On Sat, 03 Apr 2010 17:43:10 -0400,
wrote:
I guess all those TV clips of Greenspan and the gang were photoshopped
and they had to waterboard Clinton to get him to say this was the
greatest thing since sliced bread when he signed it.
You can try to rewrite history and say the democrats were not all over
these dereg bills but it is pure bull****. The 2000 bill passed with
unanimous consent in the senate and overwhelming support in the house.
It was mostly republicans who opposed it there.
I have posted the vote here about 6 times.
incidentally you might want to check out this discussion of gramm's
role in destroying the US economy at the behest of the free market far
right:
http://www.cjr.org/the_audit/post_140.php?page=all
In the early evening of Friday, December 15, 2000, with Christmas
break only hours away, the U.S. Senate rushed to pass an essential,
11,000-page government reauthorization bill. In what one legal
textbook would later call ‘a stunning departure from normal
legislative practice,’ the Senate tacked on a complex, 262-page
amendment at the urging of Texas Sen. Phil Gramm.
There was little debate on the floor. According to the Congressional
Record, Gramm promised that the amendment—also known as the Commodity
Futures Modernization Act—along with other landmark legislation he had
authored, would usher in a new era for the U.S. financial services
industry.
-------------------
so in a 11th hour move, gramm sneaked a 262 page amendment into an
11,000 page bill, knowing that congress had no time to debate it, and
which was necessary to pass.