The Names Of The 415 Congressmen/Women Who Caused The Recession.

The largest single cause of the recession was the repeal of the Glass–Steagall Act of 1933 which was put in place after the start of the great depression to stop the actions by banks, investment companies and insurance companies which threaten to destabilize the economy (like merging to the point of being “too big to fail”) which lead to the great depression in the first place.  The bill which repealed it was the Gramm–Leach–Bliley Act which was supported in the senate by 1 democrat and 52 republicans, and opposed by 44 democrats.  In the house it was more bipartisan and was supported by 153 democrats and 207 republicans, and opposed by 50 democrats and 6 republicans.  The final bill was signed into law by president Clinton.

So if you want to know who to blame for the recession, it’s these guys:

Bill Clinton, and:

Yea MI Abraham, Spencer R
Yea CO Allard, Wayne R
Yea MO Ashcroft, John R
Yea UT Bennett, Robert R
Yea MO Bond, Christopher R
Yea KS Brownback, Samuel R
Yea KY Bunning, Jim R
Yea MT Burns, Conrad R
Yea CO Campbell, Ben R
Yea RI Chafee, John R
Yea MS Cochran, Thad R
Yea ME Collins, Susan R
Yea GA Coverdell, Paul R
Yea ID Craig, Larry R
Yea ID Crapo, Michael R
Yea OH DeWine, Michael R
Yea NM Domenici, Pete R
Yea WY Enzi, Michael R
Yea TN Frist, William R
Yea WA Gorton, T. R
Yea TX Gramm, Phil R
Yea MN Grams, Rod R
Yea IA Grassley, Charles R
Yea NH Gregg, Judd R
Yea NE Hagel, Charles R
Yea UT Hatch, Orrin R
Yea NC Helms, Jesse R

Yea SC Hollings, Ernest D
Yea AR Hutchinson, Tim Yea TX Hutchison, Kay R
Yea VT Jeffords, James I
Yea AZ Kyl, Jon R
Yea MS Lott, Trent R
Yea IN Lugar, Richard R
Yea FL Mack, Connie R
Yea AZ McCain, John R
Yea KY McConnell, Mitch R
Yea AK Murkowski, Frank R
Yea OK Nickles, Don R
Yea KS Roberts, Pat R
Yea DE Roth, William R
Yea PA Santorum, Richard R
Yea AL Sessions, Jefferson R
Yea AL Shelby, Richard R
Yea NH Smith, Bob R
Yea OR Smith, Gordon R
Yea ME Snowe, Olympia R
Yea PA Specter, Arlen R
Yea AK Stevens, Ted R
Yea WY Thomas, Craig R
Yea TN Thompson, Fred R
Yea SC Thurmond, J. R
Yea OH Voinovich, George R
Yea VA Warner, John R

And in the house (please ignore the nays, the formatting makes it hard to delete them):

