Thursday, January 26, 2012

What legislation did not pass during the '90s that gave us this mess?

I'm stumped. I pinned it on the 1995 revision to the Community Reinvestment Act. What legislation did not pass during the '90s that gave us this mess?Can think of a few things that did't pass but don't know the dates.



Anti-abortion for the last trimester of pregnancy.



Anti-aborion of abortion during birth. (partial-birth abortion).



Putting prayer back in the schools.



Judges can't distort the constitution or rule from the bench.



Bible reading in the schools (like a few verses first thing in the morning only which had been done in previous years).



The schools cannot teach sex education or pass out condoms.



Teachers should be allowed to touch children who need comfort and should be allowed free speech to share Jesus (not preach, but confirm the bible is true and Jesus is alive and God still answers prayer).



The Social Security fund cannot be robbed.What legislation did not pass during the '90s that gave us this mess?
Assuming you mean Fannie Mae and Freddie Mac, I cannot name a *specific* piece of legislation. However, since bleeding-heart liberals controlled both the Senate and the House throughout much of the '90s, sufficient oversight of the housing market was sadly lacking! So many of these "do-gooders" felt home ownership by people who could not *really* afford it should be part of the American Dream - which has now turned into a nightmare! I'd say that much more oversight of mortgage lending policies was needed than was forthcoming and that federal restrictions on high-risk mortgage lending was also too lax; as well as the fact that the heads of these quasi-federal agencies receiving obscenely high unwarranted salaries and bonuses.What legislation did not pass during the '90s that gave us this mess?http://z.about.com/d/politicalhumor/1/0/z/e/1/bush_clown.jpgWhat legislation did not pass during the '90s that gave us this mess?
Anything at all about regulating and monitoring of finanacial markets obviously.What legislation did not pass during the '90s that gave us this mess?Abolishing the fed.
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