Shawn Dixon September 24th, 2008

A report today in the Herald Leader points out that all of the Republicans in Kentucky’s delegation voted for the deregulation bill in ‘99 that led to our current economic crisis. There are some real gems in the story.

Jim Bunning had this to say in ‘99:

“You could deal with one company for all your financial services needs,” Sen. Jim Bunning, R-Ky., said at the time, praising the Financial Services Modernization Act. “All the other major countries already have their financial industry set up that way. We’d just be catching up.”

The story also noted what we pointed out earlier this week, that Mitch McConnell has taken millions of dollars from the same folks who have put us in this financial mess.

McConnell, the Senate Republican leader, collected more than $4.3 million in donations from the financial sector in the last 20 years, according to a report issued Tuesday by the Center for Responsive Politics, a non-partisan watchdog group.

Good work on the part of the Herald Leader.

• Mitch McConnell
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