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CLAIM: liberals destroyed the economy in 2 yrs.!
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<blockquote data-quote="av8torntn" data-source="post: 419879" data-attributes="member: 8259"><p>If you are talking about the bill that repealed the Glass-Steagall Act it passed the Senate 90-8-1 and was signed into law by Clinton. The repeal of this act was a good thing. In most of the rest of the world banks can operate both in banking and securities markets. My guess is that the real problem lies with the governments encouragement of higher risk loans.</p></blockquote><p></p>
[QUOTE="av8torntn, post: 419879, member: 8259"] If you are talking about the bill that repealed the Glass-Steagall Act it passed the Senate 90-8-1 and was signed into law by Clinton. The repeal of this act was a good thing. In most of the rest of the world banks can operate both in banking and securities markets. My guess is that the real problem lies with the governments encouragement of higher risk loans. [/QUOTE]
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CLAIM: liberals destroyed the economy in 2 yrs.!
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