you know we're we're phil gramm the guy who you know gramley while in the commodity futures modernization act he's on the board of directors or at least was so this is the difference between these two systems between demand side economics and supply side economics and how supply side economics wipes out entire economy which is why in the last thirty years eighty percent of all the growth in our economy of all the money all the benefits eighty percent in the last thirty years has gone to the top one percent of americans and the average american today the average one american worker or today is making twenty seven hundred dollars less a year than he was making when ronald reagan came into office they've been stealing us blind it's an insane theory it's time to put it to bed it's time to put it to you know give it a nice funeral let's go back to classical economics. and that's the big picture for more information on the stories we covered visit our website to tom harmon dot com free speech shot origin artsy dot com also check out our two you tube channels there are links to thom hartmann dot

and or that been kind of the pinnacle of them gramley while ian claudie futures modernization act phil graham's two grandchildren and. and then and then in the during the bush administration they did they change the reserve requirements from eleven or twelve to one to thirty to wander you know basically made it and and and so it was banks run a while you know they did they just did anything they wanted and they ended up in trouble is that what happened in iceland was a result of deregulation of the banking says yes yes but about so because. to president banks were state don't and then there was a political deal. this party gets to dispose of the bank the other party goes to dispose of the all the political party political parties to their own preferred over a favorite. record of the. it's i started work this play with a station but. we have changed the term to play but friends so say shouldn't. and this had. been completed by two thousand and three and. the banks just. really from the get go then went then to. an extreme. loan sort of for. extremely low risk loan operations or all of t