ever jailed.</p></blockquote><p></p>
[QUOTE="bacha29, post: 1969148, member: 58386"] Both excellant points for VT and SD. Keep iin mind something also. Many economists believe that the repeal of Glass-Stegal was a major contributing factor. AS you know Glass-Stegal kept mechant banks and investemnt banks seperate. Once repealed and two operated as one the speculators and traders had fee rein. When the mortgage market tanked the public was expected to eat the losses while the profits remained private. They all hate Dodd- Frank the successor but they brought it on themselves. Yet nobody was ever jailed. [/QUOTE]
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