On Tue, 22 Nov 2011 00:24:09 -0500, wrote:

On Mon, 21 Nov 2011 17:51:34 -0500, bpuharic wrote:


You forgot Summers and Rubin but it is a fair assessment. Just notice
there were plenty of democrats and democratic appointees proposing all
of this and overwhelming democratic support for all of this
deregulation in ther congress.
When you admit it was the Clinton administration who did all of this
deregulation, we will be getting somewhere.

yep the bull**** deregulation stampede had everyone fooled

but the right wing never learns. they're still pushing gravy for the
rich at the expense of the middle class

and no, it was not the 'clinton administration' that did all this. it
was a GOP CONGRESS

guess you forgot that part.


Do I need to post the votes again? Did you forget?

More republicans voted against the CFMA than democrats.

let's look at history, shall we?

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

At the same time, Senator Phil Gramm (R-TX), the Chair of the Senate
Banking Committee, was quoted as insisting that any bill brought to
the Senate Floor would need to be expanded to include prohibitions on
SEC regulation of the swaps market.[55]

Democratic members of Congress later described a period in late
September through early October during which they were excluded from
negotiations over reconciling the three committee versions of H.R.
4541, followed by involvement in reaching an acceptable compromise
that left some Republicans unhappy with the final version of the bill
and some Democrats upset over the “process”, particularly the
involvement of Sen. Gramm and House Republican leadership in the
negotiations.[56]

After the House passed H.R. 4541, press reports indicated Sen. Gramm
was blocking Senate action based on his continued insistence that the
bill be expanded to prevent the SEC from regulating swaps, and the
desire to broaden the protections against CFTC regulation for “bank
products

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.

and regarding the 'enron loophole' exempting energy products from
regulation, the DEMOCRATIC senate, overrode bush's veto to close this
in 2008.

AND the AUTHOR of the 2000 CFMA for the HOUSE was rep. thomas ewing,
REPUBLICAN of IL along with 3 REPUBLICAN cosponsors

AND BOTH houses were GOP controlled; ALL the committee chairman...ALL
REPUBLICANS...supported the CFMA.

AND if you go he

http://www.govtrack.us/congress/vote.xpd?vote=h2000-273

you see that the REPUBLICANS passed this bill. ONLY THREE DEMOCRATS
voted for it.


so this dolchstoss for american has CONSERVATIVE written all over it.