Friday, October 1, 2010

Phil Gramms Giant Balls........

Phil Gramm lecturing us on the current recession and how it relates to the Great Depression.

http://online.wsj.com/article/SB10001424052748704116004575522351201224286.html?mod=googlenews_wsj

Phil Gramm the man personally responsible for the current financial meltdown. The man who sponsored the bill to deregulate the banks in 1999. The man who unleashed credit default swaps. The man responsible for removing the safeguards that were put in place after the great depression. Safe guards that prevented a repeat for 60 years until his legislation was signed into law.

Foreclosure Phil as he has been called. http://motherjones.com/politics/2008/05/foreclosure-phil

Now the same guy who created the disaster before running away to go run a foreign bank (UBS). He now has the audacity to talk about how the Democrats are screwing up the recovery.

You would think he would be off hiding behind a rock somewhere but as we see Republicans have balls that would make an elephant blush.

In 2008 when Bush was president and McCain wanted to be president Phil Gramm denied there was any economic problem at all. It was a "mental recession". We were all a "Nation of Whiners". http://www.nytimes.com/2008/07/11/us/politics/11campaign.html

Now that the Democrats are in charge Phil sees the economy is actually really bad and blames the democrats. If he wants to pass blame he should look in the mirror.

UNBELIEVABLE!!!!

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