The only significant regulatory legislation in the past 50 years was
the Public Company Accounting Reform and Investor Protection Act of
2002 (Sarbanes-Oxley Act) passed in the wake of the Enron scandal.  It
passed 423 to 3.  All three no votes were from Republicans.

The legislation that contributed most to the current financial mess is
the Gramm-Leach-Bliley Financial Services Modernization Act, passed in
1999, which allowed the consolidation of banks and securities firms.
This legislation was sponsored by McCain's chief economic adviser,
Phil Gramm, and passed 54-44 with overwhelming Republican support,
although Clinton did sign it into law, so I guess some fault accrues
to the Dems.


On Tue, Sep 16, 2008 at 4:05 PM, Gruss Gott <[EMAIL PROTECTED]> wrote:
>> RoMunn wrote:
>> Except that without a 60 vote majority in the Senate, the majority
>> party can't actually pass any legislation without the consent of at
>> least a few members of the minority party.
>>
>
> Great.  Now name the regulation bills that Bush or  Republicans from
> the Senate or the House introduced that were blocked by democrats.
>
> Dude.  You can't.  Again.
>
> Factual part of the debate over.  you lost.

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