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ALERT: Phil Gramm is lecturing us on how the banking crisis came about.

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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 02:49 PM
Original message
ALERT: Phil Gramm is lecturing us on how the banking crisis came about.
Edited on Fri Jan-23-09 02:49 PM by burythehatchet
Listen up people, listen to the wise man on C-SPAN.

Thank you American enterprise Institute.

:puke:
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backscatter712 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 02:50 PM
Response to Original message
1. Did he say anything about what he saw in the mirror? n/t
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wryter2000 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 02:51 PM
Response to Original message
2. When will they stop giving people like him a microphone?
They're completely and consistently wrong on everything. The only way they should be heard is with a disclaimer beforehand. "What follows is the boneheaded thinking that got us where we are."
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Sultana Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 02:52 PM
Response to Original message
3. Oh, Lord
:eyes:

It's ur fault Phil.
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OregonBlue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 02:53 PM
Response to Original message
4. Just posted the same thing. God that Brian Lamb loves him some AEI.
Haven't we had enough of these crooks by now. Why give this hateful, deceitful man air time? They really are CSPIN!!!
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Kittycat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 02:55 PM
Response to Original message
5. And he would know - the dumbfuck.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 02:56 PM
Response to Original message
6. Phil Gramm is the single individual
we can most blame for this crisis. I hope Obama & The Democatic Party restore the Glass Steagall Act, and soon.
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 02:59 PM
Response to Reply #6
9. gotta hand it to him. He's taking hostile questions. I would have just
knifed him.
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Fireweed247 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:14 PM
Response to Reply #6
17. That bastard is responsible!
How many people could not afford to pay their bills because gas, energy bills and food were so high because of the Enron Loophole?
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 05:10 PM
Response to Reply #17
27. We have witnessed the Eronization of
our country. Filthy scum! Was there ever a deep, dark, dank dungeon bad enough for them?
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NOW tense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 02:56 PM
Response to Original message
7. I bet he says to much regulation.
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 02:59 PM
Response to Original message
8. Credit Default swaps were the EXACT CAUSE of what is happening NOW
Gramm is FOS on this one. He states he was a lawmaker, not a regulator. DID not eliminate regulators from watching the swaps? HELL NOBODY KNEW HOW to work with these things! HE's blowing smoke once again. HE IS SCARED shitless. Roubini would make him look like the idiot he really is!
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:00 PM
Response to Original message
10. ONYL REASON HE IS ON IS to shoot holes in the stimulus package
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:02 PM
Response to Reply #10
12. Covered bonds is the talk NOW from England, BUT
covered bonds failed big time in Europe MANY years ago!
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ejpoeta Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:02 PM
Response to Original message
11. he would know. he helped start the ball a-rollin
Edited on Fri Jan-23-09 03:04 PM by ejpoeta
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MajorChode Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:04 PM
Response to Original message
13. That's easy, it's called the Gramm-Leach-Bliley Act
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:06 PM
Response to Reply #13
14. and the douche is still defending getting rid of Glass-Steagall
un-frickin-real
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Urban Prairie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:07 PM
Response to Original message
15. How is our
Edited on Fri Jan-23-09 03:08 PM by Urban Prairie
mental recession coming along now, Gramm?
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DBoon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:12 PM
Response to Original message
16. that's like a cannibal lecturing us on the virtues of vegan diets
nt
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Raster Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:18 PM
Response to Original message
18. phil gramm is a liar, thief and a cheat. You can tell he's lying if his lips are moving.
Edited on Fri Jan-23-09 03:21 PM by Raster
I lived in Texas during his tenure as Senator. We had a saying: "gramm never met a microphone he didn't like."

gramm is an abysmal excuse for a human being. Frankly, his head belongs on a pike to serve as a warning and deterrent.
Oh, and his ENRON-enabling wife is no better. Her head would look lovely right next to his.

We Can Do Better!

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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 04:01 PM
Response to Reply #18
23. His head on a pike is what America needs.
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TheCowsCameHome Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:31 PM
Response to Original message
19. I thought he died.
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Fire1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:37 PM
Response to Original message
20. Well, if anybody knows WHY, he damned sure does.
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Waiting For Everyman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:41 PM
Response to Original message
21. I'd like to him behind bars FIRST on the list.
And his wife Wendy second.
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lovuian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 03:42 PM
Response to Original message
22. He created it he should know
Asshole
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TimesSquareCowboy Donating Member (222 posts) Send PM | Profile | Ignore Fri Jan-23-09 04:24 PM
Response to Original message
24. From the man who spent $30Million and won one delegate,
a lesson in managing money.
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 04:26 PM
Response to Original message
25. Is it anything like OJ's book?
What a sociopath.
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 04:30 PM
Response to Reply #25
26. DUzy 2.0
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