Bill Clinton’s Legacy of Denial <- architect of financial catastrophy

ROBERT SCHEER POINTS OUT TO ALL WHO WILL LISTEN HOW BILL CLINTON WAS NEVER A HERO, NOR A "GOOD" DEMOCRAT.  HE SOLD US ALL DOWN THE RIVER FOR FEEL GOOD AND PROFIT.  THE TECH BOOM WOULD HAVE HAPPENED WITH OR WITHOUT THIS SLICK CRIMINAL:



"...never once refers to the home mortgage collapse and other manifestations of Wall Street greed that he enabled as president...

...Endorsing the Republican agenda of financial industry deregulation, reversing New Deal safeguards, President Clinton pursued policies that in the long run created more damage to the American economy than any other president since Herbert Hoover, whose tenure is linked to the Great Depression...

With an all-time high of 44 million Americans living below the poverty line, Clinton once again brags of his success in ending the federal welfare program...

In signing the Financial Services Modernization Act, which broke down the barrier between high-rolling Wall Street investment firms and consumer banks carrying the deposits of ordinary folk...

So much for the “modernizing” that Clinton had bragged about.

A year later a variation of that same word appeared in the title of the Commodity Futures Modernization Act, which Clinton signed and which exempted from government regulation all of the collateralized debt obligations and credit default swaps that would later prove so toxic...

As with so much in the Clinton record, the former president remains in deep denial over having any culpability for his misdeeds...."

GO.READ