[Peace-discuss] McCain campaign tied to bailout causes

C. G. Estabrook galliher at uiuc.edu
Mon Sep 29 14:03:50 CDT 2008


Altho' it was Clinton and the Democrats who brought us financial deregulation,
Gramm's sordid role is well known.  See e.g. the leading left newsletter on the
web: <http://www.counterpunch.org/cockburn09202008.html>.  --CGE


mark bee wrote:
> I thought it might be useful to post this here where folks can get some use
> out of it.  Been doing a little digging on our current deregulation "crisis",
> and apparently "whiners" authority Phil Gramm (recently fired from
> co-chairing McCain's campaign and probably still his pick for Treasury
> Secretary) has his fingerprints all over it.  It's amazing what you can do
> with Google these days.
> 
> Wonder why we don't see this in the media - even the progressive media? ;)
> 
> http://losangeles.injuryboard.com/miscellaneous/the-subprime-mess-and-phil-gramm-an-experiment-in-deregulation.aspx?googleid=242468
> 
> 
> or
> 
> http://tinyurl.com/5lh83s
> 
> Also:
> 
> http://en.wikipedia.org/wiki/Gramm-Leach-Bliley_Act
> 
> And who voted for it:
> 
> http://www.govtrack.us/congress/bill.xpd?bill=s106-900#votes
> 
> Whatever progressive reforms you favor, the money that would have paid for
> them is still in the process of being shunted to the investor class as we
> speak.
> 
> But who to tell?
> 
> Call Amy Goodman!   =)
> 
> 
> 
> 
> 
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