In 1999, Biden voted to repeal the banking regulation that could have helped prevent the recent collapses.
(media.greatawakening.win)
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The biggest thing this bill did was to remove parts of Glass–Steagall Act of 1933 that enforced separation between banking companies, securities companies and insurance companies.
By removing this barrier, banks can take your money and play the casino. This is why 2008 happened, and everything since then including the current crash.
Biden: always blaming others for what he did.
You can set your clock to it!
Theres many reasons 2008 happened, including the government coercing banks into subprime mortgages, and also the rating agencies mass misappropriating value in MBS's and CDO's.
Along with the FDIC continuing to subsidize the fraudulent Fractional Reserve Banking system, which should have gone the way of the dodo after 1929.
McCain did vote to repeal Glass-Steagall through the Gramm-Leach-Bliley Act. https://www.govtrack.us/congress/votes/106-1999/s105
I remember this because when I learned about it in 2008 was when I realized McCain was controlled opposition. Of course now we know he was a traitor.
That was an intermediate vote.
This was the final senate vote
The bill history
Also spotted:
…and almost McCain.
Grassley is a surprise
What a POS. He blames Trump.
it almost as if the baked potatus has made a life of bad choices....
John McCain opted out of voting (shocking)
How come all the nay votes are from Democrats?
The Party having to play the court jester used to be the Republicans. Remember "drill baby, drill!"? Existing oil wells refill, we don't need to destroy pristine wilderness. The Republicans AND Democrats are in on it together. We've always known that the politicians are run by "special interests". But the special interests are owned by the same handful of investment banks and hedge funds, most of which do not disclose their memberships.
The late 90s was peak Monica Lewinsky time and pre-Biden peak DC clown show. Now it's the Democrats. The DC "parties" have seemed to switch jester roles every couple decades. When the prevailing narrative is that "the parties switched", it's kind of correct- that the captured politicians take turns being a dumbass. We The People didn't change all that much.
The only difference today is the Democrats pretend to like minorities, but intentionally make choices that decimate their economic and social status. Like giving single mothers more money if there was no sign of the father in the household- and sending social workers to check, while sending American manufacturing overseas, destroying local economies and pushing men into despair that they couldn't provide for their families- but hey- the CIA flooded the streets with crack to distract them from their despair and our politicians criminalized the very thing the other wing of the government was pushing on the people. THAT is institutional racism- the government intentionally destroying the family unit.
Right wing, left wing- they're just two wings of the same bird.
That didn't really answer my question
They have a long track record of baiting republitards to vote for more government, including 13-15th amendments.
Wait...how would voting against be baiting republicans? I'm not seeing your logic...
Your sauce:
https://www.senate.gov/legislative/LIS/roll_call_votes/vote1061/vote_106_1_00354.htm
You are thinking that we are saying that bill was voted in with the specific goal of crashing these specific banks 24 years later. Rather that bill was created to find yet another way to loot money and patch up a collapsing financial system that eventually caused 2008 crash, which was patched up with more money printing, until they dragged the corpse all the way to now where its coming unravelling.
No, it isn't. They played the system for 24 years which will cause the collapse.
I won't dignify this with an answer.
It is all Trump's fault.
Either they take the blame for the present, or we can go all the way back to the corporate founding of D.C. in 1871.