Yea HI-1 Abercrombie, Neil [D]
Yea NY-5 Ackerman, Gary [D]
Yea ME-1 Allen, Thomas [D]
Yea NJ-1 Andrews, Robert [D]
Yea WA-3 Baird, Brian [D]
Yea ME-2 Baldacci, John [D]
Nay WI-2 Baldwin, Tammy [D]
Yea MI-5 Barcia, James [D]
Nay WI-5 Barrett, Thomas [D]
Yea CA-30 Becerra, Xavier [D]
Yea TX-25 Bentsen, Ken [D]
Yea NV-1 Berkley, Shelley [D]
Yea CA-26 Berman, Howard [D]
Yea AR-1 Berry, Robert [D]
Yea GA-2 Bishop, Sanford [D]
Yea IL-5 Blagojevich, Rod [D]
Yea OR-3 Blumenauer, Earl [D]
Yea MI-10 Bonior, David [D]
Yea PA-3 Borski, Robert [D]
Yea IA-3 Boswell, Leonard [D]
Yea VA-9 Boucher, Frederick [D]
Yea FL-2 Boyd, Allen [D]
Nay PA-1 Brady, Robert [D]
Yea FL-3 Brown, Corrine [D]
Yea OH-13 Brown, Sherrod [D]
Yea CA-22 Capps, Lois [D]
Nay MA-8 Capuano, Michael [D]
Yea MD-3 Cardin, Benjamin [D]
Yea IN-10 Carson, Julia [D]
Nay MO-1 Clay, William [D]
Yea NC-1 Clayton, Eva [D]
Yea TN-5 Clement, Robert [D]
Yea SC-6 Clyburn, James [D]
Nay CA-18 Condit, Gary [D]
Nay MI-14 Conyers, John [D]
Nay IL-12 Costello, Jerry [D]
Nay PA-14 Coyne, William [D]
Yea AL-5 Cramer, Robert [D]
Yea NY-7 Crowley, Joseph [D]
Yea MD-7 Cummings, Elijah [D]
Yea MO-6 Danner, Pat [D]
Nay IL-7 Davis, Danny [D]
Yea FL-11 Davis, James [D]
Nay OR-4 DeFazio, Peter [D]
Yea CO-1 DeGette, Diana [D]
Yea MA-10 Delahunt, William [D]
Nay CT-3 DeLauro, Rosa [D]
Yea FL-20 Deutsch, Peter [D]
Yea WA-6 Dicks, Norman [D]
Nay MI-16 Dingell, John [D]
Nay CA-32 Dixon, Julian [D]
Yea TX-10 Doggett, Lloyd [D]
Yea CA-20 Dooley, Calvin [D]
Yea PA-18 Doyle, Michael [D]
Nay TX-11 Edwards, Thomas [D]
Yea NY-17 Engel, Eliot [D]
Yea CA-14 Eshoo, Anna [D]
Yea NC-2 Etheridge, Bob [D]
Nay IL-17 Evans, Lane [D]
Yea CA-17 Farr, Sam [D]
Nay PA-2 Fattah, Chaka [D]
Nay CA-50 Filner, Bob [D]
Yea TN-9 Ford, Harold [D]
Nay MA-4 Frank, Barney [D]
Yea TX-24 Frost, Jonas [D]
Nay CT-2 Gejdenson, Sam [D]
Yea MO-3 Gephardt, Richard [D]
Yea TX-20 Gonzalez, Charles [D]
Yea TN-6 Gordon, Barton [D]
Yea TX-29 Green, Raymond [D]
Nay IL-4 Gutierrez, Luis [D]
Yea TX-4 Hall, Ralph [D]
Yea OH-3 Hall, Tony [D]
Nay FL-23 Hastings, Alcee [D]
Yea IN-9 Hill, Baron [D]
Yea AL-7 Hilliard, Earl [D]
Nay NY-26 Hinchey, Maurice [D]
Yea TX-15 Hinojosa, Rubén [D]
Yea PA-13 Hoeffel, Joseph [D]
Yea PA-6 Holden, Tim [D]
Yea NJ-12 Holt, Rush [D]
Yea OR-5 Hooley, Darlene [D]
Yea MD-5 Hoyer, Steny [D]
Nay WA-1 Inslee, Jay [D]
Nay IL-2 Jackson, Jesse [D]
Yea TX-18 Jackson-Lee, Sheila [D]
Yea LA-2 Jefferson, William [D]
Yea LA-7 John, Christopher [D]
