But Phooey said Dem regulations were gonna save America .... LOL

Re: Re: AIG crisis was at the heart of the 2008 Global economic crisis? .... LOL -- sayvwhat
Posted by RichAndPretty , Fri, May 25, 2012, 16:01:53 Top of ThreadReviews by RichAndPrettyArchiveMain BigDoggie.net site
Are you actually suggesting that Dems did NOTHING during the first two years of Obama's administration to protect America from the evil derivatives that almost destroyed America? Why pass Dodd-Frank if it wasn't going to really help?

If Gramm's dergulation was at fault as Phooey claims, all Dems had to do was repeal his legislation and all would be well again. After all, Dems had full control of congress and the White House Obama's first two years.

If they could get Obamacare passed without ANY Pub support, I'm sure they could have repealed Gramm's "deregulation" (especially since "most" agree they were responsible for our fiscal crisis .... LOL).

RAP

PS: You've remained quiet on the subject. So, do you believe Gramm's "deregulation" was the main reason for our fiscal crisis? How about AIG being at the center of it? .... BEEP BEEP.


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