From the lapidary “TinyRevolutions dot com”:
William Greider explains how the Citibank catastrophe comes to us courtesy of our beloved former president. We must elect Hillary so we can experience even more massive financial disasters.
CorrenteBoldly shrill ... From the Side-by-Side Wing Chairs of The Mighty Corrente Building.
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Those Clenis Years: "New Dems" & The CitiCorp Sub-Prime Debacle
Submitted by Woody--Tokin Librul on Wed, 2007-11-07 10:00.
From the lapidary “TinyRevolutions dot com”: William Greider explains how the Citibank catastrophe comes to us courtesy of our beloved former president. We must elect Hillary so we can experience even more massive financial disasters. »
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There Is Still A Difference with The Clenis
No doubt that Clinton and Gore were influenced by corporate America in certain regrettable regards, although the creation of financial instruments that are then bought and sold not to customers but to other corporate entities was well on its way during the Reagan-Bush years.
Another such mistake was NAFTA and the Omni Communications legislation.
Here’s the difference. One can already see that Bill Clinton in his post-presidency has begun to understand some of those problems. Gore even more clearly.
However, these are important questions to present to Hillary - something our press is preturnaturally incapable of doing. That’s why it pains me to see either Obama or Edwards going after Hillary on issues framed by the rightwing through-out the Clinton years, which were largely untrue.
Bill Clinton, saddled after two years with a rightwing Republican congress determined to undermine his presidency wasn’t able to tackle many of the underlying problems of inequality in our Republican economy. He did make sure that there was a better spread of the emerging economic boom, which accounts for the progress we made during those years in abating poverty, all now reversed by Bush. What wasn’t changed during those years was the on-going transfer of economic assets to a smaller and smaller pool of people at the top.