SacriliciousBeerSwiller: But remember, vote Republican...they'll fix this sort of thing by letting the market speak!

So vote Democrat.

impaler: AngryDragon: SacriliciousBeerSwiller: But remember, vote Republican...they'll fix this sort of thing by letting the market speak!

So vote Democrat.

[www.tomheneghanbriefings.com image 640x444]

You are aware the Gramm-Leach-Bliley Act (Republican, Republican, Republican) had veto-proof support, right?

Then why not veto it?

MugzyBrown: impaler: You are aware the Gramm-Leach-Bliley Act (Republican, Republican, Republican) had veto-proof support, right?

Yeah it did, partly because over 3/4 of all democrats voted for it.

I'm sure whenever you begrudgingly sign a veto-proof bill, you have a big public spectacle for the event, like pictured above.

"Today I am pleased to sign into law S. 900, the Gramm-Leach-Bliley Act. This historic legislation will modernize our financial services laws, stimulating greater innovation and competition in the financial services industry."  I'm this was taken out of context or something.

Thank you for saving me the trouble.

clkeagle: Nemo's Brother: impaler: AngryDragon: Then why not veto it?

The point was that the Republican bill had enough Republican support, that a veto couldn't have stopped it.

To blame it on the Democrats means you're at least either an idiot or a liar, or maybe both.

Only Republican Presidents are responsible for their actions while in office.

Fine. Democrats fault it happened.

Now in all honesty - which party is more likely to reinstate it?

It's going on five years.  What's the hold up?  You would think this would be pretty easy with a blueprint that was in place for 60 years to model after.

Debeo Summa Credo: The republicans had veto proof support forcing Clinton to smile while signing.

/just kidding, the repeal of Glass Steagall had absolutely zero to do with the financial crisis. Clinton (and the repuclicans) have nothing to apologize for on that issue

Actually, it's pretty commonly accepted that the repeal of Glass Steagall was the final catalyst that unshackled the banks' shiatty business practices and triggered the crisis.

Nemo's Brother: That is my contention. Neither party will appeal it. Both are in the sack with Wall Street. Do you believe Hillary will if president? Honestly?

Not in a million years.  I wonder how many bank executives would be on her cabinet and among her advisors.  If she get elected, god save us, we should have a pool to see if it's more ofr less than Bush and Obama.  I'm guessing more.