Hillary said the truth. SBS voted for a bailout bill that did NOT pass. Sen. Peters set the record

[lunamagica]

straight on the Hayes show tonight. You can see the video at:http://www.msnbc.com/all (I'm sorry I can't point directly at the video, but you can click on it. it is called "Clinton says Sanders was against the auto bailout - true?&quot Sanders shouldn't be taking credit (today) for the bailout which saved he auto industry. Again, he voted for an auto bailout which FAILED. Don't you think that if he had voted yes on the bill that was approved, he would have said so in the debate? Instead, every time the subject came up, he deflected, deflected. deflected...

(APPLAUSE)

Now let me get back to what happened in January of 2009. The Bush administration negotiated the deal. Were there things in it that I didn’t like? Would I have done it differently? Absolutely.

But was the auto bailout money in it — the $350 billion that was needed to begin the restructuring of the auto industry? Yes, it was. So when I talk about Senator Sanders being a one-issue candidate, I mean very clearly — you have to make hard choices when you’re in positions of responsibility. The two senators from Michigan stood on the floor and said, “we have to get this money released.” I went with them, and I went with Barack Obama. You did not. If everybody had voted the way he did, I believe the auto industry would have collapsed, taking four million jobs with it.

(APPLAUSE)

COOPER: Senator Sanders?

SANDERS: I believe that the recklessness, the greed, and the illegal behavior of Wall Street drove this country into the worst economic downturn in the history of the United — modern history of the United States of America. And I will be damned if it was the working people of this country who had to bail out the crooks on Wall Street.

(APPLAUSE)

And what I proposed — and I had an amendment that was defeated — it was defeated by a voice vote on the floor of the Senate — that said to those people on the top who benefited from Wall Street greed — I said, “you pay for the bailout. Don’t go to my constituents, who are struggling to make ends meet.”

In terms of the auto bailout, of course that made sense. In terms of the stimulus package, of course that made sense, and I strongly supported President Obama’s position on that.SANDERS: But let us be clear, one of the major issues Secretary Clinton says I’m a one-issue person, well, I guess so. My one issue is trying to rebuild a disappearing middle class. That’s my one issue.

(APPLAUSE)

COOPER: Senator Sanders...

CLINTON: Well, all I can say is that given the terrible pressures that the auto industry was under and that the middle class of this state and Ohio and Indiana and Illinois and Wisconsin and Missouri and other places in the Midwest were facing, I think it was the right decision to heed what President-elect Obama asked us to do.

He sent a letter, an authorized letter, asking us to support that to save the auto industry. Yes, were there things in it that you and I would not have necessarily wanted? That’s true. But when it came down to it, you were either for saving the auto industry or you were against it. I voted to save the auto industry. And I am very glad that I did.

(APPLAUSE)

SANDERS: Let me just say this, while we are on Wall Street, one of us has a super PAC. One of us has raised $15 million from Wall Street for that super PAC. One of us has given speeches on Wall Street for hundreds of thousands of dollars. Now, I kind of think if you get paid a couple hundred thousand dollars for a speech, it must be a great speech. I think we should release it and let the American people see what that transcript was.

(APPLAUSE)

---------------

[Cha]

1. Of course she did, lunamagica.. Hillary is smart and Presidential.. she sure as hell wouldn't try

to present fake news on BS.

[LoveMyCali]

3. Exactly

For one thing it isn't hard to look up voting records and secondly wouldn't he have said something if she was telling a bold faced lie?

[Agnosticsherbet]

4. Sadly, confirmation bias will lead those who support Sanders to accept what he says.

Look in GD-P, they will not check, just post their own story.

[SunSeeker]

8. They refuse to acknowledge the facts.

http://www.democraticunderground.com/?com=view_post&forum=1251&pid=1438865

[Cha]

11. Oh I know it.. and they intrude in here and try to say what they see on the front

page is "gospel".

Well NO it's NOT.

[Agnosticsherbet]

13. True believers need a gospel. The rest of us deal with facts.

[William769]

2. And yet some people are trying to rewrite history.

That's what happens when you have a failed candidacy.

[EileenFB]

5. This right here

[Cha]

12. And, that's one of the reasons it failed in the first place.

[Lucinda]

6. KNR

[Carlo Marx]

7. He supported and voted for bailing out the auto industry.

And you guys wonder why Hillary is perceived to be the most dishonest and untrustworthy candidate in modern history. Go ahead: deny, deflect and make up conspiracy theories as to why your candidate is perceived as a flip flopping liar willing to say anything for personal gain.

[SunSeeker]

9. He did not vote for the auto bailout that actually got enacted.

He voted for an earlier "auto bailout only" bill that died because no Republican would vote for it. So the auto bailout money was slipped into the TARP bill, which did pass, but Sanders voted No. So, he was still against the only auto bailout bill that had a chance of passage.

