Phil Gramm - a real bad guy

While I tend to believe there is plenty of blame to go around on all sides of the political spectrum, there is one name that keeps popping up time and time again when one looks deeply into the reasons for the very frightening global financial crisis ..

that name is ..

Phil Gramm

Here is one person's take on his impact ..

http://notionscapital.wordpress.com/2008/07/20/whos-whining-now/

Here are two bills passed in 1999 and 2000 that really opened the floodgates to gambling with the world's financial security ..

http://en.wikipedia.org/wiki/Gramm-Leach-Bliley_Act

http://en.wikipedia.org/wiki/Commodity_Futures_Modernization_Act_of_2000