Yea TX-30 Johnson, Eddie [D]
Yea TX-3 Johnson, Samuel [D]
Yea OH-11 Jones, Stephanie [D]
Not Voting PA-11 Kanjorski, Paul [D]
Nay OH-9 Kaptur, Marcy [D]
Yea RI-1 Kennedy, Patrick [D]
Nay MI-9 Kildee, Dale [D]
Yea MI-15 Kilpatrick, Carolyn [D]
Yea WI-3 Kind, Ronald [D]
Yea WI-4 Kleczka, Gerald [D]
Yea PA-4 Klink, Ron [D]
Nay OH-10 Kucinich, Dennis [D]
Yea NY-29 LaFalce, John [D]
Yea TX-9 Lampson, Nicholas [D]
Yea CA-12 Lantos, Tom [D]
Not Voting CT-1 Larson, John [D]
Nay CA-9 Lee, Barbara [D]
Yea MI-12 Levin, Sander [D]
Nay GA-5 Lewis, John [D]
Nay IL-3 Lipinski, William [D]
Yea CA-16 Lofgren, Zoe [D]
Yea NY-18 Lowey, Nita [D]
Yea KY-4 Lucas, Kenneth [D]
Nay MN-6 Luther, William [D]
Yea NY-14 Maloney, Carolyn [D]
Yea CT-5 Maloney, James [D]
Nay MA-7 Markey, Edward [D]
Yea PA-20 Mascara, Frank [D]
Yea CA-5 Matsui, Robert [D]
Yea NY-4 McCarthy, Carolyn [D]
Yea MO-5 McCarthy, Karen [D]
Nay WA-7 McDermott, James [D]
Yea MA-3 McGovern, James [D]
Yea NC-7 McIntyre, Mike [D]
Nay GA-4 McKinney, Cynthia [D]
Yea NY-21 McNulty, Michael [D]
Yea MA-5 Meehan, Martin [D]
Nay FL-17 Meek, Carrie [D]
Yea NY-6 Meeks, Gregory [D]
Yea NJ-13 Menendez, Robert [D]
Yea CA-37 Millender-McDonald, Juanita [D]
Yea MN-2 Minge, David [D]
Yea HI-2 Mink, Patsy [D]
Yea MA-9 Moakley, John [D]
Not Voting WV-1 Mollohan, Alan [D]
Yea KS-3 Moore, Dennis [D]
Yea VA-8 Moran, James [D]
Yea PA-12 Murtha, John [D]
Yea NY-8 Nadler, Jerrold [D]
Yea CA-34 Napolitano, Grace [D]
Yea MA-2 Neal, Richard [D]
Yea MN-8 Oberstar, James [D]
Nay WI-7 Obey, David [D]
Yea MA-1 Olver, John [D]
Yea TX-27 Ortiz, Solomon [D]
Yea NY-11 Owens, Major [D]
Yea NJ-6 Pallone, Frank [D]
Yea NJ-8 Pascrell, William [D]
Yea AZ-2 Pastor, Edward [D]
Yea NJ-10 Payne, Donald [D]
Yea CA-8 Pelosi, Nancy [D]
Yea MN-7 Peterson, Collin [D]
Nay IL-19 Phelps, David [D]
Yea VA-2 Pickett, Owen [D]
Yea ND-0 Pomeroy, Earl [D]
Yea NC-4 Price, David [D]
Yea WV-3 Rahall, Nick [D]
Yea NY-15 Rangel, Charles [D]
Yea TX-16 Reyes, Silvestre [D]
Nay MI-13 Rivers, Lynn [D]
Nay TX-28 Rodriguez, Ciro [D]
Yea IN-3 Roemer, Timothy [D]
Yea NJ-9 Rothman, Steven [D]
Nay CA-33 Roybal-Allard, Lucille [D]
Nay IL-1 Rush, Bobby [D]
Yea MN-5 Sabo, Martin [D]
Yea CA-46 Sanchez, Loretta [D]
Yea TX-1 Sandlin, Max [D]
Yea OH-14 Sawyer, Thomas [D]
Nay IL-9 Schakowsky, Janice [D]
Yea VA-3 Scott, Robert [D]
Nay NY-16 Serrano, José [D]
Yea CA-24 Sherman, Brad [D]
Yea MS-4 Shows, Ronnie [D]
Yea VA-4 Sisisky, Norman [D]
