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Senator Dorgan is Psychic, We Should Listen to Him

submitted by jimnms

1 decade 5 years 6 months 3 weeks ago

In 1999 Congress passed the Financial Modernization Act, which allowed banks, insurance companies and investment houses to merge. Many experts point to it as one of the causes of our current financial crisis. At the time, Byron Dorgan was one of the few senators to speak out strongly against the legislation. Looking back, his predictions in 1999 seem prophetic and, looking forward, his views raise more questions about the $700 billion bailout plan. - ANP

11 Comments

Moving this video to jimnms's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.

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Sending this video to Beggar's Canyon to plea for a little attention - beg requested by original submitter jimnms.

littledragon_79

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This published video has been declared non-functional; embed code must be fixed within 2 days or it will be sent to the dead pool - declared dead by littledragon_79.

*money

Adding video to channels (Money) - requested by EndAll.

he coulda shouted it from the rooftops and we'd still be in the same mess we're in today. the bailout and its negative effects were intended, and deliberately implemented.

Tags for this video have been changed from 'byron dorgan, financial, crysis, prediction, 700 billion, bailout' to 'byron dorgan, financial, crisis, prediction, 700 billion, bailout' - edited by shuac

Crisis = condition of instability or danger
Crysis = PC game

he coulda shouted it from the rooftops and we'd still be in the same mess we're in today. the bailout and its negative effects were intended, and deliberately implemented.

How so?

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