Monday, September 15, 2008

Long time, no see

I'm always amused by how Republican politicians LOVE laws that are over 200 years old (constitutional "original intent," which is more BS than you will find on a dairy farm) but hate 75-year old laws. You know, those pesky banking and securities laws that were passed after a meltdown to limit the chances of another one?

And gosh, who was it that led the way for the federal legislation that eliminated the regulatory barriers between banks and brokerage, deregulation that allowed a lot of these catastrophes to happen. Good ol' Phil Gramm. He's not tied to any political candidate, is he?

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