You're the one denying, deflecting, making shit up and throwing around conspiracy theories. Please take that drek elsewhere.

It is your candidate who is being dishonest and rude, like you, coming in the Hillary Group to insult us and our candidate--when you don't even have your facts straight.

[KitSileya]

10. Voted for a bill he knew wouldn't pass

but when others managed to get a bill that would pass, he voted no to keep his political purity - that was more important than the people working for the auto industry and all the people with 401Ks on Wall St. That is why he is dishonest - he had no intention of voting for a bill that would actually pass, he doesn't want to get his hands dirty with reality politics.

So you guys are the dishonest ones here.

[Cha]

14. No, he didn't.. not the one that got passed. He wasn't helpful.

We know why... because those with an agenda keep saying it. That doesn't change reality.

[HuskyOffset]

16. Mr Trump, is that you?

[Thinkingabout]

22. We see who did voted NAY on the bill which provided the auto bail out,

Sanders voted nay, sad, jobs would have been lost never to return, middle class families would have been effected. Sad

[riversedge]

17. It is clear that Hillary said and she was talking about RELEASING the money bill....

When the context is left out of the discussion--Sanders fans can make up stuff all the time.




...................The bank bailout was so big it had to be doled out in portions. In January 2009, Senate Republicans tried to block the Treasury Department from releasing the second half of the money, some of which was designated for the auto industry. Sanders, based on his opposition to the Wall Street bailout, voted against releasing that money as well.

That vote gave Clinton the opening she needed to hit Sanders as anti-auto bailout on Sunday. "If everybody had voted the way he did, I believe the auto industry would have collapsed, taking 4 million jobs with it," she said.

(Side note: Having your votes picked apart by opponents is one reason why it's tough to run for president as a senator.)

Clinton is technically correct that Sanders voted against releasing the money that went to the auto bailout, but Sanders can also correctly argue that he supported the auto bailout when it wasn't tied to the Wall Street one.

This back and forth likely isn't going anywhere; expect both to claim as much over the next few days.

https://www.washingtonpost.com/news/the-fix/wp/2016/03/07/the-hillary-clinton-bernie-sanders-debate-over-the-auto-bailout-explained/

[riversedge]

18. Just saw on msnbc--from Monday night.... Sanders at a rally at t Michigan

State University---Sanders said what --Clinton said about the bailout was False---and the crowd of 7000 roared.

[lunamagica]

19. Can't he and his fans see how inept that makes him look? Why didn't he jump to say that

AT THE DEBATE?

Of course, he couldn't. He knew perfectly well what what she was talking about, and he couldn't lie to her face...now lying behind her back, when she can't respond...that's OK

And this guy is supposed to bee the paragon of virtue and honesty?

[MSMITH33156]

20. He gets away with a gaffe a day

because no one thinks he'll actually win.

[MSMITH33156]

21. This is correct

What happened is:

1) He supported an auto bailout by itself. That had no chance of passing.

2) What did eventually pass had an auto bailout WITH a wall street bailout. He voted against that.

The summary is this: Bernie is an extremist. He is so anti-Wall Street that in order to teach them a lesson, he was willing to let the auto industry die. We don't need an extremist.

And, it's so easy to say now, after the bailout of the auto industry and bailout of Wall Street saved us from a complete economic collapse, that we shouldn't have done it. We had several major banks close because there were runs on banks...in 2008! This isn't the 1920s. Yes, Wall Street created the mess. Yes, they deserved blame. Yes, they did NOT deserve the bailout.

BUT the US economy needed that bailout. If we let all those banks collapse, it would have ruined the economy for normal people to an unimaginable extent. That is precisely why Dodd-Frank was passed. Because it allows for more oversight and control, so that IF this happens again, we are able to break up the banks BEFORE it gets to criticality, so that we won't have to bail them out again. But make no mistake, given the situation in 2008-09, this was 100% necessary to prevent a second Great Depression.

In fact, it was SO urgent, that Obama, a week before inauguration, had to urge the newly elected Congress to vote for this, even when he wasn't in office yet. He said it can't wait until I'm president. We have to do it now, and right now. And Sanders STILL voted against it, because he'll throw the baby out with the bath water to get one over on Wall Street. It's completely irresponsible.

[Fla Dem]

23. It really is so obvious when you see it in print what a one note candidate BS is.

Always falls back on his Wall Street talking points when he can't defend his actions.

Thanks for posting.

[sufrommich]

24. This fact is obvious to anyone who isn't trying

to sugar coat it. He voted against it the second time...when it actually mattered.