Yea MO-4 Skelton, Ike [D]
Yea NY-28 Slaughter, Louise [D]
Yea WA-9 Smith, Adam [D]
Yea AR-2 Snyder, Victor [D]
Yea SC-5 Spratt, John [D]
Yea MI-8 Stabenow, Debbie Ann [D]
Not Voting CA-13 Stark, Fortney [D]
Yea TX-17 Stenholm, Charles [D]
Yea OH-6 Strickland, Ted [D]
Yea MI-1 Stupak, Bart [D]
Yea TN-8 Tanner, John [D]
Yea CA-10 Tauscher, Ellen [D]
Nay MS-5 Taylor, Gene [D]
Yea MS-2 Thompson, Bennie [D]
Yea CA-1 Thompson, C. [D]
Nay FL-5 Thurman, Karen [D]
Nay MA-6 Tierney, John [D]
Yea NY-10 Towns, Edolphus [D]
Yea OH-17 Traficant, James [D]
Yea TX-2 Turner, James [D]
Yea CO-2 Udall, Mark [D]
Yea NM-3 Udall, Tom [D]
Yea NY-12 Velazquez, Nydia [D]
Yea IN-1 Visclosky, Peter [D]
Nay CA-35 Waters, Maxine [D]
Yea NC-12 Watt, Melvin [D]
Nay CA-29 Waxman, Henry [D]
Yea NY-9 Weiner, Anthony [D]
Yea FL-19 Wexler, Robert [D]
Yea RI-2 Weygand, Robert [D]
Yea WV-2 Wise, Robert [D]
Nay CA-6 Woolsey, Lynn [D]
Yea OR-1 Wu, David [D]
Yea MD-4 Wynn, Albert [D]
Yea MN-4 Vento, Bruce [D]
Yea VA-5 Goode, Virgil [D]
Not Voting CA-31 Martinez, Matthew [D]
Nay VT-0 Sanders, Bernard [I]
Yea AL-4 Aderholt, Robert [R]
Yea TX-7 Archer, Bill [R]
Yea TX-26 Armey, Richard [R]
Yea AL-6 Bachus, Spencer [R]
Yea LA-6 Baker, Richard [R]
Yea NC-10 Ballenger, Cass [R]
Yea GA-7 Barr, Bob [R]
Yea NE-3 Barrett, Bill [R]
Yea MD-6 Bartlett, Roscoe [R]
Nay TX-6 Barton, Joe [R]
Yea NH-2 Bass, Charles [R]
Yea VA-1 Bateman, Herbert [R]
Not Voting NE-1 Bereuter, Douglas [R]
Yea IL-13 Biggert, Judy [R]
Yea CA-49 Bilbray, Brian [R]
Yea FL-9 Bilirakis, Michael [R]
Yea VA-7 Bliley, Tom [R]
Yea MO-7 Blunt, Roy [R]
Yea NY-23 Boehlert, Sherwood [R]
Yea OH-8 Boehner, John [R]
Yea TX-23 Bonilla, Henry [R]
Yea CA-44 Bono Mack, Mary [R]
Yea TX-8 Brady, Kevin [R]
Yea TN-7 Bryant, Ed [R]
Yea NC-5 Burr, Richard [R]
Yea IN-6 Burton, Dan [R]
Yea IN-5 Buyer, Stephen [R]
Yea AL-1 Callahan, H. [R]
Yea CA-43 Calvert, Ken [R]
Yea MI-4 Camp, David [R]
Nay CA-15 Campbell, Tom [R]
Yea FL-12 Canady, Charles [R]
Yea UT-3 Cannon, Christopher [R]
Yea DE-0 Castle, Michael [R]
Yea OH-1 Chabot, Steven [R]
Yea GA-8 Chambliss, Saxby [R]
Yea ID-1 Chenoweth-Hage, Helen [R]
Yea NC-6 Coble, Howard [R]
Yea OK-2 Coburn, Thomas [R]
Yea GA-3 Collins, Michael [R]
Yea TX-19 Combest, Larry [R]
Yea UT-2 Cook, Merrill [R]
Yea LA-5 Cooksey, John [R]
Yea CA-47 Cox, C. [R]
Yea IL-8 Crane, Philip [R]
Yea WY-0 Cubin, Barbara [R]
Yea CA-51 Cunningham, Randall [R]
Yea VA-11 Davis, Thomas [R]
Yea GA-9 Deal, Nathan [R]
