You make the claims, you back them up, Nazi pig.
Dictionary.com
Specifics, please.
And...wasn't Congress a DEM congress during the period of time you keep carping on? Wouldn't that make it their issue?
You ******* idiot.
Earmarks After Dark - WSJ.com
That's the wall street journal, genius.
I already gave it to you. I like how you ignored it:
The general co-chairman of John McCainÂ’s presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era banking regulation law that Democrat Barack Obama claimed on Thursday contributed significantly to todayÂ’s economic turmoil.
“A regulatory structure set up for banks in the 1930s needed to change because the nature of business had changed,” the Illinois senator running for president said in a New York economic speech. “But by the time [it] was repealed in 1999, the $300 million lobbying effort that drove deregulation was more about facilitating mergers than creating an efficient regulatory framework.”
GrammÂ’s role in the swift and dramatic recent restructuring of the nationÂ’s investment houses and practices didnÂ’t stop there.
A year after the Gramm-Leach-Bliley Act repealed the old regulations, Swiss Bank UBS gobbled up brokerage house Paine Weber. Two years later, Gramm settled in as a vice chairman of UBSÂ’s new investment banking arm.
Later, he became a major player in its government affairs operation. According to federal lobbying disclosure records, Gramm lobbied Congress, the Federal Reserve and the Treasury Department about banking and mortgage issues in 2005 and 2006.
During those years, the mortgage industry pressed Congress to roll back strong state rules that sought to stem the rise of predatory tactics used by lenders and brokers to place homeowners in high-cost mortgages.
For his work, Gramm and two other lobbyists collected $750,000 in fees from UBSÂ’s American subsidiary. In the past year, UBS has written down more than $18 billion in exposure to subprime loans and other risky securities and is considering cutting as many as 8,000 jobs.
McCain guru linked to subprime crisis - Lisa Lerer - Politico.com