• NapoleonBlownApart [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    48
    ·
    4 months ago

    I don’t know what any of that means, but Biden was front and center for the last fifty years, and he could have helped stem the rise of the thousand trillionaires billionaires.

      • TemutheeChallahmet [none/use name]@hexbear.netOP
        link
        fedilink
        English
        arrow-up
        64
        ·
        edit-2
        4 months ago

        And got basically nothing in return until 2008! For 30+ years was living in a one story house with a 100k net worth passing industrialist gift bills out of faith in the system! Just an epic loser and rube.

      • MelaniaTrump [undecided]@hexbear.net
        link
        fedilink
        English
        arrow-up
        52
        ·
        4 months ago

        Yep.

        1. Biden was a key bipartisan supporter of the Bankruptcy Reform Act of 2005 that made it easier for lenders to squeeze money from distressed families trying to file for bankruptcy.

        2. Biden repealed parts of the Glass-Steagall Act, allowing commercial banks, investment banks, and insurance companies to consolidate (Gramm-Leach-Bliley Act of 1999), and directly set us up for the 2008 financial crisis that caused huge wealth consolidation in America.

        3. He voted for the Tax Reform Act of 1986, which lowered the top marginal tax rate from 50% to 28%.

        Hell, even at various points in the debate he was incoherently complaining about these things like he didn’t directly contribute to this bullshit.