rocketpig on 22 September 2008
| ManusJustus said: First of all, the Gramm-Leach-Biley Act is the cause of the financial crisis. It was passed by the Republicans, including McCain, and Phill Gramm is now McCain's economic advisor. Secondly, the Republicans dominated the Senate, House, and executive branch in 2005. Blaming democrats (specfically here for a symptom on the problem, not the problem itself) would be like blaming your bat boy for your baseball team's low batting average. |
No one is arguing that the Republicans were the ones behind deregulation.
In 2005, the Republicans had a slight 232-202 edge in the House. The Republicans largely backed this bill and the Democrats largely blocked it. It failed because of Democratic efforts.
Why is that so hard for you to accept?
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