FORBES: "Clinton's Charge That Sanders Did Not Support Auto Rescue Is Wrong"

[Triana]

Pay close attention now, Hillary folks, because given the actual FACTS, this was at BEST a disingenuous attack on Sanders.

Secretary Clinton is chastising Sanders in the Motor State for not voting for the bill that created the funding for an auto bailout. Except, it wasn’t known that the Troubled Asset Relief Program (TARP) bill, designed to bail out Wall Street banks from their subprime mortgage loan debacle that was crashing the economy, would be used to rescue the auto industry at the time Senators Sanders and Clinton voted on it. Clinton voted yay. Sanders voted nay. It was President Bush who signed the bill into law.

Later, in December 2008, the Senate took up a separate bill that would have provided rescue funds specifically for the auto industry. That bill failed to get the 60-vote filibuster-proof minimum when Republicans balked at saving General Motors GM +1.43%, Ford and Chrysler, in large part because they wanted to use the occasion to try and destroy the United Auto Workers union, which stood to benefit from a bailout by having their healthcare fund and pensions protected, and its interests prioritized over bond holders. Both Clinton and Sanders voted for this bill.

THE REST:

http://www.forbes.com/sites/davidkiley5/2016/03/07/clintons-charges-that-sanders-did-not-support-auto-rescue-is-wrong/#38ec4069582b

[Hoyt]

1. Had Sanders' nay prevailed, what would have happened?

[rhett o rick]

4. Do you have a statement instead of an insinuating question?

[Hoyt]

5. Yes, Sanders risked defeating the auto bailout because of his hatred for banks which were going to

need a bailout too to prevent a depression.

Is that easier for you to comprehend?

[ljm2002]

7. You must have missed the part...

...where they say:

Except, it wasn’t known that the Troubled Asset Relief Program (TARP) bill, designed to bail out Wall Street banks from their subprime mortgage loan debacle that was crashing the economy, would be used to rescue the auto industry at the time Senators Sanders and Clinton voted on it.

Therefore, his vote against TARP had nothing, nada, zilch to do with the auto bailout. Unless you want to fault him for not having a time machine or a crystal ball to see the future (which I would not be surprised if you or others came up with that).

So your statement that "Sanders risked defeating the auto bailout because of his hatred for banks which were going to need a bailout too to prevent a depression" is, quite simply UNTRUE. Or to put it another way, it is a SCURRILOUS LIE.

[Triana]

8. The article states that NETHER SANDERS nor Clinton knew the auto bailout money

was in the TARP bill.

So you're blaming him for voting against something he didn't even KNOW was there? AND, something which he later voted FOR in a separate bill? That hardly seems fair.




EDIT: the word I used to describe this attack was disingenuous. And it is. I'll stick with that.

[Hoyt]

9. I cannot believe he didn't know that, article or not?

[Triana]

12. Since he supported the later bill for bailing out the auto industry

I don't think it's so hard to believe. Plus, the way bills in Washington get every damned thing including the commode and the kitchen sink tossed into them often unbeknownst to even the people voting for or against them, I'm hardly surprised, either.

[jillan]

14. TARP was written too bail out wallstreet & the other banksters. NOT for the auto industry.

TARP was written under the Bush Administration.

I know facts are pesky little things!!

[pdsimdars]

13. Man, you guys seem to buy the Hillary talking points and take them down to your soul

Even when you are told that that Wall Street bailout bill had nothing to do with the auto bailout . . . until Obama decided long after it was passed to use some of the WS bailout funds for the auto bailout.
What that means is that Hillary voted FOR Wall Street and the auto bailout.
And Bernie voted AGAINST Wall Street and FOR the auto bailout.

LATER, after Bush signed it, Obama used the funds for the auto industry.

[jillan]

15. I have come to the conclusion that they are willfully ignorant.

They refuse to see what is right in front of them.

How many more times do we have to explain this?

[Jenny_92808]

2. Hillary unfortunately has chosen

to LIE repeatedly. As a voter, this turns me off big time.

[malletgirl02]

3. She has the nerve

to say that she his hurt because people don't find her trustworthy. Maybe she would have a higher trust rating if she didn't lie.

[Uncle Joe]

6. Kicked and recommended.

Thanks for the thread, Triana.

[Rosa Luxemburg]

10. Well thanks Forbes

[amborin]

11. K&R

[AzDar]

16. She's a serial LIAR. Unfit for office...