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Old 03-13-2009, 07:00 PM   #22
spence
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Quote:
Originally Posted by detbuch View Post
Actually, the Dems in congress did NOT mostly oppose Gramm-Leach-Bliley. They, along with the Republicans, voted, OVERWHELMLINGLY for it. The total, combined vote of both Congressional Houses was 450 for and 64 against. A small minority of both Dems and Repubs voted nay.
That's simply not true. Democrats only supported the bill after the Republicans made many concessions. The bill had all Republican sponsors and the initial version only recieved a single Dem vote in the Senate.

But as I've said all along, this is a bi-partisan issue. The simple fact remains that it was a contributing factor among many.

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