General Discussion
In reply to the discussion: Thomas Franks, the Clintons and "phony" Democratic populists in the New Gilded Age [View all]merrily
(45,251 posts)Clinton took down the firewall. He knew what he was doing. You posted the photo yourself.
The Gramm concept had been floating around for a long time before Bubba. Reagan didn't pass it, even when Republicans controlled Congress. Nope, it was Bubba who did the spade work.
The repeal become law in November, 1999 and Clinton's term ended January 2001. So, yes, most of it went actually down during the Bush administration. But I don't know of anything that nothing happened during Bush's tenure that Gramm, Bliley, Leach didn't allow.
Clinton took down the door to the house. That was the hard part. Predictably, the thieves ran in and started looting. All Bush did not was not stop them by trying to get Congress to repeal the repeal. Realistically, I am not sure he even could have if he tried.