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daily take we regularly drug companies to the products don't kill us why did reagan's appointee wendy gramm you regulate financial products letting them kill our economy and those of greece and spain. you need to know this. we did it again. in two closely watched primaries down south tuesday rick santorum pulled off a clean sweep winning both al balla bama and mississippi despite outspending santorum five to one in alabama and the reader want to mississippi romney got third place in both contests and the words his wall street super pac donors were no match for rick santorum is wall street super pac donors newt gingrich fifty finished second in the two states which is own campaign spokesman had said before hand or need to win states to remain a credible candidate but based on his concession speech last night emerged doesn't seem to be going anywhere. we will continue to run a people's campaign i believe after the primaries are over will be obvious that the so-called front runner in fact didn't get there and from that point on we'll be in a whole new conversation. so much of the republican pa
daily take we regularly drug companies to the products don't kill us why did reagan's appointee wendy gramm you regulate financial products letting them kill our economy and those of greece and spain. you need to know this. we did it again. in two closely watched primaries down south tuesday rick santorum pulled off a clean sweep winning both al balla bama and mississippi despite outspending santorum five to one in alabama and the reader want to mississippi romney got third place in both...
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see had wendy gramm allowed enron to start inventing back in one thousand nine hundred two after having been prohibited since nine hundred thirty five and five weeks before she resigned her post and took a multi-million dollar gig as a director a member the board of directors of enron. why is it that ever since then we've trusted wall street to make any new exotic financial instrument they want without any oversight think about it for a second if i'm a drug company and i'm manufacturing a new cancer drug it's going to take years to prove that drug is safe before it's let loose in the market first there's the preclinical phase in which the drug is tested in laboratories and on animals to determine the biological effects of it and it takes about two years and it all goes well the drug companies have to apply to the f.d.a. to begin the next phase which includes testing the new drug on healthy volunteers and determine just how safe it is and what the correct dosage is should be that takes another year roughly seventy percent of all new drugs make a pass this phase only thirty percent of you
see had wendy gramm allowed enron to start inventing back in one thousand nine hundred two after having been prohibited since nine hundred thirty five and five weeks before she resigned her post and took a multi-million dollar gig as a director a member the board of directors of enron. why is it that ever since then we've trusted wall street to make any new exotic financial instrument they want without any oversight think about it for a second if i'm a drug company and i'm manufacturing a new...
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one nine hundred ninety nine that a blown up with great grandma riley thanks to phil gramm on behalf of his wife wendy was a board of enron so the enron could do this and now you could do both and so the volcker rule says no you can't do both anymore you have to pick one of the other it's not fully implemented even right now members of congress who oppose the volcker rule who want to keep things the way they were over the last eleven years have collected more than sixty six million dollars since two thousand and ten from baxter's which is three hundred eighty eight thousand per member and therefore we have four times more than those members of congress who are in favor of the broker or isn't this like primal face evidence of. horrible corruption of our congress by the bankers when we didn't because you said just about anything with their unions is there i mean any kind of campaign donations yes so what are we going to do about that is you have to let the system work itself out i mean there you go i don't think you should just say we disagree with the lobbyists the voter rule so therefore you can't you
one nine hundred ninety nine that a blown up with great grandma riley thanks to phil gramm on behalf of his wife wendy was a board of enron so the enron could do this and now you could do both and so the volcker rule says no you can't do both anymore you have to pick one of the other it's not fully implemented even right now members of congress who oppose the volcker rule who want to keep things the way they were over the last eleven years have collected more than sixty six million dollars...
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by phil gramm deregulating the banks and the regulating housing and the regulating derivatives his wife wendy in ninety two reagan appointee at the end of the bush administration that led to this incredible crash i you know i agree we should go back and we regulate those things and make banking boring again instead of dangerous but none of that is going to put our economy back together i don't think raising taxes especially going to do the trick it has in the past you could show that is a kind of circumstantial thing that happened in the past and you also showed in the eighty's it did in the thirty's it did in the in the one nine hundred eighteen that did in the eight hundred sixty s. the thirty's it bit only of the first one to hoover when he really did to the great depression i'm talking about before harding i'm talking about warren. wilson and you know raised taxes up to ninety one percent harding came into office nine hundred twenty one drop them from ninety one percent the other twenty five twenty five percent and the result of that was the twenty's as boom which was one of it's totally
by phil gramm deregulating the banks and the regulating housing and the regulating derivatives his wife wendy in ninety two reagan appointee at the end of the bush administration that led to this incredible crash i you know i agree we should go back and we regulate those things and make banking boring again instead of dangerous but none of that is going to put our economy back together i don't think raising taxes especially going to do the trick it has in the past you could show that is a kind...