Quote:
Originally Posted by EonBlue
Gramm-Leach-Bliley Act
Seems like a cop out to blame Bush for a bill that was signed into law by Bill Clinton.
Bush hasn't helped the situation but there is plenty of blame to go around. Blaming it all on Bush is a gross oversimplification of the whole mess.
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The bill I was talking about was the Commodity Futures Modernization Act of 2000. Phil Gramm snuck it in with a completely unrelated omnibus spending bill that Clinton had been trying to pass for some time. It's common knowledge that no one in congress even read it (it was submitted right before Xmas break) and it passed. Clinton and congress were negligent but Gramm & friends are the fucktards responsible.