the resolution trust corporation the seed been invented and ran showed a profit because they did what bush and paulson and geithner and bernanke he would not consider here's we'll see going on this. i think the lesson of that would be very clear. if that industry needs regulating show regulation. does not work. then we have tremendous losses in our shorts but not all of which. because you've invested in a business which is the globe who are part of the name was turned purple so what's happened here is right wing ideology i almost a libertarian ideology that government should play no role at all in banking allowed the banks toure's in this really started in after two thousand and two thousand and four really up on pick up steam in fact it was in two thousand and four william c. that talks about the same clip were used giving that speech it in grand rapids michigan about how in two thousand and four they went to their regulators in the bush administration and said you know historically we've only been able to land against twelve times one of the caches knows every dollar they have and d

bureaucrats in the government ga every single one of them and then over twenty years the resolution trust corporation sold them back into the private market at a profit and and i just don't get why republicans are now looking at what weygand didn't say why bush didn't do that and why they don't but that's my take on the humor of everyone who. wants to help consumers navigate you know this is our society forward so if i think in the news or in the new jersey supreme court smacked down governor chris christie calling his massive cuts to education unconstitutional that state's constitution like every other state in the country requires a free public education to all students christie figured he could get around that obligation by laundering education funds through private corporations and churches but shouldn't education are made a part of the commons instead of just another industry the profiteers can carve up watered down and sell back to us for a profit no i think no ok it's ok to have voters it's ok to have private competition we need more competition in education because our schools aren't doing th