Mr. Kelly,
Excessive regulation is not the answer. Period.
You my friend are Hysterical, have you got a comedy album? :mrgreen:
Ah excuse me.
If it was so bad, why didn’t Clinton veto it. Hmmmm?
The bills were passed along party lines with Republican support in the Senate[1]](Gramm–Leach–Bliley Act - Wikipedia) and with bipartisan support in the House of Representatives[2]](Gramm–Leach–Bliley Act - Wikipedia). It was signed into law by President Bill Clinton.
Can’t blame Bush for this one. no way no how.
Bush is not running for office Michael, in case you have not been keeping up. :mrgreen:
But it is nice to see that even you admit this was bad legislation, pushed through by McCains current economic advisor.
I also noticed he has that other economic dimwit on his staff Carly Fiorna of HP fame.
:mrgreen::mrgreen:
If it was so bad, why didn’t Clinton veto it. Hmmmm?
The bills were passed along party lines with Republican support in the Senate[1]](Gramm–Leach–Bliley Act - Wikipedia) and with bipartisan support in the House of Representatives[2]](Gramm–Leach–Bliley Act - Wikipedia). It was signed into law by President Bill Clinton.
You keep saying that Sarah. Odd I do not see Clintons name in the bill.
Perhaps some new talking points are in order.
She’s great isn’t she!
I’m not convinced the bill was bad in the first place.
Reduced regulation is a good thing and the bill permitted the trading houses to offer other products to their customers. Not a bad thing.
It did have bipartisan support and Clinton did sign it.:roll:
Of course if you want to trust Mother Jones, that’s up to you.
That’s sad news.
Guess we’ll have to raise taxes and increase spending. Vote Obama:p
Eventually the bill comes due Michael. I realise it is not a fun thing to say, but we have a large debt. The last admin has been spending like drunken sailors on shore leave. McCain thinks the economy is good and will just keep on spending. Heck he will probably have to get Palin a new tanning bed.
Hardly a problem of just the last administration.
It’s the spending stupid. And Obama cannot say that. He has no tools in his bag except tax increases that will not work.
Obama is not talking about spending cuts and McCain only slightly less so.
We cannot tax our way to prosperity. The sooner we admit that the sooner we can fix what’s wrong.
It’s going to get ugly no matter who is elected.
Agreed
“Certainly, President Bush did not create these trends. But his financial irresponsibility has accelerated their magnitude. In less than eight years, he has managed to increase the national debt by 90%. As the data shows, not only has he led the worst recovery since the post-WWII era, he has also positioned his successor with budget shortfalls for many years to come due to Part D Medicare, the Iraq War, and his tax cuts for the wealthy.”
Wo, Wo, Wo, Brian,
I was a drunken sailor and was proud of it. Shame on you. Do you run those jet skis sober???:shock::shock::shock:
Recovering from 9/11 was no small feat and that in the midst of the war on terror.
I did not support Bush on a number of things including Part D. We did not need another entitlement. It was fiscally irresponsible IMHO.
But Bush never was a Reagan conservative and the deficit shows it.
Guys, guys. Here now. I spent over 30 years in the corporate world, 15 years at a top 75 Fortune listed company. Every time someone buys an item in the corporate world, say paper goods, groceries, etc. you have to pay a “incentive fee”. That fee is described as various types of other fees. Say, kick-back, promo fee, marketing charges, etc. Multiply that by billions of items, it adds up to maybe trillions of dollars that change hands through corporations. The consumer ends up paying these fees. Call them “taxes”, or “lobbyist fees”. In some ways, it is legal corruption. It is now just getting to the point that all of these “operators” are getting too greedy, and the economy throughout the world is suffering. These “leaders” will not let that happen. They will cut their “takes” for a few months, and by next summer, it will be back to normal. They will just be more carefull where their “incentives” go, and how much. How do you think all of these corporate CEO’s get paid millions? It just has gotten to the point that everyone and everything got too greedy. Simmer down. Stay the course on your investments. It will come back. Look at history. Be patient.
Yep, taxes are going to have to be raised just to pay for the war you support, regardless of what other programs are implemented.
The line of the day?
Biden’s quip, delivered in Michigan.
“I could walk from here to Lansing, and I wouldn’t run into a single person who thought our economy was doing well, unless I ran into John McCain.” 
Heres another one of Bidens good ones
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