Wednesday, June 18, 2008

Phil Gramm Can Suck It!!! Seriously

Using the immortal words of comedienne Kathy Griffin:

Phil Gramm can suck it!

David Corn has an investigative piece published at Mother Jones that exposes how sleazy and corrupt this guy and his wife truly are, and how he's at the epicenter of not only the foreclosure financial scandal, but the Enron scandal and others as well. Corn documents just how Gramm gamed the Senate into passing last-minute legislation (again--without any review--how the fuck does that happen anyhow??) that prohibited normal regulation of the established financial giants, allowed them to engage in high-risk transactions, and blew to hell all the firewall protections for the rest of us.

End result? Shambles and ruin for us--but lotsa, lotsa money for Gramm, his wife, and their buddies.

1 comment:

Charlie said...

No question, Gramm is a snake. When we lost the protections of the Glass-Steagal Act, we were screwed. And he knew it and didn't care.