On Wed, 14 Apr 2010 10:28:04 -0400, wrote:

On Wed, 14 Apr 2010 06:00:02 -0400, bpuharic wrote:

gramm's addendum...which you refuse to admit existed...was introduced
right before the bill was voted on, on 12/15.


They voted on a conference report not "a bill" but I assume that is
too confusing for you.
Gramm was not even on the conference committee that created the
conference report but I will agree he was prodding them along.
The companion bill to the house bill I referenced was submitted by
Lugar in the senate but it was word for word identical to H.,R.5660.
They were incorporated into the conference report by reference and
that is what BOTH houses voted on.
That is how it works.
You heard something on Olbermann and you are just not going to let it
go no matter what is recorded in the Library of Congress..

I won't let facts get in the way of a good rant so carry on ...
without me


facts, eh? well let's look at the facts shall we? unfortunately
wikipedia doesnt work for olberman so we'll just have to go with the
truth.

http://en.wikipedia.org/wiki/Commodi...on_Act_of_2000

When Congress returned into session for two days in mid-November, the
sponsor of H.R. 4541, Representative Thomas Ewing (R-IL), described
Senator Gramm as the “one man” blocking Senate passage of H.R.
4541.[60] Senator Richard G. Lugar (R-IN), the sponsor of S. 2697, was
reported to be considering forcing H.R. 4541 to the Senate Floor
against Senator Gramm’s objections

The “compromise language” was introduced in the House on December 14,
2000, as H.R. 5660.

-----------

for more analysis check:

http://motherjones.com/politics/2008...rn-speculators

But thanks to Phil "nation of whiners" Gramm—the former Texas senator
who was until recently John McCain's top economic adviser (see
"Foreclosure Phil")—futures market regulation went to hell. Under the
"Enron loophole" pushed through by Gramm in 2000, energy futures were
allowed to escape all federal and state regulation. Gramm embedded
that loophole in a surprise 262-page rider, drafted at the behest of
Wall Street and Enron, in an 11,000-page appropriations bill on a
Friday evening two days after the Supreme Court handed down its Bush
v. Gore ruling and as Congress was rushing home for Christmas.


and:

http://www.texasobserver.org/archive...and-rick-perry

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.

When his new party won control of the Senate, Gramm rose to chairman
of the Senate Banking Committee, where he was able to put his
anti-regulation views into law. The Gramm-Leach-Bliley Act of 1999
repealed laws put in place after the Great Depression setting up
protective barriers between commercial banks, investment banking
firms, and insurance companies.

Banks had been chipping away at the barriers through Federal Reserve
rules for decades. But Gramm's sweeping deregulation stripped away
restraint, says Broome.