Friday, October 29, 2010

Frank LoBiondo on video discussing TARP

Here's a Frank LoBiondo video posted by Gary Stein. The footage is from a 2010 meeting with the editorial board of the Courier-Post:



The later section just have Mr. Stein.

Also, I want to say Stein is quite correct to complain that Frank LoBiondo voted to repeal Glass-Steagal "which set the whole thing up." Glass-Steagal legislation was put in place during the Great Depression and prevented a major banking collapse for seventy years. It took less than ten years under LoBiondo's deregulated system for banks nationwide to collapse.