Yea TX-22 DeLay, Thomas [R]
Yea SC-4 DeMint, Jim [R]
Yea FL-21 Diaz-Balart, Lincoln [R]
Not Voting AR-4 Dickey, Jay [R]
Yea CA-4 Doolittle, John [R]
Yea CA-28 Dreier, David [R]
Yea TN-2 Duncan, John [R]
Yea WA-8 Dunn, Jennifer [R]
Yea MI-3 Ehlers, Vernon [R]
Yea MD-2 Ehrlich, Robert [R]
Yea MO-8 Emerson, Jo Ann [R]
Yea PA-21 English, Philip [R]
Yea AL-2 Everett, Terry [R]
Yea IL-15 Ewing, Thomas [R]
Yea KY-6 Fletcher, Ernest [R]
Yea FL-16 Foley, Mark [R]
Yea NY-1 Forbes, Michael [R]
Yea NY-13 Fossella, Vito [R]
Yea FL-4 Fowler, Tillie [R]
Yea NJ-7 Franks, Bob [R]
Yea NJ-11 Frelinghuysen, Rodney [R]
Yea CA-23 Gallegly, Elton [R]
Yea IA-4 Ganske, Greg [R]
Yea PA-17 Gekas, George [R]
Yea NV-2 Gibbons, James [R]
Yea MD-1 Gilchrest, Wayne [R]
Yea OH-5 Gillmor, Paul [R]
Yea NY-20 Gilman, Benjamin [R]
Yea VA-6 Goodlatte, Robert [R]
Yea PA-19 Goodling, William [R]
Yea FL-14 Goss, Porter [R]
Yea SC-3 Graham, Lindsey [R]
Yea TX-12 Granger, Kay [R]
Yea WI-8 Green, Mark [R]
Yea PA-8 Greenwood, James [R]
Yea MN-1 Gutknecht, Gilbert [R]
Yea UT-1 Hansen, James [R]
Yea IL-14 Hastert, J. [R]
Yea WA-4 Hastings, Doc [R]
Yea NC-8 Hayes, Robin [R]
Yea AZ-6 Hayworth, John [R]
Nay CO-5 Hefley, Joel [R]
Yea CA-2 Herger, Walter [R]
Yea MT-0 Hill, Rick [R]
Yea TN-4 Hilleary, Van [R]
Yea OH-7 Hobson, David [R]
Yea MI-2 Hoekstra, Peter [R]
Yea CA-38 Horn, Stephen [R]
Yea IN-8 Hostettler, John [R]
Yea NY-31 Houghton, Amory [R]
Yea MO-9 Hulshof, Kenny [R]
Yea CA-52 Hunter, Duncan [R]
Yea AR-3 Hutchinson, Asa [R]
Yea IL-6 Hyde, Henry [R]
Yea GA-6 Isakson, John [R]
Yea OK-5 Istook, Ernest [R]
Yea TN-1 Jenkins, William [R]
Yea CT-6 Johnson, Nancy [R]
Yea NC-3 Jones, Walter [R]
Yea OH-12 Kasich, John [R]
Yea NY-19 Kelly, Sue [R]
Yea NY-3 King, Peter [R]
Yea GA-1 Kingston, Jack [R]
Yea MI-11 Knollenberg, Joseph [R]
Yea AZ-5 Kolbe, James [R]
Yea CA-36 Kuykendall, Steven [R]
Yea IL-18 LaHood, Ray [R]
Yea OK-1 Largent, Steve [R]
Yea IA-5 Latham, Thomas [R]
Yea OH-19 LaTourette, Steven [R]
Yea NY-2 Lazio, Rick [R]
Yea IA-1 Leach, James [R]
Yea CA-40 Lewis, Jerry [R]
Yea KY-2 Lewis, Ron [R]
Yea GA-11 Linder, John [R]
Yea NJ-2 LoBiondo, Frank [R]
Yea OK-6 Lucas, Frank [R]
Yea IL-16 Manzullo, Donald [R]
Yea FL-8 McCollum, Bill [R]
Yea LA-4 McCrery, James [R]
Yea NY-24 McHugh, John [R]
Not Voting CO-3 McInnis, Scott [R]
Yea IN-2 McIntosh, David [R]
Yea CA-25 McKeon, Howard [R]
Yea WA-2 Metcalf, Jack [R]
Nay FL-7 Mica, John [R]
Yea FL-13 Miller, Dan [R]
Yea CA-41 Miller, Gary [R]
