Detailed text transcripts for TV channel - MSNBC - 20130724:00:31:00
Billion aluminum cans used in the country over a year, that's $5 billion. it has cost american consumers according to the "the new york times." that includes the aluminum sold for cars and house siding and electronics. there's a picture of the very raw materials in question. aluminum, a 2003 regulation allows wall street banks to purchase actual physical commodities. the federal reserve is now considering whether this regulation should end. the fed should consider this very carefully because it certainly looks like the banks have figured out how to game the system to make a fat lot of money wi...