Over the weekend, Bob Brinker of Money Talk fame (ABC Radio Network SA/SU 4 PM to 7 PM EDT) laid blame on Phil Gramm for the repeal of the Glass-Steagull Act in 1999 and all of his Repbulican cronies for pushing for the repeal which lead investment bankers into full banking and full banks into investment banking.

There's a reason why the depression era oversight sucessfully lasted over 50 years and it only took less than 10 years for the walls of Wall Street to come crashing down all around the money grubbers once it was repealed.

Now Wall Street is whining. Too bad you money grubbers!

How low will the DOW go? wink

Contrarian, extraordinaire