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11-09-2011, 11:21 AM
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2,471 posts, read 3,084,760 times
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11-09-2011, 11:23 AM
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16,546 posts, read 13,009,332 times
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Are any Dems going to accept responsibility for it as well? Does repealing Glass-Steagall ring any bells?
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11-09-2011, 11:25 AM
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Location: Earth
24,630 posts, read 27,449,801 times
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Ya think, Newt?
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11-09-2011, 11:36 AM
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Location: Earth
24,630 posts, read 27,449,801 times
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Quote:
Originally Posted by DanFrancis
Just keep in mind it was not just Newt.
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Thanks for refuting something I didn't say.
Keep it up. |
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11-09-2011, 11:38 AM
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3,457 posts, read 3,507,771 times
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i'm glad to hear Gingrich say that.
i used to like the guy ok, but lately (the past few years) he's sounded like a complete idiot.
It is good to hear him come around, and admit that banking regulation is necessary to avoid another crisis. To me that's common sense, but then, a lot of what's going on in the GOP these days defies common sense.
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11-09-2011, 11:40 AM
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2,471 posts, read 3,084,760 times
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Quote:
Originally Posted by Cletus Awreetus-Awrightus
i'm glad to hear Gingrich say that.
i used to like the guy, but lately (the past few years) he's sounded like an idiot.
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Yes, this takes a lot of courage. First it was Huntsman showing his crazy liberal love for science, and now this. :P
I respect him for going against what seems the majority of his party on this issue. |
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11-09-2011, 11:46 AM
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3,457 posts, read 3,507,771 times
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Quote:
Originally Posted by Aganusn
Yes, this takes a lot of courage. First it was Huntsman showing his crazy liberal love for science, and now this. :P
I respect him for going against what seems the majority of his party on this issue.
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exactly. We pump Fed money into the private sector banks as a matter of policy. We have done so for years.
To me, that's a "regulation", but the GOP bizarrely excludes this pro-business regulation from their deregulatory agenda. In reality they aren't pushing true "deregulation" like full reserve banking, they are just pushing pro-finance policy that protects their rich donors. |
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11-09-2011, 12:25 PM
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Location: Portland, OR
8,802 posts, read 8,595,515 times
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Quote:
Originally Posted by Aganusn
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What regulations would you have recommended we have not eliminated and how would it have helped us? |
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11-09-2011, 12:57 PM
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4,399 posts, read 10,323,755 times
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Quote:
Originally Posted by SourD
Are any Dems going to accept responsibility for it as well? Does repealing Glass-Steagall ring any bells?
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I think you are little bit confused about how the US government works. The US Congress passes law and the US law passed the act that repealed Glass Steagall, and in 1999 the US Congress was a Republican majority. |
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11-09-2011, 01:02 PM
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400 posts, read 279,037 times
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In related news, Napoleon admits invading Russia "probably wasn't such a good idea"...  |
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