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Phil Gramm

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wonkroom.thinkprogress.org - 2/20/2009

The Phil Gramm Rehabilitation Tour Is Underway

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Today, Phil “ mental recession ” Gramm has an op-ed in the Wall Street Journal disputing the notion that the deregulation he promoted while in the Senate had anything to do with the financial crisis. Gramm — the poster child for a movement defending deregulation and blaming ...

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Phil ‘mental recession’ Gramm attempts to resuscitate his reputation.
Think Progress — ... in the Wall Street Journal denying that the deregulation he promoted had anything to do with the financial crisis. Gramm relied on a series of tired conservative tropes — like ...

Gramm should not be allowed out to play
Political Animal — ... Given privileged status by Fannie Mae as a reward for "the most flexible underwriting criteria," it became the world's largest mortgage lender -- until it became the first major casualty of the financial crisis. [...] Yet it is amazing how well the market for credit default swaps has functioned during the financial crisis. Yes, Gramm's pitch includes discredited Republican talking points about CRA and Fannie Mae, followed by a defense of credit default swaps. Two things. First, Gramm's completely wrong . Second, Gramm's return from exile is entirely too soon. For a man ...

Phil Gramm's Extreme Makeover
Crooks and Liars — ... noted, Gramm in his extreme makeover pointed the finger at the right-wing's usual suspects. In Gramm's revisionist history, Fannie and Freddie, the Community Reinvestment Act and, above all, the poor are responsible for the nation's economic plight. Three months after the New York Times concluded "deregulator looks back, unswayed," ...

CNBC hires former Bush flack Tony Fratto.
Think Progress — ... and then argued that admitting the U.S. is in a recession was “relatively irrelevant.” Garofalo asks CNBC, “Was Phil ...