AltWeeklies Wire
South Carolina Congressman Blames Minorities for Banking Crisisnew
Although last Wednesday's debate between Rep. Henry Brown and his Democratic challenger Linda Ketner lacked the sparks of their previous encounter, the face-off was notable for how Brown blamed poor minorities for the financial crisis.
Charleston City Paper |
D.A. Smith |
10-30-2008 |
Economy
How Deregulation Led to the Current Bank Collapsenew
In 2000, Sen. Phil Gramm attached a rider to an appropriations bill to deregulate derivatives trading and other complicated financial instruments like collateral debt obligations. This was the effective nail in the coffin for the FDR-era Glass-Steagall Act, which was created to prevent a repeat of the crash of 1929.
Charleston City Paper |
D.A. Smith |
10-09-2008 |
Economy
