
Happy Holidays to all of you and have a great New Year.
Saving the world whenever I can show up, just like you. (Hay, this is a humor site, you know, just like Rush's!)
McCain Advisor Helped cause Crash
Gramm de-regulated what they now say needs regulating
Excerpt:
As the news broke of the Lehman Brothers meltdown and the rest of the latest financial crisis,
John McCain, speaking at a campaign rally in Florida on Monday, angrily declared, "We will never
put America in this position again. We will clean up Wall Street. This is a failure."
And in a statement, McCain called for greater "transparency and accountability" on Wall Street.
If McCain wants to hold someone accountable for the failure in transparency and accountability
that led to the current calamity, he should turn to his good friend and adviser, Phil Gramm.
As Mother Jones reported in June, eight years ago, Gramm, then a Republican senator chairing
the Senate banking committee, slipped a 262-page bill into a gargantuan, must-pass spending measure.
Gramm's legislation, written with the help of financial industry lobbyists, essentially removed
newfangled financial products called swaps from any regulation.
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Ain't Socialism for the rich and corporations grand? Just ask Mussolini!
When enough time passes after a good person dies, a more thorough discussion of his professional legacy can begin.
Russert was among the Worst
by Gene Lyons
June 25, 2008
May 5 (Bloomberg) -- The number of suicides among veterans of wars in Iraq and Afghanistan may exceed the combat death toll because of inadequate mental health care, the U.S. government's top psychiatric researcher said.
Of course, they could always get drunk and do coke like Glorious Leader . . .