Am I the only one who has noticed that the biggest successes for Republicans and big business has happened under a Democratic President?
Let me lay this out and then Progressives and Liberals can ask themselves how they allowed it to happen.
1977: Jimmy Carter signs The Emergency Natural Gas Act As a result of this legislation There are hundreds of unregulated natural gas suppliers operating in the United States.
1993: NAFTA
eliminated "barriers" of trade between the US, Canada and Mexico. it brought the immediate elimination of Tariffs on more than one half of U.S. imports from Mexico. as a result Jobs shipped elsewhere by American companies wanting to exploit cheap labor. .
1994: Riegle-Neal Interstate Banking and Branching Efficiency Act
This Legislation repealed previous restrictions on banks from operating in multiple states. It also allowed banks to acquire other banks or set up branches in other states without creating separate off shoots.
1999: , Gramm-Leach-Bliley Act :
This Legislation repealed the Glass–Steagall Act, allowing commercial banks, investment banks, securities firms, and insurance companies to merge.
Here we are in 2011 right after a huge financial crisis caused by deregulation championed by Republicans who successfully "bullied" the legislation through by holding parts of the government hostage.
They did it again in 2010 by stripping the Health care bill and holding out on unemployment benefits to ensure that the top brackets keep the Bush tax Reduction.
They are currently seeking cuts to Medicare , Medicaid and Social Security in order to privatize and drive profits for big business.
When are we going to put our foot down and start holding Democrats accountable? Being a "team player" has cost us our society , our livelihoods and The American Dream.
It needs to end!
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