Politics ‘awful legacy’? Bill Clinton vows his wife will clean up the mess he actually made

Discussion in 'The Howard Stern Show' started by dawg, Mar 29, 2016.

  1. dawg

    dawg In The Dog House Staff Member

    Reputations:
    541,054
    Joined:
    Aug 19, 2010
    Messages:
    119,539
    Likes Received:
    90,905
    This excerpt is from a article floating around that trashes Trump also. However lets focus on Bill Clinton and his lies for a moment.

    bill-clinton-600.jpg

    Here is Bill Clinton, the U.S. President who served Wall Street by removing all regulations on derivatives-trading and by ending FDR’s Glass-Steagall Act separation of investment-banking from consumer-banking, now telling an audience, that his successor George W. Bush had done this, and that Bush’s successor Barack Obama has unfortunately continued it. He said this on March 21st when explaining why everyone should vote for his wife to undo the ”awful” and “trickle-down” legacy of George W. Bush and Barack Obama:

    "If you believe we can all rise together, if you believe we’ve finally come to the point where we can put the awful legacy of the last eight years behind us and the seven years before that when we were practicing trickle-down economics and no regulation in Washington, which is what caused the crash, then you should vote for her because she’s the only person who basically had good ideas, will tell you how she’s going to pay for them, can be commander in chief, and is a proven change maker with Republicans and Democrats and independents alike.”

    (Clarification: Where he said “seven years” he meant eight years, and where he said “eight years" he meant seven years, because Bush had 8 years and Obama has thus far had 7.)

    The truth is that just before Bill Clinton ended his Presidency he gave Wall Street exactly what it wanted: the ability to gamble with FDIC-insured money, so that Wall Street would be bailed out by taxpayers if their gamblers stopped gambling (‘investing’) and the financial system consequently froze up — which happened in 2008. George W. Bush didn’t make that change, Clinton did. Rotten as Bush was, Clinton was arguably even worse, but he’s now alleging that his wife will undo his own “trickle-down” legacy.
     
  2. Shithead

    Shithead Well-Known Member

    Reputations:
    91,835
    Joined:
    Jan 16, 2012
    Messages:
    13,366
    Likes Received:
    21,555
    (Clarification:....Clintons are fuckin' animals
     
  3. dawg

    dawg In The Dog House Staff Member

    Reputations:
    541,054
    Joined:
    Aug 19, 2010
    Messages:
    119,539
    Likes Received:
    90,905
    If one would take the time to research all the things wrong in America today a lot of those problems can be traced right back to Bill Clinton. I know the truth hurts but...
     
    lastlaugh, moto and PSU Shower Room like this.
  4. dawg

    dawg In The Dog House Staff Member

    Reputations:
    541,054
    Joined:
    Aug 19, 2010
    Messages:
    119,539
    Likes Received:
    90,905
    To name a few.

    Bill Clinton remains one of America’s most popular presidents. A national poll last March by NBC and the Wall Street Journal found 56 percent of Americans had a clearly favorable view of Clinton. That’s long been true for African Americans—from novelist Toni Morrison famously calling him the “first black president” while in office, to books explaining his appeal after his presidency ended.

    Clinton has used this popularity to build his enormously ambitious global foundation, collecting $2 billion in assets for many anti-poverty and health initiatives, as well as building a personal fortune from speechmaking estimated at $30 million or more. In recent years, most of the public has forgotten what Clinton did as president, even as he has steadily been in the news.

    But for more than a year before Hillary Clinton launched her latest presidential campaign, Bill Clinton has been selectively telling media outlets that he made some mistakes as president and might have acted otherwise. He's even tried to recast actual events and been taken to task by fact-checkers who recall his leading role in what became major crises, such as the 2008 global financial implosion.


    1. Prison-loving president. In May, on the heels of the unrest in Baltimore sparked by Freddie Gray’s death in police custody, Clinton apologized for locking too many people up. Thanks, Bill.

    The 2.4 million people in prison and the 160,000 Americans serving life in prison largely because of his policies might be excused for not accepting Clinton's apology. Tag-teaming with ex-President Ronald Reagan, Clinton is the president most responsible for the mass incarceration of Americans on an epic scale. The gung-ho crime fighter-in-chief passed the single most damaging law with his omnibus federal crime bill in 1994, which included the infamous “three strikes” law (three felony convictions means a life sentence) and ensured that mandatory minimum sentences imprisoned even low-level, non-violent offenders for a long, long time.

