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Entry: CB Richard Ellis Plunders Veterans and Old Ladies Link: http://www.takimag.com/site/article/cb_richard_ellis_plunders_veterans_and_old_ladies#9516 Post contents: San Fernado Kirk wrote: "Sometime in the late-’80s/early-’90s, a caveat emptor compact replaced our traditional, conservative, financial commonweal without consumers realizing the full extent of what this meant." No, this is a result of the repeal of depression-era investor protection legislation (Glass-Steagall Act) put in place to prevent stock brokerages and investment banks that are prone to high risk, speculation and collapse from merging with commercial banks that hold deposits earmarked for safety by a frequently gullible public. The crowning “achievement” of the “libertarian” Neuter Gingrich and the Republican “revolution” of the 1990’s. The “market’ doesn’t’ govern itself, no matter what “Libertarian“ ideologues say. Government regulation is necessary for Capitalism to work---for the middle class that is. Obviously, “freedom” works in this case for the con artists and crooks that stole this money. And it was simple theft, no doubt about it. Keep electing “free market” Republicans like Fred Thompson, and you’ll get more of this kind of crapola…the same ones who gave us globalization and outsourcing and unrestrained immigration, and destroyed America’s economic sovereignty are now dismantling the middle class, which is the basis of American democracy! If the middle class goes down, so does American democracy! Screw Alan Greenspan, and the rest of the“libertarian” movement, which champions the idiocy of discredited 19th Century “Laissez Faire” economics, which is obviously about making it easier for the Wall Street Bankers and the CEO classes to legally steal the wealth of others. Sent at: 2008 07 06