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[-] DagwoodIII@piefed.social 28 points 1 day ago

Thank Reagan.

When he deregulated the banks he gave a blank check to a bunch of third raters who'd gone to small time banks because they knew they couldn't cut it anywhere else.

[-] prole@lemmy.blahaj.zone 8 points 1 day ago

Reagan fucked everything up, of course, but we cannot forget about Bill Clinton overseeing the repeal of the Glass-Steagall Act

https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_legislation

[-] DagwoodIII@piefed.social 6 points 1 day ago

Clinton had a GOP Congress.

If you want a lesson, it's vote in every election and always mark your ballot to hurt the GOP worse.

[-] prole@lemmy.blahaj.zone 6 points 1 day ago
[-] adarza@lemmy.ca 2 points 19 hours ago

and congress had numbers, overwhelming numbers. it was a bi-partisan bill that passed 362-57 & 90-8. it was gonna happen with or without his signature.

[-] prole@lemmy.blahaj.zone 1 points 2 hours ago

Cool. Then make them do it.

[-] timbuck2themoon@sh.itjust.works 2 points 19 hours ago

Except it was passed overwhelmingly. Veto would've delayed the inevitable and been amazingly politically stupid.

https://en.wikipedia.org/wiki/Gramm%E2%80%93Leach%E2%80%93Bliley_Act

[-] prole@lemmy.blahaj.zone 1 points 2 hours ago

Oh I guess in that case they just shouldn't bother vetoing? Yeah no fuck that.

[-] bunnybunny@lemmy.zip 9 points 1 day ago

Thank the people who vote for a piece of shit multiple times just to ‘own the libs’

I mean obviously, but they only exist because of the absolute machine of propaganda carefully designed to create exactly that deranged mindset. Chicken and egg thing.

this post was submitted on 09 Oct 2026
1096 points (99.2% liked)

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