2016 Postmortem
Related: About this forumThe Most Disingenuous Attack On Bernie Yet..
Since Hillary decided to bring this bill up again last night let's correct the record a bit.
Hillary Blames Bernie for an Old Clintonite Hustle, and Thats a Rotten Shame
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, youre 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.
{snip}
Today, Gensler is the top economic adviser to Hillary Clintons presidential campaign. And the CFMAkey legislation that was one of the main causes of the collapse in 08, enabling the great recessionis 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.
http://www.commondreams.org/views/2016/01/19/hillary-blames-bernie-old-clintonite-hustle-and-thats-rotten-shame
Doctor_J
(36,392 posts)voters are going to associate her, and not Bernie, with Wall Street. In fact every time the phrase "Wall Street" is mentioned, she loses a few voters.
UglyGreed
(7,661 posts)take the time to look into it and see her connections to Gensler.
bigwillq
(72,790 posts)Indeed.
kenn3d
(486 posts)This bold-faced distortion was masterfully delivered before a tv audience which unfortunately will be largely convinced by it, and many will be persuaded against Sen.Sanders.
The nuances of political chicanery involved in the passing of many such complex bills is way beyond the understanding of the casual citizen. But Hillary's accusation against Bernie is way beyond disingenuous. It's utter hypocrisy. Clinton knows full-well that she was (though not in a position as FLOTUS to vote on it) a major proponent of this ugly legislation for which her husband bears the bulk of the blame. And the entire congress was manipulated into passing it. Bernie just happened to be the only one on that stage last night who voted for it.
This was disgusting political hypocrisy at its worst.
Fortunately, some commentators will expose her for this, and some voters will understand how devious this was.
Our choice is so clear.
UglyGreed
(7,661 posts)Yes it is and thank you for the reply.
bvar22
(39,909 posts)I liked her better in 2008.
Glad I wasn't forced to vote for her then.