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To: unspun
As Accuracy in Media has consistently reported, the basic problem is that the regulations that protected investors and their capital were removed, beginning in 2007 under the George W. Bush Administration

Well, as a matter of fact, the Bush administration does certainly share the guilt.

But CRA was put into place by Jimmy Carter and put on steroids by Bill Clinton.

And the Glass-Steagal act was repealed by Bill Clinton.

Clinton did it on purpose. I frankly think that Bush was a bit of a dope about some things, notably the economy. He made a big, big mistake putting Paulson in charge at the Treasury, because Paulson was basically an agent of the Democrats.

11 posted on 08/25/2010 12:51:30 PM PDT by Cicero (Marcus Tullius.)
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To: Cicero

Agreed. Poppy Bush was a dope too because he had Nicholas Brady who worked for Dillon Read on Wall Street. Brady was a sharp cookie. The father should have made sure GW had someone on Wall Street he trusted. Also someone at the SEC who knew what they were doing.


25 posted on 08/25/2010 1:03:12 PM PDT by Frantzie (Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
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To: Cicero

Amen, amen, amen!


31 posted on 08/25/2010 1:21:01 PM PDT by brytlea (Jesus loves me, this I know.)
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To: Cicero

apt comments


60 posted on 08/27/2010 4:42:31 AM PDT by unspun (It's the Sovereignty, Stu... um... art. | WE ARE GULAG BOUND)
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