November 07, 2012
Even a Stopped Clock…

How often do I agree wholeheartedly with Fox News. Not often, but not never:

Another myth central to Obama’s campaign is that Mitt Romney wants to go back to the “policies that got us into trouble in the first place.”

What are those injurious Republican policies?

Presumably the president refers to the deregulation of financial institutions that liberals blame for the recession. But, it was Bill Clinton who repealed Glass-Steagall. The Gramm-Leach-Bliley bill, which undid that long-standing law, passed the Senate 90-8, with Vice President Biden among the many Democrats supporting the measure. By contrast, George Bush was a regulation nut. It was during his administration that the country adopted the oppressive Sarbanes-Oxley legislation.



Posted by Jerome Doolittle at November 07, 2012 05:11 PM
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Also, don't forget the balanced budget, of which the Big Dog and his partisans are so proud. It did as much as anything else to wreck the economy. And now the Villagers are getting together to do the same thing again.

Posted by: Tim on November 10, 2012 1:53 AM
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