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She says, "It's the Wall Street issues that gave us the large crisis, the deep recession, the funds issues and the austerity. So initially, make sure that Wall Street cannot do it again." But it is really fascinating how few politicians are willing to explain that the deregulation of Wall Street led to the 2008 financial disaster, which caused the budget to worsen and austerity to take center stage. We must always remind everybody that the first thing they wished they already got, the repeal of Section 716, which pushed derivatives away from the insured bank a part of their financial empires. Who did federal regulators sell the collapsed First Republic Bank to? Money is energy. The immensely rich financial industry merely purchased all the key politicians and turned banking regulators into lap canine. The large 5 US banks that were allowed to develop into Leviathans by corrupted regulators and government cronies and now control 40% of all deposits within the United States. The eighth floor, however, turned out to be little greater than one other human visitors jam, a holding space for thousands of anxious homeowners who confronted hours of ready earlier than reaching the desk of some overworked city representative down on 5.

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