Friday, September 19, 2008

A Nation of Village Idiots


Excellent research !! It's worth pointing out explictly that McCain voted for this Gramm-sponsored legislation, while Biden voted against it:

Another fundamental cause of this crisis is Gramm-Leach-Bliley Act, which broke down much of the Depression-era regulation that separated insurance, banking, and the stock market. Again, sponsored by Gramm, voted for by McCain, and voted against by Biden.

Conclusion: McCain has helped devastate the asset wealth of the wealthiest Americans. McCain has been toxic to the interests of the rich and poor, alike !!!

Had Biden been listened to at the time, neither Enron nor any of the current chaos would have ever happened.
About Economy
Read the Article at HuffingtonPost

No comments: