You have to do more homework.
Robert Rubin was Clinton's treasury secretary at the advent of the Glass-Steagall repeal and was outspoken in his enthusiastic support for it. The whole thing revolved around Cit's violation of G-S when it was permitted by Clinton's FTC to merge with Travelers. Then Rubin quit and made millions working at, where did he go?? Oh yeah - CITI!
I defy you to find a credible source where Rubin or Clinton spoke out against the repeal. It doesn't exist. They worked tirelessly for 4+ years to repeal it! The undeniable fact is these guys locked arms with republicans and sold us out!
As it happens, I work inside the MIC. In 2007 I was in a meeting where our lobbyists answered the burning question 'who will be more friendly to us, McCain or Obama?' The answer was immediate and final (i.e. no dissension), "There'll be no difference between them on defense."
So imagine my non-surprise now with the President dutifully working to restore sequestered defense cuts.
I understand your determination to disbelieve that your beloved Dem presidents have put it to us all. I was that way for a while. What changed me was people's staunch refusal to believe that dubya made up "intelligence" to justify his Iraq war. It was because they didn't want to admit someone could betray America like that. And now more than ever, none of us can afford to be that willfully blind any longer.
Read the Article at HuffingtonPost
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