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Bill Clinton calls Obama legacy ‘awful,’ potentially dooming wife’s campaign


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You can't make this shit up.

It was beyond an epic mistake. I mean, what was Bill Clinton thinking?

At an event in Spokane, Washington, Mr. Clinton called for putting “the awful legacy of the last eight years behind us 

http://www.washingtontimes.com/news/2016/mar/21/bill-clinton-calls-obama-legacy-awful-potentially-/

http://dailycaller.com/2016/02/12/obamas-biggest-critic-thursday-night-was-bill-clinton-not-bernie-sanders/

Yet Hillary wants to continue what Obama was doing. :lmao:

http://www.washingtontimes.com/news/2016/jan/19/hillary-clinton-touts-success-of-obama-policies-to/

 

 

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17 minutes ago, Capt.Storm said:

What?

In the world of Clinton supporters..............There is a statue of limitation on lying, as well as various  other  deplorable acts. 

"what does it matter now"  

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Just now, Cold War said:

In the world of Clinton supporters..............There is a statue of limitation on lying, as well as various  other  deplorable acts. 

"what does it matter now"  

Ah,thanks for clearing that up.

But you're right "what does it matter now" 

That should be on a bumper sticker.

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So he says the last 8 years were rough but the President has done a better job than he is given credit but has been weak in his dealings with Republicans. 

Man that's reaching as bad as snowrider lol

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Look at the dates of the comments and then the title of the OP...'DOOM' :lol: Now look at her kicking Dump's ass :lmao: Obama endorsed her - and he's really 'DOOMED' her campaign.  Anything else?  :barney:

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6 minutes ago, SnowRider said:

Look at the dates of the comments and then the title of the OP...'DOOM' :lol: Now look at her kicking Dump's ass :lmao: Obama endorsed her - and he's really 'DOOMED' her campaign.  Anything else?  :barney:

Yep..even Billy can't fuck it up!

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9 minutes ago, Highmark said:

Trump and the SuperPac's haven't gotten started YET.  This will come up plenty.  

:nuts: The PAC's DGAF about Dump.  The money is going to the Congressional campaigns.  Not Dump. 

I can't believe how misinformed many are on here.....but that would explain the R's on the forum :lol: 

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6 minutes ago, SnowRider said:

:nuts: The PAC's DGAF about Dump.  The money is going to the Congressional campaigns.  Not Dump. 

I can't believe how misinformed many are on here.....but that would explain the R's on the forum :lol: 

I wouldn't call you misinformed, more like grubered, and blissfully ignorant.  HA HA HA.

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9 minutes ago, SnowRider said:

:nuts: The PAC's DGAF about Dump.  The money is going to the Congressional campaigns.  Not Dump. 

I can't believe how misinformed many are on here.....but that would explain the R's on the forum :lol: 

So you could agree then that money will buy Hillary the win correct?

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2 hours ago, Capt.Storm said:

I  just can't believe Billy has the balls  to put anybody down after all the chit he has done ...there is no shame in politics anymore in this country.

Lied about getting his dick sucked.....big fucking deal. Shit was pretty good when Billy Jeff was in The White House.

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1 minute ago, Biggie Smails said:

Lied about getting his dick sucked.....big fucking deal. Shit was pretty good when Billy Jeff was in The White House.

I gotta agree with you..for a lib he was pretty cool.

But don't forget about white water and a few other things.

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If you want to know how bankrupt the Democratic Party is today of pro-growth ideas, check out Hillary Clinton's latest speech on the economy. She has absolutely nothing new to offer that President Obama hasn't already tried.

Clinton admits in her speech that things aren't all they should be in the economy after seven-plus year of Obamanomics. "The challenges we face are significant," she said. She even took a couple subtle digs at Obama, complaining about "long-term neglect" of poor communities and the fact that the unemployment gap between blacks and whites has been widening, whereas it was narrowing when her husband was in the White House.

So what are the "big, bold" ideas she said she'd implement that will "drive growth"? Spend more money on infrastructure, raise taxes on the rich, impose more mandates on businesses that raise the cost of labor, make college cheaper and saddle the economy with more regulations.

Is Clinton really not aware that this is exactly what Obama prescribed, and that his policies have produced the worst economic recovery in history?

Her biggest idea is to make "the biggest investment in American infrastructure in decades," saying that will create "millions of good paying jobs."

 

Apparently she's forgotten that Obama's stimulus plan included, as Obama put it, "the largest new investment in our nation's infrastructure since Eisenhower built an interstate highway system in the 1950s."

How did that work out for jobs? We've had one of the slowest rates of job growth since the Great Depression, and annual economic growth never topped 3%. Oh, and according to Hillary, our roads and bridges are still crumbling.

Clinton also says she wants to invest in "advanced manufacturing." But Obama has already nearly doubled spending on this -- as part of his plan to create a million manufacturing jobs in his second term. (Manufacturing jobs have climbed only 330,000 since he made that promise.)

Other "bold" Clinton ideas are also straight out of the Obama playbook: She wants a "cleaner, more resilient power grid," free child care, paid maternity leave, more power to unions. She wants to expand on the growth-killing Dodd-Frank bill.

