Sunday
Aug022009
Bill Clinton: The Banking Crisis Is A Confidence Game
Former President Bill Clinton on September 24th of 2008, in the heart of the crisis with Harry Smith. Slick Willy actually impresses me somewhat in this clip. He discusses fractional reserve lending and the importance of confidence. He still proves to be a captured bailout Socialist like so many others but he seems to be slightly more informed than Palin, Bush, McCain and Obama.
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Screenshot
Aug 2, 2009 at 3:55 PM
Reader Comments (10)
If i remember right wasn't it Clinton that left America with NO trade deficit?
Then it was Bush and the Neocons for eight years. And what is the trade deficit standing at now?
And how is the American economy holding up?
And why are people trying to blame Clinton and the new guy?
If you pay attention around here and I know that you do (thanks for all the emails), you will notice that I HAVE NEVER ONCE BLAMED Obama for the economy. In fact I rarely discuss the economy except to point out the uncalled for optimism.
I'm one of the few who believes THE RECESSION IS NECESSARY....let the business cycle play out and stop trying to ameliorate every recession...it's part of why I hate Keynesian economics...It's political economics in...always worried about the next election, they can't stomach a recession for fear of losing in 2 years...so anything and everything is undertaken to re-ignite things and keep one's party in power.
@Gobias.
When will you wake up and realize that both parties are the same...? The whole point is to keep the sheeple engaged in teh fight between the Ds and the Rs with emotional issue like abortion and god, meanwhile the banking oligarchy and corporate interests continue being served unabated. Our government is run by lobbyists. If you doubt it, go work in Washington for a few years.
Oh yeah, you're clearly firing on all cylinders. Hawaii has already provided a short-term birth certificate. The State Department accepts short-term certificates from that state, so you must believe that both Hawaii and the State Department are in on the conspiracy. Even if Hawaii were to provide a long-term certificate, members of the 3-tooth crowd you apparently belong to would claim it was forged.
:-)
The post about Clinton that you seem to have taken personally was not aimed at you or your site but Americans.
Clinton left America with no trade deficit!
Take a look round at the state of you country NOW, after eight (Bush) years.
And yet people in America and the media still support Bush? WTF?
The fact that the right wing in America is trying to pin this "recession" on Clinton IS INSANE. :-) Ok so he relaxed some laws BUT Bush and his gang had eight years to change them back. Instead Bush and his co-conspirators relaxed the laws even more!
It is like after 911 The right wingers tried to blame Clinton.
Who was on watch on 911?
Bill was at home. Your "president" was at school learning to read. :-)
It is so much fun to watch and listen to the mad ravings of the escaped lunatic, that is modern America and take the occasional kick at a system that pronounces itself the only (and best) game in town.
Can Americans not see? Your system does not work. Modern American Capitalism requires an "enemy" in order to function. You are too addicted to the military/industrial complex.
The DOD has an expenditure $512 billion in fiscal year 2009 and supplemental funding of about $807 billion over the past several years to support the global war on terror.
http://www.gao.gov/transition_2009/urgent/defense-spending.php
And you guys don't have health care and decent education? (no, for everyone. Not just the rich)
Sure you got straight teeth. But what happens when you get ill?
As for the bail out?
They have the money. They got away with it.
And to prove it, they are paying themselves $100 million in bonuses, while people are homeless and sick.
And if you say anything against that. You are a socialist.
LOL
Hmmmm, I think you mean short form and it is not a birth certificate it is a certificate of live birth. I am from the Reagan era, trust but verify.
Obama is a fraud and a mystery. He could settle this issue in fifteen minutes but instead he flew out to Hawaii and sealed his birth records. That does not mean they have his birth certificate, it means any record of a registration of his birth in Hawaii or other such documentation is sealed. He lost his citizenship when he went to Indonesia anyway as he was adopted by Soetoro. Upon his return to the U.S. he would be a naturalized citizen not a natural born citizen. I don't think he is either, I think he still holds Indonesian citizenship. He has used Senate passport records since then. Two people have already been fired for trying to peak at those. Barry Soetoro will be found out and 86ed into history or worse but the truth will set you free.
You mean around mid-2008? People were also looking at McCain's info, and they rightfully got fired too. Don't try to reframe that as Obama-specific; when government workers invade either candidates' privacy, they suffer the consequences.
Lou Dobbs is apparently your man. Surely he can lead your movement.