Replies to post #231794 on Tornado Alley (PROG)

[fuagf]

Yes Clinton did admit he made a mistake. Yes. The Clinton administration was to an extent obviously caught up in the deregulation fervor of the day, and complicit in it. Their treatment of Brooksley Born is part of the evidence of that .. if Democrats had had control of the Congress at the time (i think the Republicans may have had control then for 6 years, not sure) would the Gramm-Leach-Bliley Act ever have been? .. i'm not so sure of that ..

Signing of the Gramm-Leach-Bliley Act

clintonlibrary42 Published on May 14, 2012

This is video footage of President Clinton signing the Gramm-Leach-Bliley Act in Room 450 of the Old Executive Office Building.
This footage is official public record produced by the White House Television (WHTV) crew, provided by the Clinton Presidential Library.
https://www.youtube.com/watch?v=WkG4iXiZCQE

Just to link these.

The Real Cause of the Crash of 2008 .. grist for the mill .. linked here to "Fault Lines" ..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84338707

How Wall Street Defanged Dodd-Frank
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87479899

Yes Bill was wrong and he knew it later. You're right you didn't "say that Clinton most responsible for the financial crisis" .. you did say ..

Everything about GW's war in Iraq is indefensible, just as everything about Clinton's NAFTA and Glass-Steagall outcomes are unforgivable.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110912814

Now? I wonder if the Clinton administration's involvement in the deregulation debacle ..

in light of the conservative push, and multi successes on that (yes some of those conservatives were/are in the Democrat party)
over many long years .. and in light of the the wide consensus on the merit of further deregulation of the time .. and in
the fact (if it is, i'm still not sure on that) is that he was faced with a hostile Republican congress for some 6 years ..

and Clinton's signing of the Gramm-Leach-Bliley Act could be more forgivable than GWB's 'God told me to' invasion of Iraq ..

Can't argue that Clinton did not speak glowingly of the GLB bill (yes, it was three Republican's) at the time .. can't argue with the fact that he has admitted he was wrong, too ..

Has Bush ever admitted his 2003 invasion, which could very well have put in motion one of the worst, and longest lasting, calamities of the 21st Century was wrong?

Actually .. lol .. just now it occurs that neither Bush nor Hillary should be held responsible for the actions of George jr. or
Bill .. lol, but that's politics the media .. and life, eh .. oh, unless they themselves were involved in the other's?, of course ..