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Obama's First 100 Days......
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<blockquote data-quote="Braveheart" data-source="post: 518426" data-attributes="member: 5831"><p>When you talk of loosening the reins do you speak of the repeal of the Glass-Steagal Act that was put in place after the Great Depression. It was repealed by the Gramm-Leach-Bliley Act of 1999. Did you know that all three of the those people are [R]. </p><p> </p><p>Clinton signed it and both the Dems and Reps voted for it but both houses of congress were controlled by the Reps. </p><p> </p><p>The Commodoties Futures Modernization Act of 2000 was another horrible law signed by Clinton and voted for by both Reps and Dems. The bill was written by 5 members in the House, 4 Reps and 1 Dem and the Senate had 6 members, 4 Reps and 2 Dems add their own two cents. Both Reps and Dems overwhelmingly voted for both of these horrible laws.</p><p> </p><p>This law created the "Enron Loophole" as well as to forbid the government from regulating many types of "Futures" that have helped create the mess we are in.</p><p> </p><p>Both sides are crooked and corrupt. Too many people have "bought" the stuff the right is selling. BOTH SIDES ARE CORRUPT!!! </p><p> </p><p>I am an Independent due to finding that both sides are bought and paid for by Big Corporate Lobbyist. We need a third option people. </p><p> </p><p>We need regualtion too. If you think it is so bad then why was Wall Street so successful for 60 years with good regulation.</p></blockquote><p></p>
[QUOTE="Braveheart, post: 518426, member: 5831"] When you talk of loosening the reins do you speak of the repeal of the Glass-Steagal Act that was put in place after the Great Depression. It was repealed by the Gramm-Leach-Bliley Act of 1999. Did you know that all three of the those people are [R]. Clinton signed it and both the Dems and Reps voted for it but both houses of congress were controlled by the Reps. The Commodoties Futures Modernization Act of 2000 was another horrible law signed by Clinton and voted for by both Reps and Dems. The bill was written by 5 members in the House, 4 Reps and 1 Dem and the Senate had 6 members, 4 Reps and 2 Dems add their own two cents. Both Reps and Dems overwhelmingly voted for both of these horrible laws. This law created the "Enron Loophole" as well as to forbid the government from regulating many types of "Futures" that have helped create the mess we are in. Both sides are crooked and corrupt. Too many people have "bought" the stuff the right is selling. BOTH SIDES ARE CORRUPT!!! I am an Independent due to finding that both sides are bought and paid for by Big Corporate Lobbyist. We need a third option people. We need regualtion too. If you think it is so bad then why was Wall Street so successful for 60 years with good regulation. [/QUOTE]
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