Bill Clinton was always able to pull off the “I’m just a great guy, looking out for you” persona, which wife Hillary is not nearly as good at doing. And you would think that eight years of experience with Bill and the history that it was not true would be send a clear message. But Clinton supporters, then and now, seem to completely overlook any damage done and any problems caused by either one of the Clintons. In the case of Bill, however, he started the economic ball rolling downhill, and eventually the entire nation will lay in pieces as soon as all the money printing an zero interest rates patchwork no longer works to keep us afloat, just as all of history has proven will come to pass.
Clinton repealed the Glass-Steagall Act in 1999, which for 66 years prevented banks from using insured deposits to take on the risk laden financial activities of Wall Street or to merge with those firms to do so. That helped created the environment for the collapse of Wall Street in 2008.
But Clinton also signed into law the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, which allowed bank holding companies to acquire banks anywhere in the nation, in essence setting up a much vaster opportunity for interstate banking. Then, the Commodity Futures Modernization Act of 2000 allowed trillions of dollars of OTC derivatives on Wall Street to escape regulation, with all three combining as a recipe for financial disaster.
Too big to fail set in motion, page 2:
Bill Clinton was a loser even back when he was governor in Arkansas.
Bill did a lot of damage when he was president.
Probably thousands.
Clinton and his “experiment’ in everyone has a right to own a house went to banks telling them they had to lend money to people with low down payments well when bush tried to stop it the democrats voted against stopping this nonsense right up until the whole thing crashed well done genius
Yeah I guess so, OLD PERVERT BILL AND HASBEEN HILLARY HAVE CLEANED THEM ALL OUT FOR THEIR CHARITY FOUNDATION. HE, HE, HE
Yeah, they all look out for us.
Bill Clinton left W a $280 Billion SURPLUS.
These are the facts.
Now that you have them, you are free to distort them to your advantage.
Bill didn’t spend that much, he was too busy with all the rape cases and getting impeached and all. Lol.
What you did not say was it was slick willie through executive order allowed the banks and other financial institutions to trade mortgages on the stock market which led to hundreds of billions in housing loans to unqualified buyers. The stock exchange made billions in trade services and banks and other financial institutions failed along with the loss of hundreds of billions in ira, pensions and other funds belonging to hard working americans. Then binbama gives nearly a trillion dollars in rewards to the crooked and inept corporations and not one penny of that money went to repay the workers who built it.
And that collapse was blamed on bush when in fact slick willie caused it.