The latest republican meme seems to be that the subprime mortgage crisis is the fault of .. wait for it .. Bill Clinton. Ummmmmmm. No? A little? Ok, a little. Who can you trust, besides The Daily Show? I trust Editor & Publisher, The Nation and these guys
Where Credit Is Due: A Timeline of the Mortgage Crisis
Required reading for this topic
Gramm-Leach-Bliley
Glass-Stengall
Remember folks, when McCain gets elected, Phil Gramm is going to be the Secretary of the Treasury. Good luck with that.
Just look at the "bailout" give us 700Bn and oh by the way once you give it to us we are immune from legal repercussions and you cant write a law about us later either.. neener neener
ReplyDeleteUmmm Boondoggle??
give me the 700Bn I will throw the worlds biggest Kegger. At least that will do some good.