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Re: Hmmm........


Yes Clinton signed the bill.  But it had BROAD support from both partys.  I think it passed the Senate with like 90 votes. But, IMO, the government did nothing wrong.  It was still these financial institutions who gambled on the sub-prime market.


You mention Barney Frank supposedly pushing back in 1995.........

" The One Hundred Fourth United States Congress was a meeting of the legislative branch of the United States federal government, composed of the United States Senate and the United States House of Representatives. It met in Washington, DC from January 3, 1995 to January 3, 1997, during the third and fourth years of Bill Clinton's presidency. Apportionment of seats in the House of Representatives was based on the 1990 United States census. Both chambers had Republican majorities for the first time since the 1950s. Major events included passage of elements of the Contract with America and a budget impasse between Congress and the Clinton Administration that resulted in the Federal government shutdown of 1995"


So now, you're maing the argument that a House member of the minority party, somehow played a key role in a crisis that occured 11 years later.
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Posted in reply to: Re: Hmmm........ by JD42596
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Re: Hmmm........ JD42596 4/7/2010 11:00:54 PM