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So the three Republicans who WROTE the bill are blameless; the guy who signed it is at fault. Joel Send a noteboard - 24/12/2012 05:33:21 AM
Again, plenty of blame to share. I give the GOP this much though: They had been urging repeal of Glass-Steagall along with the rest of the New Deal for years, so their continued efforts were at least consistent and open. A "Democrat" killing a New Deal law while he claimed JFK and his wife claimed Elanor Roosevelt as inspirations is far less reasonable or excusable. You rightly scorn modern Dems for the wrong reasons; their slogan should be "I am not a liberal, I just play one on TV."

Before you laugh too hard though, remember that is because last generations ideologues, many of whom WERE quite radical, made that an easy way for Reagan and Co. to discredit the whole party. After the pounding Mondale and Dukakis took the pragmatists who believed in nothing but winning took control to gain election victories they quickly mooted. The Tea Party is putting Republicans through the first phase of that now; RINOs are not the past: They are the future.
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This message last edited by Joel on 24/12/2012 at 05:36:49 AM
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Community Reinvestment Act formally linked to the Sub-Prime/Mortgage Crisis - - 22/12/2012 09:01:56 PM 354 Views
Did you see the part of the graph where higher debt leveled off in '98 and stayed there 2 years? - 23/12/2012 04:13:01 AM 253 Views
Oh yeah, one of Bill Clinton's last acts as President - 23/12/2012 02:47:23 PM 155 Views
... was signing a bill authored by three Republicans and passed with only ONE Dem Senators vote. - 23/12/2012 11:37:10 PM 269 Views
Nice try - the repeal was all Clinton and Rubin.....buck stops with the leader. - 24/12/2012 03:44:53 AM 138 Views
So the three Republicans who WROTE the bill are blameless; the guy who signed it is at fault. - 24/12/2012 05:33:21 AM 256 Views
"Before you laugh too hard"..... - 24/12/2012 11:32:45 PM 233 Views
To say I am conflicted about this would be an understatement. - 25/12/2012 02:27:47 AM 248 Views
You're confusing CDOs with credit default swaps. - 24/12/2012 02:11:02 PM 142 Views
Right, I did conflate the investment and the insurance; sorry. - 25/12/2012 01:56:59 AM 240 Views
I've been trying to explain this to people for years. - 26/12/2012 02:54:04 PM 140 Views
You and most of the GOP, but the facts do not support that narrative. - 26/12/2012 05:54:28 PM 231 Views
CRA was a disaster for the nation.....go ahead, you can admit it. - 26/12/2012 08:32:33 PM 152 Views
The facts are in the graph in the article, and do not support that narrative. - 26/12/2012 08:44:23 PM 215 Views
The facts support it perfectly. You vs. reality is the problem here. *NM* - 26/12/2012 09:51:45 PM 54 Views
You, sir, have a richly developed sense of irony. - 26/12/2012 10:43:45 PM 207 Views

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