"blue team had the opportunity to do something with the banks in 09-10"
no, what blue team really had has blue dog senators that precluded 60 votes.
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"blue team had the opportunity to do something with the banks in 09-10"
no, what blue team really had has blue dog senators that precluded 60 votes.
A lame excuse designed to cover blue team's complete disinterest in breaking up the TBTF's.
I didn't say the Dems would have broken up the TBTFs, you did.
I said if TBTF breaking up were to come, it would come from the Dems and never the Repugs, but even if the Dems wanted to, they couldn't get 60 in the Senate due to DINO blue dogs.
Yet the majority of the political opposition to bailing out the TBTF's came from republicans and I can think of at least two republican presidential candidates who are at least talking about breaking up the TBTF's.....
Volcker is for it, there seemed to be a pretty decent chance of getting some republican support for it. The situation seemed right for Obama to at least make an attempt at breaking up the TBTF's, but no.............