_TEXTBOOK_ NY Whore TIMES "LOOT the Peons, Plunder the Village" Neo-Con PROPAGANDA: Soft-Selling Gramm-Leach-Bliley DEREGULATION ATROCITY, 1999.

Catch this TEXTBOOK example of the NEW YORK WHORE TIMES Neo-Con "LOOT the Village, PLUNDER the Villagers, and RAPE their Pension fund" PROPAGANDA:
- the NY Times SOFT-SELLING the FINANCIAL-REGULATIONS GUTTING
_GRAMM-Leach-Bliley Act_ back in 1999.

As in UBER-Right-Wing REPUBLICAN
__PHIL GRAMM's__ "GUT the Depression era GLASS-STEAGAL Act" financial markets DEREGULATION ATROCITY.
#1. http://en.wikipedia.org/wiki/Gramm-Leach-Bliley Act

This bill, along with then Senator Gramm's equally atrocious
"COMMODITY FUTURES 'MODERNIZATION' Act of 2000"
#2.http://en.wikipedia.org/wiki/Commodity_Futures_Modernization_Act_of_2000
- created the "ENRON LOOPHOLE" & other BULLY-BOY financial loopholes, PROHIBITING the SEC from REGULATING DERIVATIVES, and thus placing HUGE SWATHS of the ENTIRE US Financial Markets BEYOND the oversight of the SEC.

Basically, the "INVESTMENT BANKERS" & hedge-fund hoodlums could now make ANY financial transaction INTO a "DERIVATIVE security," or "instrument" - a "Derivative security" which would now be ENTIRELY beyond the supervision of the SEC.
("The SEC," that is, which the NYTimes, Republican & 'Democrat' DEREGULATION FANATICS in Congres & government turned in to a TOOTHLESS SHELL in the first place.)

We won't deconstruct the WHORE TIMES' THIEVING "DEREGULATION IS GOOD!"
propaganda whitewash story (link here) line-by-line - the SOFT-SELL TITLE ALONE suffices - but we will note that just FOUR Wiki articles on the 2 Phil Gramm DEREGULATION ATROCITIES are FAR MORE INFORMATIVE than EVERYTHING the THIEVING New York Whore Times has EVER written on the subject of these DEREGULATION ATROCITIES and thus the rules making markets and unknowing investors subject to MASSIVE FRAUD & MANIPULATION - because helping their fellow NY big business (banking) institutions DEFRAUD tens of thousands, upon MILLIONS of American investors, IS WHAT THE NEW YORK TIMES is ALL about!

Here's a simple sentence from the Wiki entry for Bush's "BILLIONS of dollars TAXPAYER BAILOUTS for MY BANKER FRIENDS, FOREVER!" Treasury Secretary, HANK PAULSON, which the New York Times JUST CAN'T BOTHER to inform their reader:

< "The 1999 Gramm-Leach-Bliley Act, however, put the parent holding company of each of the big American brokerages beyond SEC oversight." >
#3. http://en.wikipedia.org/wiki/Henry_Paulson

BECAUSE ROBBING AMERICAN working families & taxpayers BLIND - in HEALTH CARE, in JOBS, in PAY & BENEFITS, and ESPECIALLY in PENSIONS and in the Financial Markets - IS the agenda of the evil, Dastardly, Neo-Con New York Slimes & their financial Loot & Plunder partners in crime.

(Here's Phil Gramm's equally informative entry at Wiki.
#4. http://en.wikipedia.org/wiki/Phil_Gramm

Because during the Clinton years the NY Times & Washington Post were able to MAKE "Whitewater!" SEEM like THE BIGGEST SCANDAL of the S&L financial meltdown of the late 1980s & early 1990s, they were able to ENABLE Phil Gramm to RESUME HIS DEREGULATION Jihad even as President Clinton was _still_ paying down the BUSH-1 DEFICITS and dragging the US economy OUT of the BUSH-1 RECESSION....

- That is, EVEN after Gramm's FIRST round of DEREGULATIONS - the _Savings & Loan_ deregulations of the 1980s - COST AMERICAN TAXPAYERS ONE-TRILLION DOLLARS in 1980s money and put America smack into those Bush-1 Deficits (Bush-1 Deficits were the cost of paying off the S&L BAILOUTS) and Bush-1 RECESSION -
("$1 TRILLION in taxpayers losses in 1980's money NOT counting the money American investors, home-buyers, pensioners, & workers lost in the private side of the S&L meltdown)
- leading DIRECTLY to the late 1980s US financial markets meltdown, the New YOrk Times AGAIN, in late 1990s _enabled_ Phil Gramm's __SECOND round of 1999 & 2000 DEREGULATION bills__ leading DIRECTLY to this current TEN-TRILLION-DOLLAR US financial & economic meltdown!
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The New York WHORE Times RELENTLESSLY WHITEWASHES the CONNECTION between _DEREGULATION_ and MARKET MELTDOWNS & economic collapse; both after the Savings & Loans were DEREGULATED in the 1980s, and AGAIN, in late 1990s, when PHIL GRAMM's SECOND ROUND of DEREGULATION INSANITY _paved the way_ for our CURRENT market meltdowns (nearly HALF of the market's theoretical value lost since October of 2007) & economic crisis: as the below NY Times SOFT SELL of the Gramm-Leach-Bliley bill story illustrates!

CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS
By STEPHEN LABATON, NEW YORK LYING TIMES
Published: Friday, November 5, 1999
http://www.nytimes.com/1999/11/05/business/congress-passes-wide-ranging-bill-easing-bank-laws.html

When the NEW YORK WHORES TIMES writes "EASING bank laws," they MEAN,
"GUTTING ALL oversight & regulation or YOUR PENSION, SAVINGS, & MARKET INVESTMENTS" - because the NYT are PAID PROFESSIONAL LIARS & THIEVES!!