The funny thing is that they used a bunch of lines straight from Palin’s Couric interview.
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The Wall St. Journal blaming Bill Clinton for a bill sponsored by Republicans and passed with veto-proof majorities in the House and Senate? Shocking! How does a joker like this win the Nobel Prize?
February 1st, 2008 at 7:32 pm
Clinton was very instrumental in repealing the Glass-Steagal act in 1999, ultimately forcing banks to lend to unqualified borrowers, forcing banks to change their lending practices. Now, this family wants back in the White House, under the pretense that the current housing crisis had nothing to do with them, and to save all the nice people that became victims as a result of Clinton pushing this repeal through.
February 1st, 2008 at 8:02 pm
Welcome to FatMixx, Karen.
I don’t remember the history here, so help me out. How was Clinton “very instrumental” in repealing the Glass-Steagall Act?
The bill that repealed Glass-Steagall was called the Gramm-Leach-Bliley Act, which is named for three co-sponsors of the bill, all of whom are Republican.
While you can argue that Clinton shouldn’t have signed the bill, nothing in the Wikipedia entry supports the claim that Clinton was instrumental in passing this bill.
Was there some back story I’m not aware of?
Sujal