    Clinton discussed his regrets about the crime bill with CNN's Christiane Amanpour. "The problem is the way it was written and implemented is we cast too wide a net and we had too many people in prison," he said. "And we wound up... putting so many people in prison that there wasn't enough money left to educate them, train them for new jobs and increase the chances when they came out so they could live productive lives."

    All true, except it was not just lack of funds that eliminated education and rehabilitation programs in prison, it was a deliberate choice. Sensing the political popularity of being tough on crime, Clinton fully embraced the lock-'em-up-and-throw-away-the-key mentality, and gloated about three strikes. It strains credulity to think that this exceptionally intelligent man did not understand the dire consequences of what he was doing, as his wife now says.

    Clinton’s Violent Crime Control and Law Enforcement Act of 1994 helped set the national mood. Dozens of states followed with their own mandatory minimum laws. While there is some talk today of criminal justice reform on a minor level (like for low-level drug offenses), no one is talking about the all-but-forgotten population doing hard time thanks in large part to Clinton.

    2. Punitive welfare reform. The consequences of Bill Clinton’s welfare reform bill have been devastating for millions of American families. The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 took a page directly from Republican Speaker of the House Newt Gingrich’s Contract with America. In an atmosphere steeped in decades of conservative scaremongering around the specter of sexually reckless “welfare queens,” Clinton’s 1992 campaign promise to “end welfare as we know it” played directly to white voters' fears of black crime and poverty. Twenty years after scrapping the longstanding Aid to Families with Dependent Children in favor of the right wing’s underfunded and more punitive vision, the number of poor American children has exploded and black welfare recipients are subject to the system’s most stringent rules.

    In 2012, the Center on Budget and Policy Priorities found that while “in 1996, for every 100 families with children living in poverty, TANF [Temporary Assistance for Needy Families] provided cash aid to 68 families,” that number plunged to 27 out of every 100 families living in poverty by 2010. Conservatives trumpet these numbers, often citing the fact that nationally, TANF enrollment fell 58 percent between 1995-2010. But they neglect to mention that the number of poor families with children rose 17 percent in the same period.

    Sociologist Joe Soss, who has examined the long-term racial consequences of welfare reform, which allowed states to decide how funds were allotted and eligibility determined,
    also noted
    that, “all of the states with more African Americans on the welfare rolls chose tougher rules…[E]ven though the Civil Rights Act prevents the government from creating different programs for black and white recipients, when states choose according to this pattern, it ends up that large numbers of African Americans get concentrated in the states with the toughest rules, and large numbers of white recipients get concentrated in the states with the more lenient rules.”

    3. Wall Street’s Deregulator-in-Chief. As president, Clinton outdid the GOP when it came to unleashing Wall Street’s worst instincts, by supporting and signing into law more financial deregulation legislation than any other president, according to the Columbia Journalism Review.

    He didn’t just push the Democrats controlling the House to pass a bill (Gramm-Leach-Bliley Act) that dissolved the Depression-era Glass-Steagall law, which barred investment banks from commercial banking activities. He deregulated the risky derivatives market (Commodity Futures Modernization Act), gutted state regulation of banks (Riegle-Neal) leading to a wave of banking mergers, and reappointed Alan Greenspan as Federal Reserve chair. In recent years, Clinton has ludicrously claimed that the GOP forced him to do this, which led in no small part to the global financial crisis of 2008 and the too-big-to-fail ethos, with the federal government obligated to bail out multinational banks while doing little for individual account holders.

    “What happened?” he told CNN in 2013. “The American people gave the Congress to a group of very conservative Republicans. When they passed bills with veto-proof majority with a lot of Democrats voting for it, that I couldn’t stop, all of a sudden we turn out to be maniacal deregulators. I mean, come on.” As CJR put it, “This is, to be kind, bullshit,” reciting a list of Clinton deregulatory actions that began while Democrats were the majority, starting with appointing “Robert Rubin and Larry Summers in the Treasury, which officially did in Glass-Steagall and the Commodity Futures Modernization Act, which left the derivatives market a laissez-faire Wild West.”

