Congress is now reviving a proposal killed last year by Senator Phil Gramm, the Texas Republican who was then chairman of the Senate Banking Committee. The bill, introduced by the Clinton administration, would give the Treasury secretary broad power to bar foreign countries and banks from access to the American financial market unless they cooperated with money-laundering investigations. It was strongly opposed by the banking industry and Mr. Gramm."I was right then and I am right now" in opposing the bill, Mr. Gramm said yesterday. He called the bill "totalitarian" and added, "The way to deal with terrorists is to hunt them down and kill them."
from http://www.nytimes.com/2001/09/20/business/20MONE.html?searchpv=past7days
I find it wryly funny that in Mr. Gramm's mind, a money-laundering bill is "totalitarian," but hunting down people and killing them is not.
Ginny
"If you love someone, set them free; if they come home, set them on fire." --George Carlin