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3 definitions by DEA30209

What American political conservatives believe is best for the American economy, especially in the industry of finance, even though it is best known for delivering excessive profits during periods of economic growth, high unemployment once the economy stalls, and ever-widening levels of economic inequality. It also makes white-collar crime much easier.
In 1999, led by conservative Republican Senator Phil Gramm from Texas, the U.S. Congress repealed the Glass-Steagall Act, which has stood since 1934 in an act of deregulation. Those 65 years were marked with steady economic growth and economic crises that were very mild, at worst. Since 1999, commercial banks started gambling with depositors' money, and this then created a culture of excessive risk-taking on Wall Street that turned it into a casino that eventually crashed the worldwide economy in 2008.
by DEA30209 January 20, 2010
595 18
British Polluters
As a short-sighted, greedy corporation based in Britain run by Tony Hayward, but with operations all over the world, BP created the worst environmental disaster in world history, by allowing millions, if not billions, of gallons of oil to be spilled into the Gulf of Mexico, killing both workers and marine life.
by DEA30209 June 19, 2010
301 71
The meanest CEO (Chief Evil Officer) in America. He runs a criminal enterprise called Massey Energy. Since the turn of the century, 52 miners hae died in his coal mines in West Virginia. He is also known for poisoning people's drinking water by blowing off the tops of mountains to extract thin seams of coal and for busting unions so that miners cannot voice their claims about safety violations.
As the head of Massey Energy, Don Blankenship is criminally responsible for 29 deaths at Massey Energy's Upper Big Branch mine in West Virginia due to his repeated failure to listen to his miners about safety problems in his mines, especially those dealing with ventilation. He should spend the rest of his life in jail for these failures.
by DEA30209 August 02, 2010
9 0