Nay CA-7 Miller, George [R]
Yea KS-1 Moran, Jerry [R]
Yea MD-8 Morella, Constance [R]
Yea NC-9 Myrick, Sue [R]
Yea WA-5 Nethercutt, George [R]
Not Voting OH-18 Ney, Robert [R]
Yea KY-3 Northup, Anne [R]
Not Voting GA-10 Norwood, Charles [R]
Yea IA-2 Nussle, James [R]
Yea CA-3 Ose, Doug [R]
Yea OH-4 Oxley, Michael [R]
Yea CA-48 Packard, Ron [R]
Not Voting TX-14 Paul, Ronald [R]
Yea IN-7 Pease, Edward [R]
Yea PA-5 Peterson, John [R]
Yea WI-6 Petri, Thomas [R]
Yea MS-3 Pickering, Charles [R]
Yea PA-16 Pitts, Joseph [R]
Yea CA-11 Pombo, Richard [R]
Yea IL-10 Porter, John [R]
Yea OH-2 Portman, Robert [R]
Yea OH-15 Pryce, Deborah [R]
Yea NY-30 Quinn, Jack [R]
Not Voting CA-19 Radanovich, George [R]
Yea MN-3 Ramstad, James [R]
Yea OH-16 Regula, Ralph [R]
Yea NY-27 Reynolds, Thomas [R]
Yea AL-3 Riley, Bob [R]
Yea CA-27 Rogan, James [R]
Yea KY-5 Rogers, Harold [R]
Yea CA-45 Rohrabacher, Dana [R]
Yea FL-18 Ros-Lehtinen, Ileana [R]
Yea NJ-5 Roukema, Marge [R]
Yea CA-39 Royce, Edward [R]
Yea WI-1 Ryan, Paul [R]
Yea KS-2 Ryun, Jim [R]
Yea AZ-1 Salmon, Matt [R]
Nay SC-1 Sanford, Marshall [R]
Yea NJ-3 Saxton, H. [R]
Not Voting FL-1 Scarborough, Joe [R]
Yea CO-4 Schaffer, Bob [R]
Yea WI-9 Sensenbrenner, F. [R]
Yea TX-5 Sessions, Peter [R]
Yea AZ-4 Shadegg, John [R]
Yea FL-22 Shaw, E. [R]
Yea CT-4 Shays, Christopher [R]
Yea PA-10 Sherwood, Donald [R]
Yea IL-20 Shimkus, John [R]
Not Voting PA-9 Shuster, Bill [R]
Yea ID-2 Simpson, Michael [R]
Yea NM-2 Skeen, Joseph [R]
Yea NJ-4 Smith, Christopher [R]
Yea TX-21 Smith, Lamar [R]
Yea MI-7 Smith, Nick [R]
Yea IN-4 Souder, Mark [R]
Yea SC-2 Spence, Floyd [R]
Yea FL-6 Stearns, Clifford [R]
Yea AZ-3 Stump, Robert [R]
Yea NH-1 Sununu, John [R]
Yea NY-22 Sweeney, John [R]
Yea MO-2 Talent, James [R]
Yea CO-6 Tancredo, Thomas [R]
Yea LA-3 Tauzin, William [R]
Not Voting NC-11 Taylor, Charles [R]
Yea NE-2 Terry, Lee [R]
Yea CA-21 Thomas, William [R]
Yea TX-13 Thornberry, William [R]
Yea SD-0 Thune, John [R]
Yea KS-4 Tiahrt, Todd [R]
Yea PA-15 Toomey, Patrick [R]
Yea MI-6 Upton, Frederick [R]
Yea LA-1 Vitter, David [R]
Yea OR-2 Walden, Greg [R]
Yea NY-25 Walsh, James [R]
Yea TN-3 Wamp, Zach [R]
Yea OK-3 Watkins, Wes [R]
Yea OK-4 Watts, J.C. [R]
Yea FL-15 Weldon, David [R]
Yea PA-7 Weldon, W. [R]
Yea IL-11 Weller, Gerald [R]
Yea KY-1 Whitfield, Edward [R]
Yea MS-1 Wicker, Roger [R]
Yea NM-1 Wilson, Heather [R]
Yea VA-10 Wolf, Frank [R]
Yea FL-10 Young, C. W. [R]
Yea AK-0 Young, Donald [R]

