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upboundspiral • yesterday at 8:27 PM • 0 replies • view on HN

Republicans and Democrats in terms of their cultural values are completely different.

Where they are not so different is in terms of the economic policies they create. One often notices that a few years later, Democrats extend and expand the Republican's policies.

Who started a class war and financial deregulation in the 1980s? Raegan.

Who enabled total deregulation? Clinton the in 90s with help and council from the Secretary of the Treasury Larry Page. By unshackling the banks from any rules, the Washington bureaucracy would enable the conditions for the 2008 financial crash.

And who does Obama appoint to oversee the 2008 financial crash? Larry Page.

Both parties have totally betrayed the American people in favor of the American oligarchs in terms of economic policy.

Who benefits from deregulation and offshoring? Not the now bankrupt rust belt states. Who benefits from bailouts for the banks but no bailouts for the average person? The Wall Street insiders.

There is billions in overt corruption, and you're right, that's wrong. But trillions that have been stolen from the average person via quantitative easing and given to big business to buy back their own shares.