Yes, many democrats were against the lukewarm “reform” that eventually passed Congress. Some, the more conservative ones, wanted more safeguards - but they were around 10% of the party.
In the end10% of the Dems voted against reform, as did 100% of the GOP. You wish you could tag the Dems with the “party of No” label, tigger, - yeah, dream on. The Dems are more the party of “if we bend over backwards, maybe they’ll vote with us” - not that that’s much better, at times.
churchill, I have said repeatedly that the Democrats spinelessly went along with the GOP. Read the posts. But it is a key plank of the GOP platform to remove government regulation everywhere. It’s their policy. Reagan did it, Bush did it, Bush II did it even more.
That is not the Democratic stance, though in individual cases some Democrats have been foolish enough to think it is a good idea when it is not.
And as long as you keep posting biased statements, I’ll keep counterposting. Your smug assumption of wrongdoing on the part of Democrats and not of the GOP is more than a little irritating. I’ve criticized the Democrats on numerous occasions.
churchill, I never said Dodd and Frank don’t own their share of the blame. I am saying that it has been Republican policy to remove government regulation from back in Reagan’s day. And you have been ostentatiously ignoring that, AND Phil Gramm’s share of the blame.
Better add Ronnie to your list, too - he’s the one that started removing post-Depression controls and started us booming-and-busting again. And again, it was not a one-time deal or a failure in judgement – it was explicit, intentional, and long-term.
No surprise that Reagan’s favorite president was Coolidge, who had much the same policy.
SClark55 Premium Member about 13 years ago
HELLO! It was BARNEY FRANK and CHRIS DODD who opposed reforming Fannie and Freddy!
Motivemagus about 13 years ago
Try Senator Phil Gramm, who blocked derivatives supervision.
oneoldhat about 13 years ago
try dobbs and frank who blocked fannie and freddie supervision
Redeemd about 13 years ago
Amnesty would be my guess.
4uk4ata about 13 years ago
Yes, many democrats were against the lukewarm “reform” that eventually passed Congress. Some, the more conservative ones, wanted more safeguards - but they were around 10% of the party.
In the end10% of the Dems voted against reform, as did 100% of the GOP. You wish you could tag the Dems with the “party of No” label, tigger, - yeah, dream on. The Dems are more the party of “if we bend over backwards, maybe they’ll vote with us” - not that that’s much better, at times.
Motivemagus about 13 years ago
churchill, I have said repeatedly that the Democrats spinelessly went along with the GOP. Read the posts. But it is a key plank of the GOP platform to remove government regulation everywhere. It’s their policy. Reagan did it, Bush did it, Bush II did it even more. That is not the Democratic stance, though in individual cases some Democrats have been foolish enough to think it is a good idea when it is not. And as long as you keep posting biased statements, I’ll keep counterposting. Your smug assumption of wrongdoing on the part of Democrats and not of the GOP is more than a little irritating. I’ve criticized the Democrats on numerous occasions.
Motivemagus about 13 years ago
churchill, I never said Dodd and Frank don’t own their share of the blame. I am saying that it has been Republican policy to remove government regulation from back in Reagan’s day. And you have been ostentatiously ignoring that, AND Phil Gramm’s share of the blame. Better add Ronnie to your list, too - he’s the one that started removing post-Depression controls and started us booming-and-busting again. And again, it was not a one-time deal or a failure in judgement – it was explicit, intentional, and long-term. No surprise that Reagan’s favorite president was Coolidge, who had much the same policy.