Thread: Reaganomics
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Old August 10th, 2012, 12:43 PM   #23 (permalink)
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Originally Posted by cjr72 View Post
Deregulation didn't start in the Reagan era. Besides, the deregulation most cited for leading up to the 2008 banking crisis was the Gramm–Leach–Bliley Act of 1999 that did away with Glass-Steagall, etc.
The financial deregulation by Congress started with Depository Institutions Deregulation and Monetary Control Act of 1980. This is the time frame when the financial unregulated unfettered free markets con was bought by the country. The gamblers received the payout for their winning bets and the taxpayers paid the marker for the losses.

Here's a timeline.
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