Plus, of course, she wants to raise taxes on the rich, as if Obama hasn't already done that several times.

What's most amusing about Clinton's speech, however, is her claim that cutting taxes and reducing regulations as a growth strategy "has been proven wrong again and again."

In fact, the strongest periods of growth in the past three decades occurred during the tax-cutting, deregulating Reagan years, and after Bill Clinton agreed to cut taxes and deregulate the banking industry. In the 1960s, it was the result of Kennedy cut taxes.

The inconvenient truth here is that not one of the items on Clinton's list will do anything to get the economy out of its Obama-induced malaise.

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2 hours ago, Biggie Smails said:

Lied about getting his dick sucked.....big fucking deal. Shit was pretty good when Billy Jeff was in The White House.

He cause the the financial crash though 

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COMMENTARY
The Clinton-Era Roots of the Financial Crisis
Affordable-housing goals established in the 1990s led to a massive increase in risky, subprime mortgages.
By PHIL GRAMM  AND MIKE SOLON
Aug. 12, 2013 6:55 p.m. ET
Simply put, the financial crisis of 2008 was caused by a lot of banks making a lot of loans to a lot of people who either could not or would not pay the money back. But this explanation raises two key questions. Why did private lenders, whose job it was to assess credit risk, make those loans? And why did the army of financial regulators, with massive enforcement powers, allow 28 million high-risk loans to be made?

There's a strong case that the answers can be traced to Sept. 12, 1992. On that day presidential candidate Bill Clinton proposed, in his campaign book "Putting People First," using private pension funds to "invest" in government priorities, such as affordable housing, to "generate long-term, broad based economic benefits." Seldom has such a radical proposal been so ignored during a campaign only to later lead to such devastating consequences.

After his election, President Clinton tapped Labor Secretary Robert Reich to lead the effort to extract, as Mr. Reich put it in 1994 congressional testimony, "social, ancillary, economic benefits" from private pension investments. Mr. Reich called on pension funds to join the administration's "Economically Targeted Investment" effort. Housing and Urban Development Secretary Henry Cisneros assured participants that "pension investments in affordable housing are as safe as pension investments in stocks and bonds."

Six pension funds ultimately agreed to invest in public housing that was backed by $100 million in federal grants and guarantees, but the program never took off. In the end, even unions and their pension funds rejected the effort to direct any part of their retirement savings toward someone else's welfare.

The Clinton administration lost the battle to use pensions to fund low-income housing, but it succeeded in winning the war by drafting Fannie Mae, Freddie Mac and the commercial banking system into the affordable-housing effort. It did so by exploiting a minor provision in a 1977 housing bill, the Community Reinvestment Act, that simply required banks to meet local credit needs.


Bank regulators began to pressure banks to make subprime loans. Guidelines became mandates as each bank was assigned a letter grade on CRA loans. Banks could not even open ATMs or branches, much less acquire another bank, without a passing grade—and getting a passing grade was no longer about meeting local credit needs. As then-Federal Reserve Chairman Alan Greenspan testified to Congress in 2008, "the early stages of the subprime [mortgage] market . . . essentially emerged out of the CRA."

Democratic presidential candidate Bill Clinton in September, 1992. ENLARGE
Democratic presidential candidate Bill Clinton in September, 1992. AGENCE FRANCE-PRESSE/GETTY IMAGES
Effective in January 1993, the 1992 housing bill required Fannie and Freddie to make 30% of their mortgage purchases affordable-housing loans. The quota was raised to 40% in 1996, 42% in 1997, and in 2000 the Department of Housing and Urban Development ordered the quota raised to 50%. The Bush administration continued to raise the affordable-housing goals. Freddie and Fannie dutifully met those goals each and every year until the subprime crisis erupted. By 2008, when both government-sponsored enterprises collapsed, the quota had reached 56%. An internal Fannie document made public after the financial crisis ("HUD Housing Goals," March 2003) clearly shows that by 2002 Fannie officials knew perfectly well that these quotas were promoting irresponsible policy: "The challenge freaked out the business side of the house [Fannie] . . . the tenseness around meeting the goals meant that we . . . did deals at risks and prices we would not have otherwise done."

http://www.wsj.com/articles/SB10001424127887323477604579000571334113350

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41 minutes ago, Ebsell said:

GWB can claim that one. Took him the best part of 8 years to pull it off but he did it. 

He was actually handed that time bomb from Clinton.

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3 minutes ago, Sludgey said:

He was actually handed that time bomb from Clinton.

In a way but Bush was in office a lot of years before that bomb went off. He had plenty of time to do something about it and failed miserably. 

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1 hour ago, Ebsell said:

In a way but Bush was in office a lot of years before that bomb went off. He had plenty of time to do something about it and failed miserably. 

Just goes to show that a politician is a politician.

But just the same ..Clinton did start something that was hard to stop till BOOM!

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1 minute ago, Capt.Storm said:

Just goes to show that a politician is a politician.

But just the same ..Clinton did start something that was hard to stop till BOOM!

More like a pop lol. Bush had lots of time to do something. Clinton fucked up no doubt about that. But GWB has to be in the top 3 worst Presidents ever 

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