Hillary Blames Bernie for an Old Clintonite Hustle, and That’s a Rotten Shame
Last edited Thu Jan 21, 2016, 02:59 AM - Edit history (1)
The Clintons have no shame, that much you can count on. That stupefying arrogance was on full display in the most recent presidential campaign debate when Hillary Clinton countered Bernie Sanders’ charge that she was compromised by her close ties to Goldman Sachs and other rapacious Wall Street interests with the retort: “Sen. Sanders, you’re the only one on this stage that voted to deregulate the financial markets in 2000, ... to make the SEC and the Commodity Futures Trading Commission no longer able to regulate swaps and derivatives, which were one of the main causes of the collapse in ’08.”
Hillary knows that the disastrous legislation, the Commodity Futures Modernization Act (CFMA), had nothing to do with Sanders and everything to do with then-President Bill Clinton, who devoted his presidency to sucking up to Wall Street. Clinton signed this bill into law as a lame-duck president, ensuring his wife would have massive Wall Street contributions for her Senate run.
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Eight years later, when President Obama nominated Gensler to head the Commodity Futures Trading Commission, it was Sanders who put a temporary hold on the nomination, stating: “Mr. Gensler worked with Sen. Phil Gramm and [former U.S. Federal Reserve Chairman] Alan Greenspan to exempt credit default swaps from regulation, which led to the collapse of AIG and has resulted in the largest taxpayer bailout in U.S. history.”
Today, Gensler is the top economic adviser to Hillary Clinton’s presidential campaign. And the CFMA—key legislation that was “one of the main causes of the collapse in ’08,” enabling the great recession—is an enormous embarrassment that her husband on occasion reluctantly has conceded was drafted by his top aides and signed into law by him with great enthusiasm.
more...
http://www.commondreams.org/views/2016/01/19/hillary-blames-bernie-old-clintonite-hustle-and-thats-rotten-shame
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Also, Hillary and O'Malley weren't in the senate at the time so it would have been an impossible feat for either of them to have voted on this bill. Very disingenuous for her to make that stateement to make it sound as if she had had the option to vote on it but chose not to. Also, only four people voted no on it. Rand Paul and three other House members. So is Hillary a "Paulbot" (as some DUers like to call anyone who ever agrees on Paul on even just one thing) now?
Why can't Hillary debate honestly? Why must she resort to dirty politics all the time? We know how badly she wants to be president, she's showing us with this campaign of desperation and lies.
EDITED TO ADD:
Garry Gensler: Gensler was the Commodity Futures Trading Commission chairman in . Gensler is a former Goldman Sachs partner. He is currently Clinton's chief financial officer.
https://ballotpedia.org/Hillary_Clinton_presidential_campaign_key_staff_and_advisors,_2016
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= new reply since forum marked as read
It is a shame and it is hurting the Democratic Party. Guess someone forgot about social media and how google works, not to mention fact check. I thought Hillary was smarter than this, but nooooo.
Thanks for the post and information, cui bono.
By "circles" I mean:
