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2016 Postmortem

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(378 posts)
Fri Jun 3, 2016, 01:44 PM Jun 2016

"We're on an elevator straight to hell. Goin' down! [View all]

Matt Taibbi
Hillary Clinton's New Anti-Trump Ad Misses the Mark

Clinton accuses Trump of "rooting" for a crash caused by her own donors

A new attack ad put out by the Hillary Clinton campaign this week achieves the near-impossible, making Donald Trump look wronged and (almost) like a victim. More believably, it makes the Democrats look sleazy and disingenuous in comparison.

It proceeds to a series of grim scenes from the financial crisis. Against a Roger and Me-esque montage of blighted neighborhoods, it reads off stats: "9 million Americans lost their jobs. 5 million people lost their homes."

Then it returns to a grinning Trump, and another line:

"And the man who could be our next president…

was rooting for it to happen."

Then we hear Trump talking about how a bursting of the real-estate bubble would be an opportunity for rich folks like himself.

"I sort of hope that happens, because then people like me would go in and buy," Trump says, in an interview from 2006. "If there is a bubble burst, as they call it, you know, you could make a lot of money."

Cut to: "If Donald wins, you lose."

This ad is disingenuous in a dozen different ways. For one thing, the destruction that the Clinton campaign describes was not caused by people swooping in after the bubble burst, buying at the bottom of the market.

It was caused by the existence of a speculative bubble in the first place. And that bubble was inflated not by Donald Trump, but by the people who have at least in part bankrolled Hillary Clinton's career: namely, Wall Street banks.

Read more: http://www.rollingstone.com/politics/news/hillary-clintons-new-anti-trump-ad-misses-the-mark-20160525#ixzz4AXVM0Wc3
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