the billions that the government gives them to lobby the government to do things like repeal glass steagall under the clinton administration or to get rid of the laws that prevents of companies from buying back their own stock which is what happened under reagan because it's patently market manipulation and stock manipulation to buy back your own stock and when you can do that with money that the government's giving it for free or at a 0 percent interest rate you're clearly in a predatory position that's bankrupting large swathes of the economy and causing unemployment and causing these deaths of despair the number of opiate overdose deaths last year up 520290000 thank you charlie and sank you warren obviously here they have like $150.00 more than $150000000000.00 just sitting there like a melting ice cube and their treasury just sitting there doing nothing because they look around and they see nothing worth investing in but this is at the end of the past 20 years since they did lobby for the repeal glass steagall the hollowing out of the u.s. economy and. in fact he also mentioned at this

all the time for example the merger of citi group and travelers corp was a patently against the glass steagall law but they did it anyway knowing that post merger they were going to change the law and that is really the law the law of the land is there is the law so if we have a deed stabilisation of society in places like the us where hyper partisanship has erupted between a so-called winners and the deplorable you know that's interesting is that in america it's not really republicans and democrats anymore it's the people who got away with stealing the money the so-called winners versus the victims of these financial crimes which are the deplorable so let's let's address the elephant in the room big point so this big coin fix this and if so how was it 100 percent does i actually want to say you mentioned you know the bankers and i know what i see that it's not necessarily to thank the bad but that the system is set up in a way that the bank has become back you know when there exists a monopoly like the states again theoretically speaking it's logical to go and coerce the state to create laws

response to the real situation and knows it could add further max and you did a great job is glass steagall i mean if we had that intact where commercial banks let the farmers and builders. built out infrastructure and you didn't have to play russian roulette with the best food markets we might have a stronger economy but once under the clinton administration i'm bipartisan i did all politicians but. i think that we don't really have a different economy but once we everyone started playing this investment banking game whether they wanted to or not it distorted the misallocation of capital that we talk about in the mood we're in together so many years ago and this continued to go down that trail in the road i think you know could commit down down the road at the end right of course at the end of the 19 $170.00 s. at the end of it and stagflation or a period paul volcker. jack rates the bond market collapsed and that was probably the last time the actual price discovery in a major market in america because starting in 1980 s. and particularly after the crash of 87 to our grasp and robert rubi

time for example the merger of citi group and travelers corporation was a patently against the glass steagall law but they did it anyway knowing that post merger they were going to change the law and that is really the law the law of the land is there is the law so if we have a deed stabilisation of society in places like the us where hyper partisanship has erupted between a so-called winners and the deplorable you know that's interesting is that in america it's not really republicans and democrats anymore it's the people who got away with stealing the money the so-called winners versus the victims of these financial crimes which are the deplorable so let's let's address the elephant in the room big point such as big coin fix this and if so how is. it 100 percent i actually want to say you mentioned you know the bankers and i know what i see that it's not necessarily to thank the bad but the system is set up in a way thank is become that you know when there exists a monopoly like the states again theoretically speaking it's logical to go and coerce the state to create laws and regulations and