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bpuharic

On Sat, 10 Apr 2010 23:28:18 -0400, wrote:

On Sat, 10 Apr 2010 20:35:04 -0400, bpuharic wrote:

I have posted the vote several times here but the deregulation bill HR
5477 most responsible for this disaster was opposed by 51 conservative
republicans and 9 democrats.

and it was passed only after phil gramm threatened to filibuster it
after he added his 262 page deregulation of CDO's which caused the
meltdown.

That does not explain 100 senators voting FOR it.

sure it does. it was passed on 12/15 late in the evening. a 262 page
addendum to an 11,000 page bill was not going to attract attention, as
gramm calculated.

The language was not Gramms either. It came from a house bill H.R.5660
that was cosponsored by New York rep John LaFalce.

newsflash:

gramm was a senator. representatives dont get a vote in the senate.