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ManusJustus said:
bigjon said:

I am open to Obama and his ideas. Many of them go against economic principle, so I believe they would fail.

Funny, McCain is trying to copy Obama's stance on the economy.  All the sudden McCain has been a proponet of regulation when, in the past, he was far from it.

Myself, or anyone else on Earth for that matter, will make you change your mind.  But you can change your own mind, so I challenge you on the open mindeness that you claim to have.  You can start here with the bill that McCain passed and his economic advisor, Phil Gramm, wrote.

http://en.wikipedia.org/wiki/Gramm-Leach-Bliley_Act

 

Except McCain called for more oversight back in 2005.

Well before Obama thought there was any porblem.  Heck even when he through there was did he try to pass a law?  No all he did was write a letter.

I think it's more accurate to say the republicans broke it, but then when some tried to fix it the democrats didn't let them. (along with corrupt republicans.)

Sub Prime morgages has a lot of positives for Democrats... as they allowed people who couldn't get loans before (the poor and minorities) get loans.