The real question to ask Mike Thompson on Thursday in Lakeport at 9 a.m. at his round table discussion is why he voted for Gramm/Leach/Bliley bill in 1999 – H.R. 10.
This is the bill that essentially deregulated the banking industry and repealed Glass/Steagal leading to the financial meltdown we are now experiencing and burdening generations to come with this fiscal malfeasance.
Of course the bill was greatly favored by the Republican Party. But they could not have gotten to their goal without the enabling of Mike Thompson and Bill Clinton.
Thus proving, there truly isn't a dime's worth of difference between either party when it comes to sticking to We The Poor Taxpaying Shmucks and financial hijinks and deregulation.
Donna Christopher lives in Lucerne.