So please, hit CTR+F or whatever brings up the search function on your browser and search your state abbreviation and see if any of these congressmen/women are from your district – and if so please remember to vote against them.


About agnophilo

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13 Responses to The Names Of The 415 Congressmen/Women Who Caused The Recession.

  1. We should just throw most of them out and start from scratch.  I loved the last election in 2010 and I hope to see a repeat in 2012.  I hope they hold everyone responsible on both sides for record deficits.  So everyone involved should be held responsible.

  2. agnophilo says:

    @TheTheologiansCafe – So now it’s just just the democrats because they had a majority when the economy collapsed?

  3. @agnophilo – I said everyone.  That would include any Republicans that have participated in increasing the deficits and participated in running spending through the roof with a continued policy of not increasing taxes across the board. 

  4. Nous_Apeiron says:

    I was going to vote against them anyway, but I like that you provided everyone the list so they can join the fun as well.  Good show. 

  5. tsh44 says:

    I find the list of the ones who were too cowardly to vote or too lazy to show up even more interesting than the other list. At least the others showed up and did their job, even if they didn’t do it the way we might have liked.

  6. The_ATM says:

    How did the repeal of the Glass-Steagall act cause the recession? The accused part of glass-steagall repealed was the seperation of commercial and investment banking. The corporations who took advantage of this were MORE stable during the downturn and less likely to need a bailout. Even if this wasn’t true, the SEC still had the ability to regulate mortgage backed securities and could have ended the housing bubble while it was being inflated. But of course, government can do no wrong if you are agno.So maybe you could explain how the repeal of Glass-steagall had more to do with the recession than artificially low interest rates from the FED (note that Greenspan intended to increase investment in housing among other things by keeping interest rates low)? Or how Glass-Steagall had more to do with the housing bubble than the CRA? Maybe if you are an extremist liberal or just ignorant you will believe the crap composing your post here, but the unbiased observer will wonder why you left out more significant causes of the recession. On that note, they will read “Piece of Propaganda”.

  7. agnophilo says:

    @TheTheologiansCafe – Deficit spending is a bad thing in and of itself (aside from it’s stabilizing effect on the economy in the short term), but it didn’t cause the recession.@Nous_Apeiron – I try : )@tsh44 – True.  And while some people aren’t economists their job is to figure this stuff out.@The_ATM – So letting banks become too big to fail (thus making us bail them out) made them require less bailouts?  If these regulations hadn’t been stripped away banks could’ve been allowed to fail without doing incredible damage to other sectors of the economy.  I’m not sure how trillions in bailouts is less than zero dollars in bailouts.  And I don’t see how you can read a blog impeaching the president and 77% of congress for incompetence and interpret that as “the government can do no wrong”.  I guess it takes as much intellectual dishonesty as reading a blog calling for 154 democrats to be kicked out of office and calling me an extremist liberal.  And I didn’t say it was the sole cause of the recession you tool, in fact I explicitly said the opposite.  Why don’t you come back and talk when your little temper tantrum is over.

