Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)
 

Otelo

(62 posts)
Fri Apr 25, 2014, 03:05 PM Apr 2014

Did Hillary agree with Bill's signing of the Gramm-Leach-Bliley Act in 1999? [View all]

As you may know from what Nobel-prize winning economists and others have told you, the Gramm-Leach-Billey Act signed by Bill Clinton was at the core of the financial crisis that affected us in the late 2008's.

Thinkprogress: "Economic experts say that Gramm and others are to blame for the current crisis that is shaking Wall Street.
Gramm’s successful effort to pass banking reform laws in 1999, which reduced decades-old regulations separating banking, insurance and brokerage activities, helped to create the current economic crisis.
“As a result, the culture of investment banks was conveyed to commercial banks and everyone got involved in the high-risk gambling mentality. That mentality was core to the problem that we’re facing now,” Stiglitz says."
Link

I don't want to jump to conclusions and say that since Hillary was Bill's wife, then we have to automatically assume that she agreed and still agrees with Bill's signing that awful law. I am simply going to ask you guys to tell me if you have heard her speak against it in the past, in newspapers, TV or any other medium. This might be key in my decision to vote for her or another more progressive Democrat in the primaries. Thanks.

14 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»Did Hillary agree with Bi...