He didn’t do it - it was Barney Frank and Chuck Dodd, among others.
Um, not so much, NoFearPup. Gramm was the one who killed any attempt to legislate derivatives, which were pretty much the primary proximate cause of this economic crash. Frank and Dodd certainly didn’t do anything to stop it (and started going along with it), but Gramm was the one who has been consistently trying (and succeeding) to remove existing constraints and prevent any new ones. After all, isn’t that the power of the “free market?”
I just realized the tags are “don” “t” “Have” “a” and “cow!”
Dale, you’re right. He said we didn’t have an incipient recession, we were just “whiners.”
NoFearPup that would be Chris Dodd and motivemagus called you out on your lie. We all know that you belong to the party of hate, fear and ignorance so if you’re not already in Alaska, go north young pup and collect your socialized $1000+ oil dividend from the Queen of know nothings
WOW! BS’ drawing is almost as ugly as the real Phil Gramm. Almost…
NFP – you must not have listened to the TAL story explaining what happened. Credit Default Swaps are the reason this situation is THIS bad!
http://www.thisamericanlife.org/Radio_Episode.aspx?episode=365
NFP – you must not have listened to the TAL story explaining what ...more

Hey Bart… this is eating my shorts.