  8. tsh44 says:

    @agnophilo – Yes, it is, they need to either know where they stand and vote it or get busy and figure out where they stand and vote it. I have no patience for those who’re are too lazy to do their job.

  9. The_ATM says:

    @agnophilo – “So letting banks become too big to fail (thus making us bail them out) made them requirelessbailouts?”But them being too big didn’t cause them to fail. The reason I am calling you an extremist liberal is the repeal of Glass-Steagall is how people who have been propagandized and people who are extremely biased explain the recession, even though it had basically zero to do with the recession. You didn’t explain AT ALL why Glass-Steagall caused the recession, but only why you think Glass-Steagall made it necessary to bailout banks ( note that a great deal of the bailout money went to investment firms like goldman sacs. ) Had the same amount of funds been loaned out and then securiterized as AAA by a bunch of small firms, it would have required, roughly, the same amount of bailouts to achieve the same effect. “Too big to fail”, is nonsense, as far as I am concerned, but I will leave that alone for now.So yeah, when you say something like “The largest single cause of the recession was the repeal of the Glass–Steagall Act of 1933”, but then can’t explain how “the repeal of Glass-Steagall” caused the recession but only explain why they supposedly made the bailouts necessary–yeah, you sound like a fully propagandized liberal. I wasn’t addressing the rest of your post. The people in Congress should be thrown out for reason besides your misunderstanding of a law being repealed.Another reason why extremist liberal is fitting is that you blame the repeal of regulation for something untrue, and then ignore the regulatory power of the SEC and it’s to stop the housing bubble. The next step is just to call for more regulation… liberals love their regulations, even if it is just faith they will help something.”Why don’t you come back and talk when your little temper tantrum is over.”Sorry, man, nothing emotional for me. Just giving discredit where discredit is due.

  10. agnophilo says:

    @The_ATM – When a few big banks which were engaging in risky business practices started to collapse they had their fingers in so many other pies other financial institutions started falling like dominoes.  The whole point of the regulations I was talking about is to keep these companies not just small, but keep them from being interconnected with other sectors of the economy to isolate the damage when they do collapse.  It’s analogous to the bees going extinct and taking every flowering plant with them vs an isolated species going extinct.  To use an extreme example, if  there are a thousand banks in the US and one of them goes under, it doesn’t threaten to destroy the economy.  But if there’s one bank and it goes under, it will destroy the economy.  The bigger the bank and the more sectors of the economy it’s attached to, the bigger the damage when it goes under.  The system is built to withstand shitty banks collapsing, not shitty mega-bank/investment firms/insurance companies collapsing and collapsing other banks that collapse other banks.The rest of your nonsense is just trying to make my blog about other things that it’s not about.  If you want to bitch about the SEC or regulations, go write your own blog.

  11. old_aldy says:

    Hello, I hope all is well with you. I see we have somethings in common. Why not support Ron Paul?  Check this out. I see from your list he’s not on it. Ron Paul is on this “audio” explaining why he didn’t vote for this. a blessed day!

  12. agnophilo says:

    @old_aldy – He is on the list actually as “not voting”.  In your video he claims (inaccurately) that he voted against it.

  13. APOKOLYPES says:

    there’s a book I’ve been reading called “Retirement Heist” you would enjoy, … well not enjoy per say but at least find a worthwhile readI’m not adept enough a historian in regards to the Glass–Steagall Act of 1933 yet to fully understand and make an educated comment on it’s impact. I am curious as to why you think our representatives may or may not have decided to vote the way they did. Corruption? Ineptitude? Were they mislead? (I’ve met a few of them, some aren’t all that smart either…)I’m also wondering what if any other events in recent history you might consider as being contributory to the present recession: IE) Clinton opening the doors to China for big business, stagnation of American infrastructure-technology-etc, Jr. Bush cutting government tax revenue effectively by 50% while starting major military expenditure, Downward spiral of the American education system

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