Repugnants controlled both House and Senate. Nice try. Clinton signed off after the GOP majority forced it. That these banks are currently being fined enormous sums is proof they were guilty of predatory lending of a voluntary nature, not forced lending because of Barney Frank or Chris Dodd.<quoted text>It had nothing to do with being forced, it had to do with regulation. You are clueless, Countrywide was bought by Bank of America, and not just because. Ameriquest was hit by a government fine of over $325 million. Five banks just settled for over 2 billion dollars..
It was Bill Clinton who signed the repeal of the Glass-Steagall Act. He was the president and the Dems controlled the senate.
Wrong, no economic train wreck under Clinton. There was no bank crisis, no doubling of the federal debt or 500,000 jobs being lost each month during his last months in office. No credit-default scams.Bill Clinton having a balanced budget had nothing to do with the financial economic train wreck that he started.
The balanced budget after years in the red by Reagan and GHW Bush was a major accomplishment.
As I said before, get the grease clogs out of your brain before making a fool of yourself with GOP hot air gobble-de-gook.If banks are loaning money, milking Wall Street investors that creates short term taxes to enable the balancing of the budget.
Well, that's mighty big of you to admit. If you can't see the threat this poses to our economy over the long run, and I doubt you have the education grasp it, you are truly hopeless.I won't disparage the president, Obama by calling him a chimp, but he has caused a bigger federal deficit than all the presidents combined.
Says you. I should further point out, health insurance is still private. There is no government version.Also, Obamacare is simply Hilarycare and that was the payoff for her support.
Why educate yourself when you can let Rush do your thinking for you?I will give you one point, because I could not think of the Glass-Steagall Act and did not want to look it up.
Black GOP Dope 0