Friday, September 26, 2008
Financial Crisis Started in Clinton Administration? - September 16, 2008 04:43 PM EDT
AC W: "Financial Crisis Started in Clinton Administration?"
The answer to that question is YES!
You are, no doubt, refering to the rescinding/weakening/neutering of the GLASS--STEAGALL ACT. That happened on November 4, 1999. Senator Phil Gramm, Chairman of the Senate Banking Committee, presided over a session where the Gramm-Leach-Bliley Act was passed 90-8, making it FILIBUSTER and VETO proof. So Clinton signed it, to his everlasting shame! Why didn't he do like Bush and issue a Signing Statement (that's where the President signs a secret statement saying that a law Congress passed is not the law)? He could have avoided the fate of being blamed for today's unfortunate turn of events. And you wouldn't have had to write this post!
And speaking of Investor's Business Daily, here's some other great stories they've had a hand in:
1) http://www.factcheck.org/askfactcheck/was_it_recently_revealed_that_the_us.html
2) http://www.snopes.com/inboxer/pending/voting.asp
Speaking of Franklin Delano Raines, and the RUMORS about his CRIMINAL BEHAVIOR, how is the investigation of his CRIMINAL BEHAVIOR going? Has he been indicted for his CRIMINAL BEHAVIOR? Is there a gather member willing to hold their breath until he is convicted of this CRIMINAL BEHAVIOR? Is there a gather member who can predict when he will be in jail for his CRIMINAL BEHAVIOR? OOH, OOH, how about this guys CRIMINAL BEHAVIOR?
Financial Crisis Started in Clinton Administration? - September 16, 2008 04:43 PM EDT
The answer to that question is YES!
You are, no doubt, refering to the rescinding/weakening/neutering of the GLASS--STEAGALL ACT. That happened on November 4, 1999. Senator Phil Gramm, Chairman of the Senate Banking Committee, presided over a session where the Gramm-Leach-Bliley Act was passed 90-8, making it FILIBUSTER and VETO proof. So Clinton signed it, to his everlasting shame! Why didn't he do like Bush and issue a Signing Statement (that's where the President signs a secret statement saying that a law Congress passed is not the law)? He could have avoided the fate of being blamed for today's unfortunate turn of events. And you wouldn't have had to write this post!
And speaking of Investor's Business Daily, here's some other great stories they've had a hand in:
1) http://www.factcheck.org/askfactcheck/was_it_recently_revealed_that_the_us.html
2) http://www.snopes.com/inboxer/pending/voting.asp
Speaking of Franklin Delano Raines, and the RUMORS about his CRIMINAL BEHAVIOR, how is the investigation of his CRIMINAL BEHAVIOR going? Has he been indicted for his CRIMINAL BEHAVIOR? Is there a gather member willing to hold their breath until he is convicted of this CRIMINAL BEHAVIOR? Is there a gather member who can predict when he will be in jail for his CRIMINAL BEHAVIOR? OOH, OOH, how about this guys CRIMINAL BEHAVIOR?
Financial Crisis Started in Clinton Administration? - September 16, 2008 04:43 PM EDT
# posted by ADL : 11:31 PM
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