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The bank bailout was 2008, proposed and lobbied for by the Bush administration. It passed the House with support from 45% of Republicans and the Senate with sup
by Rekksu 4y ago
The bank bailout was 2008, proposed and lobbied for by the Bush administration. It passed the House with support from 45% of Republicans and the Senate with support from 69% of Republicans. Generally considered bipartisan, it almost certainly saved the financial industry. It's not clear what you mean by "a general assessment in correlating level of education in finance/econ to party bases".
https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008#Legislative_history https://en.wikipedia.org/wiki/Emergency_Economic_Stabilizati...
https://clerk.house.gov/evs/2008/roll681.xml https://clerk.house.gov/evs/2008/roll681.xml
https://www.govtrack.us/congress/votes/110-2008/s213 https://www.govtrack.us/congress/votes/110-2008/s213
- mcrad 4y agoYep, and so began the golden age of fraud we now experience, and the backdrop for this SBF story. 100% agree that the bailout was bi-partisan and necessary though.