Gramm spearheaded efforts to pass banking reform laws, including the landmark Gramm-Leach-Bliley Act in 1999, which served to reduce government regulations in existence since the Great Depression separating banking, insurance and brokerage activities. ... critics of Gramm point out that this same legislation may have been pivotal in encouraging the corporate practices that led to the 2008 mortgage crises in America.

Just thought people would appreciate that it is not just me and a band of hopeful democrats that put it out there that McCain is a flip flopper and has been a staunch supporter of deregulation. The rest of the world is seeing it too.  McCain keeps on lying and Americans keeps on getting disgusted with his below people's intelligence strategy. more about "McCain Financial Crisis Flip Flops - ...", posted with vodpod

Just thought people would appreciate that it is not just me and a band of hopeful democrats that put it out there that McCain is a flip flopper and has been a staunch supporter of deregulation. The rest of the world is seeing it too. McCain keeps on lying and America keeps on getting disgusted with this below people's intelligence strategy.