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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (8799)	2/9/2012 5:00:00 PM
From: Jorj X Mckie	3 Recommendations Read Replies (2) \| Respond to of 85487

Clinton signed Glass Steagal repeal. Less regulations. Pure Raygunism. 'nuff said The repeal of glass-steagal wasn't the problem. And the repeal of G-S was a partial deregulation. Removing a regulation without looking at the reason it was put in there (other government meddling with the FDIC) can have serious unintended consequences. But either way, clinton handed an economy to Bush that was in freefall. It started plummeting before the 2000 election...this cannot be denied. So basically, Obama inherited Clinton's mess. We can remove Bush from the equation completely.