View Single Post
  #4   Report Post  
posted to rec.boats
*e#c *e#c is offline
external usenet poster
 
First recorded activity by BoatBanter: Dec 2009
Posts: 3,267
Default This is a good post by someone else!

On Jan 11, 12:50*pm, NotNow wrote:
In article ,
says...





On Mon, 11 Jan 2010 05:55:50 -0800 (PST), Loogypicker
wrote:


This really tells the story about the dishonesty of the right about
Clinton!


This blaming Clinton bull**** has got to stop!


The relative thing to todays financial problems is that Clinton gave
us the 1999 Gramm, Leach Bliley bill (allowing banks to be brokerage
houses) and the 2000 commodities reform act that allowed the
derivatives trading that crushed Wall Street. (overturning almost 100
years of regulation)


... or do you want to ignore that.


Why would I ignore that? What's bad about the Gramm, Leach Bliley bill?
Here, this is bad???

The Gramm-Leach-Bliley Act (GLB Act), also known as the Financial
Modernization Act of 1999, is a federal law enacted in the United States
to control the ways that financial institutions deal with the private
information of individuals. The Act consists of three sections: The
Financial Privacy Rule, which regulates the collection and disclosure of
private financial information; the Safeguards Rule, which stipulates
that financial institutions must implement security programs to protect
such information; and the Pretexting provisions, which prohibit the
practice of pretexting (accessing private information using false
pretenses). The Act also requires financial institutions to give
customers written privacy notices that explain their information-sharing
practices.


You notice Loogy (aka Kevin Noble) posts with many sock-puppets.
That's so he can drop double the amount of ****, and garbage here.