Hillary Clinton
Related: About this forumStephen Colbert asked Hillary Clinton if she'd let big banks fail: 'Yes, yes, yes, yes, yes, yes'
Last edited Wed Oct 28, 2015, 06:54 AM - Edit history (2)
She's all Halloween, Happy!
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Hillary Clinton told late-night host Stephen Colbert on Tuesday that she would not bail out banks if confronted with another crisis caused by risky behaviour in the financial industry.
When asked by the Late Show host Colbert if she would allow banks to fail in the case of another financial industry meltdown, Clinton had an unequivocal answer.
Yes, Clinton said, nodding. Yes, yes, yes, yes, yes, yes.
The former secretary of state qualified her answer, saying that mandates included in the 2010 Dodd-Frank financial-reform package would safeguard against a situation like the 2008 collapse.
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Citing praise from New York Times columnist Paul Krugman, Clinton said her financial-industry regulation plan, released earlier this month, is the most comprehensive plan of any candidate. She argued the plan does not just focus on major banks, instead ensuring that risky behaviour perpetrated by other large sectors of the finance industry like insurance companies dont threaten to cause a systemic collapse.
http://www.businessinsider.com.au/hillary-clinton-stephen-colbert-big-banks-fail-2015-10
UPDATE: Vid~
[font color=blue]Hillary's Group~[/font]
NanceGreggs
(27,813 posts)... and R!
Cha
(297,067 posts)chillfactor
(7,573 posts)Hillary did herself proud and had a great deal of applause from the audience.
Cha
(297,067 posts)Thank you!
shenmue
(38,506 posts)Cha
(297,067 posts)"Hillary"!
Cha
(297,067 posts)Hekate
(90,626 posts)Hillary is looking and sounding liberated!
Cha
(297,067 posts)George II
(67,782 posts)William769
(55,144 posts)Cha
(297,067 posts)upaloopa
(11,417 posts)we just reply with it so Hillary can speak for herself.
riversedge
(70,182 posts)Thinkingabout
(30,058 posts)Let Sanders continue to rant about Glass Stegall, Hillary has said Dodd Frank needs some tweaking and at least it will break up the banks if they allow the bank to fail which is another item shouting is happening.
She is a joy to watch, a leader, a candidate who has an agenda and a way to get the work completed. Sharing her agenda is more important to our future than whining about an issue which has been decided by the SC.
Cha
(297,067 posts)George II
(67,782 posts)That was a wonderful interview!!
Cha
(297,067 posts)Agschmid
(28,749 posts)Cha
(297,067 posts)mcar
(42,295 posts)Loved the Halloween costumes!
sheshe2
(83,712 posts)Will watch tonight!
Cha
(297,067 posts)Sheepshank
(12,504 posts)she can articulate make sense strategies to protect the economy. I really don't want to EVER bail those hosers out EVER again.
George II
(67,782 posts)....where does she get all that energy??? Amazing woman.
Cha
(297,067 posts)Kelvin Mace
(17,469 posts)its that she keeps cashing the checks from the financial industry that matters. When she starts giving the checks back, then I'll believe she is serious.
Cha
(297,067 posts)Starry Messenger
(32,342 posts)Watched last night. I also loved that she is a House of Cards fan like President Obama. I wonder if they ever critique the show.