Wow, I just got spammed in my comments. COOL!! Well, I think it's cool because it's in a foreign language. I thought about deleting it, but I then thought..."I don't think anybody that reads my site is gullible enough to start clicking those links," so I'm keeping it up. Don't let me down, people!
In other news, I was made aware of a very interesting NY Times piece the other day. It's titled, "CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS." It talks of how this deregulation bill would negatively impact the economy and how the bill made it easier for financial entities to enter other financial markets (i.e.-it made this current recession possible.) It's publication date? November 5...1999. You can insert your own ironic/sarcastic rebuttal now.
Interestingly enough, this bill passed the house and senate with majority votes from both parties, indicating that although Clinton signed it into law, and Bush did nothing about it, it wasn't just the Executive Branch that royally effed our economy up back then. I'm started to really dislike the majority of congress-people. I WANT TERM LIMITS IN CONGRESS!
I can't prove that they would have prevented this, let's not be naive, but I can't help but to wonder how much they were influenced (for a lengthy amount of time) by lobbyists. Term limits would not only harbor in stupid congress-people, but I imagine they'd also impact the lobby...in a good way (for Americans, that is, not the lobbyists).