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So what's the solution? Keep voting Democrat forever? Remind me who was President when the Glass-Steagall Act was repealed? That’s at the heart of all of this.

by gaius 8y ago

So what's the solution? Keep voting Democrat forever? Remind me who was President when the Glass-Steagall Act was repealed? That’s at the heart of all of this. And the so-called Community Reinvestment Act.

Randin 8y ago
Bill Clinton
jacobolus 8y ago
Yes, Bill Clinton was a triangulating centrist who ended up with a kind of “Republican lite” message: still “business friendly” but now with less treasonous criminal conspiracy or international war crimes or outright war on labor or gross fiscal irresponsibility vs. the previous two administrations. After his policy agenda got derailed (especially healthcare which he hoped would be one of his signature achievements) and his party was wrecked in the midterms, and then he got dragged into years of frenzied investigations into nothing, he ended up signing a lot of the legislation that the GOP-controlled legislature put on his desk over the coming few years, because he thought that would help him out politically. It didn’t really work, but we got a lot of terrible policy out of it. I don’t think it’s fair to blame “Democrats” in general for a GOP-driven policy agenda though, just because Clinton didn’t veto every bill that came across his desk. Also, in comparison to the administrations either before or after him (or if we compare their Supreme Court picks, ugh) Clinton looks positively dreamy.
larl 8y ago
Yeah, ever since Bill Clinton the democrats have been Republicans, and the Republicans have been ... something new.
- Scipio_Afri 8y ago
  Let's not be stupid... The repeal of Glass Stegal was the "Gramm–Leach–Bliley Act" in 1999. Those are 3 republicans in the name of that act. It was a republican house and Senate and some of the last months of the Clinton administration AFTER Bush had won election. It would've been passed under Bush but this way Clinton was able to also get some policies the Democratic party wanted in a lame duck session before he left. False equivalencies do not make both parties the same.
  - tunap 8y ago
    Don't forget the Commodities Futures Modernization Act when assessing the damage of 21st century banking and the, ahem, "Great Recovery".... https://en.m.wikipedia.org/wiki/Commodity_Futures_Modernization_Act_of_2000 https://en.m.wikipedia.org/wiki/Commodity_Futures_Modernizat...
  - deleted 8y ago
    [deleted]

by gaius 8y ago

Randin 8y ago

Bill Clinton

jacobolus 8y ago

Yes, Bill Clinton was a triangulating centrist who ended up with a kind of “Republican lite” message: still “business friendly” but now with less treasonous criminal conspiracy or international war crimes or outright war on labor or gross fiscal irresponsibility vs. the previous two administrations. After his policy agenda got derailed (especially healthcare which he hoped would be one of his signature achievements) and his party was wrecked in the midterms, and then he got dragged into years of frenzied investigations into nothing, he ended up signing a lot of the legislation that the GOP-controlled legislature put on his desk over the coming few years, because he thought that would help him out politically. It didn’t really work, but we got a lot of terrible policy out of it. I don’t think it’s fair to blame “Democrats” in general for a GOP-driven policy agenda though, just because Clinton didn’t veto every bill that came across his desk. Also, in comparison to the administrations either before or after him (or if we compare their Supreme Court picks, ugh) Clinton looks positively dreamy.

larl 8y ago

Yeah, ever since Bill Clinton the democrats have been Republicans, and the Republicans have been ... something new.

Scipio_Afri 8y ago
Let's not be stupid... The repeal of Glass Stegal was the "Gramm–Leach–Bliley Act" in 1999. Those are 3 republicans in the name of that act. It was a republican house and Senate and some of the last months of the Clinton administration AFTER Bush had won election. It would've been passed under Bush but this way Clinton was able to also get some policies the Democratic party wanted in a lame duck session before he left. False equivalencies do not make both parties the same.
- tunap 8y ago
  Don't forget the Commodities Futures Modernization Act when assessing the damage of 21st century banking and the, ahem, "Great Recovery".... https://en.m.wikipedia.org/wiki/Commodity_Futures_Modernization_Act_of_2000 https://en.m.wikipedia.org/wiki/Commodity_Futures_Modernizat...
- deleted 8y ago
  [deleted]