In 1933, the Glass-Steagall Act was intended to prevent the kind of banking shenanigans that have helped to plunge the world into worst economic disaster since the Great Depression. But legislation written by Republicans Phil Gramm and James Leach and signed into law by Democratic President Bill Clinton repealed the Glass-Steagall Act in 1999.It's Gramm's bill that has helped get us into the mess we're in. Then I realised that's the same James Leach who very publicly endorsed Obama and spoke on his behalf at the Democratic National Convention. Just this past weekend lying warmonger Colin Powell said he'll vote for Obama. And today's story has neo-con Rumsfeld subordinate Kenneth Adelman's endorsement. So much for being endorsed by the "right people." I think stinks.
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2 years ago
The endorsements mean two things:
ReplyDelete1. Even the neocons have come to realize Shrub has gone too far and they know McCain would be Bush without the supercilious smirk and harder to control.
2. Obama, rather than being an "outsider," is an establishment centrist on foreign policy, a reliable voice in favor of "the greater national interest." That is, not exactly what they'd want, but one they can trust to not actually shake things up at all.
Yes, I would agree with that; thanks for the comment, LarryE.
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