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