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Re: Repeal of the Glass-Stiegel Act (NT)

Posted by John on September 16, 2008 at 6:39 PM

In Reply to: Re: Repeal of the Glass-Stiegel Act (NT) posted by Patty on September 16, 2008 at 10:42 AM

Clinton may have signed it, but the Republican controlled congress pass the legislation, after $300 Million was spent in lobbying by banking interests.

John

: Rush Limbaugh covered it very clearly on Sept 16 program....it was the Democrats that started the ball rolling toward the current economic collapse in the financial markets.
: Check it out.

: : : I think the current bloom in foreclosures is primarily due to many, many lenders lending to many, many unqualified buyers. The fact that lots of parties on both sides profited immensely, is obvious.

: : : But what made it all possible in the first place is less well known. Do you have an article on that topic?

: : :
: : : -----Ward

: : :
: : : ========




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