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Old 09-19-08, 11:18 AM   #14
Zayphod
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Quote:
Originally Posted by August
Quote:
Originally Posted by Zayphod
Who was in charge of Congress when the earlier bailouts were proposed?
Who proposed them?
Who approved them?
Oops missed this first part

It depends on which ones you're talking about. The Chrysler bailout in 1979 for example was during a Democrat presidency and a Democrat controlled congress. The Dems controlled congress all through the Reagan and Bush Sr years and lost control iirc during Clintons second term. The Republicans controlled Congress from then until half way through Bush's 2nd term (2006).
Understood.
Who was suggesting the Savings and Loan bailouts then?
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