“Over the last decade, the wealthiest Americans got richer by trading in the unregulated financial casinos on Wall Street.” — Senator Tom Harkin (D-IA).
“Once Congress deregulated the swaps market in 1999 it became a $600 trillion high-stakes casino for Wall Street to take big risks and bring our economy to the brink.”– Senator Maria Cantwell (D-WA).
” … without action, we’ll continue to see what amounts to highly-leveraged, loosely-monitored gambling in our financial system, putting taxpayers and the economy in jeopardy.” – President Barack Obama.
“Wall Street’s a casino, so maybe state gambling laws apply,” Les Blumenthal, McClatchy Newspapers. (See an opposing view here).
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