Friday, November 13, 2009

The evils of the Gramm–Leach–Bliley Act

This is one of the blunders during the Clinton Administration that President Clinton didn't have any problem going along with. Don't focus on the Clinton thing though...it is the bill itself that is destructive, regardless of their being barely any resistance from Republicans or Democrats on the bill (the Gramm–Leach–Bliley Act of 1999).