    CJR concludes, “The bottom line is: Bill Clinton was responsible for more damaging financial deregulation—and thus, for the [2008] financial crisis—than any other president.”
     
  5. dawg

    dawg In The Dog House Staff Member

    Reputations:
    541,054
    Joined:
    Aug 19, 2010
    Messages:
    119,539
    Likes Received:
    90,905
    4. Gutted manufacturing via trade agreements. Bill Clinton helped gut America’s manufacturing base by promoting and passing the North American Free Trade Agreement, or NAFTA, in 1993, when Democrats controlled Congress. That especially resonates today, when another Democratic president, Barack Obama, and Republicans in Congress, are allied against labor unions and liberal Democrats to pass its like-minded descendant, the Trans Pacific Partnership. “NAFTA signaled that the Democratic Party—the “progressive” side of the U.S. two-party system—had accepted the reactionary economic ideology of Ronald Reagan,” wrote Jeff Faux, on the Economic Policy Institute Working Economics Blog.

    In 1979, then-candidate Reagan proposed a trade pact between the U.S., Canada and Mexico. But the Democrats who controlled the Congress would not approve it until Clinton pushed it in his first year in office. NAFTA has affected U.S. workers in four major ways, EPI said. It caused the permanent loss of 700,000 manufacturing jobs in industrial states such as California, Texas and Michigan. It gave corporate managers an excuse to cut wages and benefits, threatening otherwise to move to Mexico. Selling U.S. farm products in Mexico “dislocated millions of Mexican workers and their families,” which “was a major cause in the dramatic increase in undocumented workers flowing into the U.S. labor market.” And NAFTA became a “template for rules of the emerging global economy, in which the benefits would flow to capital and the costs to labor.”

    The World Trade Organization, World Bank, International Monetary Fund all applied NAFTA's principles, which gave corporations the power to challenge local laws protecting health and safety if they cut into profits—like labeling tobacco packaging. The NAFTA “doctrine of socialism for capital and free markets for labor” could also be seen in the way the U.S. government “organized the rescue of the world’s banks and corporate investors and let workers fend for themselves” in the Mexican peso crisis of 1994-'95, the Asian financial crash of 1997, and the global financial meltdown of 2008.

    5. Expanded the war on drugs. Although Clinton called for treatment instead of prison for drug offenders during his 1992 campaign, once in office he reverted to the same drug war strategies of his Republican predecessors. He rejected the U.S. Sentencing Commission's recommendation to eliminate the disparity between crack and powder cocaine sentences. He rejected lifting the federal ban on funding for needle exchange programs. He placed a permanent eligibility ban on food stamps for anyone convicted of a felony drug offense, even marijuana possession. And he prohibited felons from living in public housing.

    He also championed the 1994 crime bill, a $30 billion effort that included more mandatory minimum sentences for crack cocaine, extra funds for states that severely punished convicts, limited judges' discretion in sentencing, and allocated billions for federal prison construction and expansion. During Clinton's tenure, federal prison spending jumped $19 billion (171%), while funding for public housing declined by $17 billion (61%). Under Clinton, nearly $1 billion in state spending shifted from education to prisons.

    The U.S. prison population doubled from about 600,000 to about 1.2 million during the Clinton years, and the federal prison population swelled even more dramatically, driven almost entirely by drug war prosecutions. Yet a month before leaving office, Clinton said in a Rolling Stone interview that "we really need a re-examination of our entire policy on imprisonment" of drug users and that pot smoking "should be decriminalized." If only he had acted on those sentiments when it mattered.
     
    lastlaugh and lestanyonethink like this.
  6. Shithead

    Shithead Well-Known Member

    Reputations:
    91,835
    Joined:
    Jan 16, 2012
    Messages:
    13,366
    Likes Received:
    21,555
    Women love this asshole...I don't get it
     
  7. dawg

    dawg In The Dog House Staff Member

    Reputations:
    541,054
    Joined:
    Aug 19, 2010
    Messages:
    119,539
    Likes Received:
    90,905
    Ugh, do we really want A Clinton back in the white house?
     
  8. dawg

    dawg In The Dog House Staff Member

    Reputations:
    541,054
    Joined:
    Aug 19, 2010
    Messages:
    119,539
    Likes Received:
    90,905
    I hear a lot of talk from the left about Mass Incarceration but they leave out bill Clinton's name :bigthink
     
  9. Miss America

    Miss America Well-Known Member

    Reputations:
    15,372
    Joined:
    Jan 13, 2014
    Messages:
    729
    Likes Received:
    2,870
    Hillary is going to clean up the mess Bill left in the White House? Didn't he leave the mess all right here?


