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News and commentary about the anti-gay lobbyOctober 5th, 2012
I’m creating a video explaining the financial crisis, and I need recent quotes (within the past four years) from people saying the financial sector is overregulated, should be allowed to regulate itself, that we just need to get out of its way, etc.
I need these quotes to be original, not characterizations or interpretations of what other people have said. In other words, I don’t want Biden saying Romney will unchain Wall Street. I need quotes from the people who themselves favor the deregulation. And, of course, I need the sources so I can check them out.
Government officials, pundits, professors, major figures who are taken seriously on the national stage.That’d be great.
Anybody?
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Andrew
October 5th, 2012
Look for quotes from Jamie Diamond in particular, and NPR has a treasure trove of this kind of material, especially This American Life — they spent an afternoon on Wall Street where the folks whose very jobs had been saved expressed total disdain for government and the general public.. I know that’s hand-waving, but it’s a great place to start.
Kevin Andrewx
October 5th, 2012
You tube has Blankenfien ( Goldman Sachs the trigger man) doing his “Gods Work” claim with the over-regulation howl.
MLouise
October 5th, 2012
This article might be helpful: http://www.omaha.com/article/20120926/MONEY/709269946/1697
Smith
October 5th, 2012
Here’s a piece with quotes from the Office of Thrift Supervision. Better than the quotes is an infamous photo opp of the head of the agency grinning idiotically while literally taking a chainsaw to regulations.
http://www.propublica.org/article/banks-favorite-toothless-regulator-1125
Now you owe me a favor.
Lynnette C.
October 6th, 2012
So I would look into Sandy Weill. He was a big part of the 1990’s dereg. I know that recently he said, “What we should probably do is go and split up investment banking from banking, have banks be deposit takers, have banks make commercial loans and real estate loans, have banks do something that`s not going to risk the taxpayer dollars, that`s not too big to fail,” Weill told CNBC`s “Squawk Box.” and requoted at Seeking Alpha. Then there is the American Accounting Association.
“The bailout saved Wall Street from the true consequences for its reckless behavior.” Phil Angelides, Chair, Financial Crisis Inquiry Commission
(I am so glad I retired as a banker in 2007, but this stuff has been going on for about 20 years now)
J. Peron
October 6th, 2012
The Mercatus Center is run by Nobel Laureate Vernon Smith.
http://mercatus.org/
They would have things.
http://www.amazon.com/Financial-Crisis-Free-Market-Cure/dp/0071806776/?tag=catoinstitute-20
http://www.cato.org/pubs/journal/cj31n3/cj31n3-12.pdf
http://www.cato.org/pubs/policy_report/v31n4/cpr31n4-1.pdf
http://www.cato.org/store/books/financial-fiasco-newly-expanded-edition-paperback
Jeffrey Miron, economist at Harvard can help.
Ray
October 6th, 2012
This may help:
Jan. 31, 2011 : How can the Architects of Crisis Investigate It? (a story about how the people who engineered deregulation in the Bush Administration were then appointed to investigate the causes of the financial crisis)
http://econintersect.com/b2evolution/blog2.php/2011/01/31/how-can-the-architedts-of-crisis-investigate-it
Lynnette C.
October 7th, 2012
“I introduced the bill to repeal Dodd-Frank,†[Rep. Michele Bachmann Bloomberg/Washington Post debate Bill H.R. 87]
“Repeal Dodd-Frank, and get rid of the capital gains tax,†[Herman Cain]
“Dodd-Frank obviously is a disaster,†agreed Rep. Ron Paul. “But Sarbanes-Oxley costs a trillion dollars, too. Let’s repeal that, too!†(10/18/2011)
“I am a deregulator. I believe in deregulation.”(Senator John McCain, July 13, 2003)”Government should be…market-based.” (President George W. Bush, July 10, 2002)”I worked my entire career trying to remove regulations, and that’s one of the major things I did. …I’m a free market nut, and I believe in the market.”(Former House Republican Leader Tom DeLay, October 1, 2008)
Rob Tisinai
October 7th, 2012
THANKS EVERYBODY! I’ve got what I need. The help is much appreciated.
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