f.d.r. administration we had never gone more than fifteen years without a major nationwide banking crisis in the united states never more than fifteen years put in place glass steagall smooth sailing all with the two thousand and six two thousand and seven so when phil gramm in one thousand nine hundred ninety eight nine hundred ninety nine was arguing we don't need glass steagall it's worked so well for the last sixty years if you tried to say that twenty years earlier thirty years or forty years earlier if you had been laughed off the floor of the sun because there were people alive who remembered what happened when harding came into power in one thousand twenty want to be regulated the banks and it led to the to the bubble that crashed in nineteen twenty and let's talk about today and ironically of course one of the clinton administration we saw this massive deregulation the economy why is twenty sixteen the next date i mean obviously we're in this right now but why is that the peak or are right now and and it is both an economic cycle and a political cycle the crash really began into lat

f.d.r. administration we had never gone more than fifteen years without a major nationwide banking crisis in the united states never more than fifteen years put in place glass steagall smooth sailing all with the two thousand and six two thousand and seven so when phil gramm in one thousand nine hundred ninety ninety eight nine hundred ninety nine was arguing we don't need glass steagall it's worked so well for the last sixty years if you try to say that twenty years earlier thirty years or forty years earlier if you had been laughed off the floor of this because there are people alive who remembered what happened when harding came into power in one thousand twenty want to deregulated the banks and it led to the to the bubble that crashed in nineteen twenty nine and let's talk about today and ironically of course under the clinton administration we saw this massive deregulation the economy. why is twenty sixteen the next date i mean obviously we're in this right now but why is that the peak or are right now and and it is both an economic cycle and a political cycle the crash really began and

f.d.r. administration and how it has. the right you know maybe maybe after talk about corporates maybe you have to go after the. interesting point actually and cameron thank you for being with us and gives much for you. coming up the mainstream media is already praising tuesday's budget deal as an example of what congress can do when lawmakers sit down and decide to call for what was the deal really all that great the answer after that. i would rather as questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on our t.v. question. i know c.n.n. the premise n.b.c. and fox news have taken some not slightly but the fact is i admire their commitment to cover all sides of the story just in case one of them happens to be accurate. that was funny but it's close in for the truth and might think. it's because when full attention and the mainstream media works side by side the joke is actually on here. at our teen years we have a different right. ok

f.d.r. administration and how it was. so raw you know maybe maybe after talk about corporate it maybe yeah after the. interesting point actually. cameron thank you for being with us and much appreciate coming up the mainstream media is already praising tuesday's budget deal as an example of what card rules can do when lawmakers. are watching. was the field really all that great cancer after the. little. little. little. crosstalk rules in effect that means you can jump in anytime you want. i've got a quote for you. it's pretty tough. if they were it's about story. let's give this guy like me or that guy stead of working for the people both issues the major media are working for each other right on stage and. they did run it well. we're. big i think. everybody go to do is go did you know the price is the only industry specifically mention in the constitution which says that's because a free and open press is critical to our democracy shrek helpless. little. bit like you know i'm tom morton and on this show we reveal the pic

f.d.r. administration we had never gone more than fifteen years without a major nationwide banking crisis in the united states never more than fifteen years put in place glass steagall smooth sailing all with the two thousand and six two thousand and seven so when phil gramm in one thousand nine hundred ninety ninety eight nine hundred ninety nine was arguing we don't need glass steagall it's worked so well for the last sixty years if you try to say that twenty years earlier thirty years or forty years earlier if you had been laughed off. before this because there are people alive who remembered what happened when harding came into power in one thousand twenty want to deregulate of the banks and it led to the to the bubble that crashed in nineteen twenty nine and let's talk about today and ironically of course one of the clinton administration we saw this massive deregulation the economy why is twenty sixteen the next date i mean obviously we're in this right now but why is that the peak or are right now and and it is both an economic cycle and a political cycle the crash really began into l