    [​IMG]

    In any event, Hillary appears to prepare to clean up that mess
    [​IMG]
    When asked for a detailed plan on how she would clean that mess, she responded:
    [​IMG]
     
    lestanyonethink and cetiya like this.
  10. MrWarmth

    MrWarmth ADORABLE DEPLORABLE Gold

    Reputations:
    175,715
    Joined:
    Aug 30, 2010
    Messages:
    90,568
    Likes Received:
    41,070
    Kathi Lee Gifford: "And when he walks into a room he just takes command of the room, he's so awesome"
     
    scoobyla and dawg like this.
  11. dawg

    dawg In The Dog House Staff Member

    Reputations:
    541,054
    Joined:
    Aug 19, 2010
    Messages:
    119,539
    Likes Received:
    90,905
    By the way, that pic is a screen from the walking dead when he played an extra. :fdrum:
     
    MrWarmth likes this.
  12. MrWarmth

    MrWarmth ADORABLE DEPLORABLE Gold

    Reputations:
    175,715
    Joined:
    Aug 30, 2010
    Messages:
    90,568
    Likes Received:
    41,070
    While Rome was burning Nero was fiddling. While the terrorists were filling the Soviet downfall vacuum, Bill was diddling. :coffee:
     
  13. dawg

    dawg In The Dog House Staff Member

    Reputations:
    541,054
    Joined:
    Aug 19, 2010
    Messages:
    119,539
    Likes Received:
    90,905
    I read that in a Willie Stroker voice.
     
  14. MrWarmth

    MrWarmth ADORABLE DEPLORABLE Gold

    Reputations:
    175,715
    Joined:
    Aug 30, 2010
    Messages:
    90,568
    Likes Received:
    41,070
    Ba da BOOM sis :rs:
     
  15. dawg

    dawg In The Dog House Staff Member

    Reputations:
    541,054
    Joined:
    Aug 19, 2010
    Messages:
    119,539
    Likes Received:
    90,905
    funny-names.jpg
     
    MrWarmth likes this.
  16. floplop

    floplop Well-Known Member

    Reputations:
    22,104
    Joined:
    Jan 16, 2012
    Messages:
    2,871
    Likes Received:
    5,716
    Say what you want about Clinton, I made a shit load of money and things were great for me when he was president.
     
    Pelicanman likes this.
  17. johnfreeman1

    johnfreeman1 Well-Known Member

    Reputations:
    76,437
    Joined:
    Feb 14, 2015
    Messages:
    4,268
    Likes Received:
    11,359
    Bill top 10 President ever
     
  18. John Smith

    John Smith Well-Known Member VIP

    Reputations:
    14,623
    Joined:
    Jul 8, 2012
    Messages:
    2,626
    Likes Received:
    2,881
    Clinton also killed radio by signing off on the 1996 telecommunication act, which eased limits on how many radio stations a company can own so now you have a few rat-bastard companies that own almost all the radio stations, thousands of them, but the companies are run by money people who know nothing about radio and they are billions in debt from paying too much for the stations formerly owned by smaller companies. The result is the stations now all sound the same (shitty), radio pros are being fired left and right and replaced by inexpensive voice-tracks done on the cheap by DJs who work for the company in another market, AND the act also eliminated regulation of your cable bill which is why if you still have cable your monthly bill "mysteriously" goes up 10 or 15 bucks so often it seems criminal. It used to be, before Clinton fucked everything up.
     
    lastlaugh, lestanyonethink and dawg like this.
  19. yaddc

    yaddc Well-Known Member

    Reputations:
    104,106
    Joined:
    Jan 13, 2014
    Messages:
    23,187
    Likes Received:
    20,730
    Look at the face on that weathered hag. I can imagine the amount of snatch hes had his nose into hence why its so red.
     
  20. Night Ape

    Night Ape Well-Known Member

    Reputations:
    52,490
    Joined:
    Mar 27, 2012
    Messages:
    4,752
    Likes Received:
    8,059
    Kinda misogynistic to expect your wife to clean up after you, Bubba.