"The Clintons have no shame, that much you can count on."

[marmar]

from truthdig:


Hillary Blames Bernie for an Old Clintonite Hustle, and That’s a Rotten Shame

Posted on Jan 19, 2016
By Robert Scheer


The Clintons have no shame, that much you can count on. That stupefying arrogance was on full display in the most recent presidential campaign debate when Hillary Clinton countered Bernie Sanders’ charge that she was compromised by her close ties to Goldman Sachs and other rapacious Wall Street interests with the retort: “Sen. Sanders, you’re the only one on this stage that voted to deregulate the financial markets in 2000, ... to make the SEC and the Commodity Futures Trading Commission no longer able to regulate swaps and derivatives, which were one of the main causes of the collapse in ’08.”

Hillary knows that the disastrous legislation, the Commodity Futures Modernization Act (CFMA), had nothing to do with Sanders and everything to do with then-President Bill Clinton, who devoted his presidency to sucking up to Wall Street. Clinton signed this bill into law as a lame-duck president, ensuring his wife would have massive Wall Street contributions for her Senate run.

Sanders, like the rest of Congress, was blackmailed into voting for the bill because it was tucked into omnibus legislation needed to keep the government operating. Only libertarian Ron Paul and three other House members had the guts to cast a nay vote. The measure freeing Wall Street firms from regulation was inserted at the last moment in a deal between President Clinton and Senate Banking Committee Chairman Phil Gramm, R-Texas, who had failed in an earlier attempt to get the measure enacted. Clinton signed it into law a month before leaving office.

Sanders soon figured out that he and almost all other Congress members had been tricked into providing a blank check for the marketing of bogus collateralized debt obligations and credit default swaps made legal by the legislation, of which a key author was Gary Gensler, the former Goldman Sachs partner recruited by Clinton to be undersecretary of the treasury. ..........(more)

http://www.truthdig.com/report/item/hillary_blames_bernie_for_an_old_clintonite_hustle_rotten_shame_20160119

[daleanime]

1. K&R....

[OKNancy]

2. I certainly don't care what Sheer's opinion is

He's a long time Clinton ( both of them) basher.

[gregcrawford]

14. Yeah...

... except that Scheer was not expressing an opinion, he was relating documented facts. Inconvenient truths can be so annoying.

[InAbLuEsTaTe]

26. Precisely... Hillary, shame?... hahahaha, yeaaahh riiite!!

Bernie & Elizabeth 2016!!!

[Still In Wisconsin]

18. It wasn't an opinion piece.

He was pointing out her sleazy win at any cost politics.

[cui bono]

52. No, you just kill the messenger of any critical analysis you don't like.

Sure sign that you don't even listen at all to anything critical is using the word "bashing" in place of "critical analysis". You should be caring about policy more than personality. History has shown the dangers of idol worship.

.

[Fantastic Anarchist]

80. Similar to Rush Limbaugh listeners.

Anything contrary to their world-view, or their queen is met with derision and dismissed incessantly, without regard to facts or the argument presented.

[cui bono]

82. It's obvious as soon as they use "basher" or "hater" or any variation of those words.

Especially when they then don't offer anything of substance to go along with it.

.

[Bread and Circus]

54. bury your head in the sand if it makes you feel better.

[artislife]

68. Makes me like him more. nt

[JDPriestly]

75. Please read the article. It contains important factual information.

It's not a matter of bashing Hillary or Bill. It is a matter of the terrible pain Bill's mistakes and those of the Summers/Rubin/Gramm cabal caused around the world.

We simply cannot afford another Clinton/Wall Street/Summers/Rubin/Gramm/Goldman Sachs, etc. bunch in charge of the very regulatory agencies that are supposed to insure fairness, honesty and good business ethics in our country.

Please read the article. That goes for everyone.

[merrily]

77. The info about the bill = facts. That the Clintons have no shame = opinion, though

a significant amount of evidence suggests it.

[razorman]

3. The heading is true enough, I suppose.

But, the fact is that, people with a great sense of shame do not enter politics to begin with.

[randome]

4. So deregulation had nothing to do with the collapse?

Huh.
[hr][font color="blue"][center]Everything is a satellite to some other thing.[/center][/font][hr]

[virtualobserver]

5. So Hillary's top economic adviser is Gary Gensler, the former Goldman Sachs partner.....

who worked with Sen. Phil Gramm and Alan Greenspan to exempt credit default swaps from regulation.

She thinks that the American people are stupid.

[jeff47]

8. She's counting on everyone doing replies #2, 3 and 4. (nt)

[FlatBaroque]

13. Have to log out real quick to see what you're talking about

[Enthusiast]

37. Huge +1!

[Ivan Kaputski]

47. +2

[INdemo]

60. Gary Gensler was the president of the Commodities Exchange when Hillary made Thousands (overnight)

on what was obviously insider trading. She bought cattle contracts on the Mercantile exchange without the minimum investment and cashed in on huge profits. This was back in the mid 90's so one can understand the lasting friendship.
Alan Greenspan Mrs Greenspan (why she is sucking up to Hillary on CNN)

On the commodity trades will be happy to supply links:

http://www.washingtonpost.com/wp-srv/politics/special/whitewater/stories/wwtr940527.htm

[antigop]

6. k&r nt

[azmom]

7. Hillary is morally bankrupt.

Jill Stein as an alternative is looking better everyday.

[Duval]

9. K&R!!

[MisterP]

10. and like with everything else, bringing the subject up quickly backfires

she thinks that such dirty tricks will stay only within the wonk class, but since she's associated with dirty tricks in the popular imagination, the revelations--that not only did all this happen, but she decided to paint *Sanders* as a Wall Street tool--will gain traction

[Octafish]

11. Phil Gramm today is Vice Chair of UBS working with Bill Clinton and George W Bush.

The repeal of Glass-Steagall allowed the Banksters to play at the Wall Street casino with taxpayer-backed deposits. When all sorts of risky investments crapped out, the US taxpayers got to pick up the tab and even gave the Banksters a bonus.

The repeal of Glass-Steagall in 1999 spelled disaster in the 2008 Bankster Bailout. The Democratic president who signed it into law was working in a spirit of bi-partisanship with his Republican Senate colleague to encourage new areas of banking by deregulating the financial industry cough gutting the New Deal protections of the Wall Street casino from using taxpayer-backed bank deposits.

Some familiar names on this list:



No shame is right. They now work together at UBS -- which received uncounted billions in bailout money -- to specialize in some kind of "Weath Management."

PS: Forensic economist and former Fed regulator William K. Black wrote it reminds him of what happened during the Savings and Loans Crisis of the late 80s and early 90s. At the time, that was the greatest bank heist in history.

[tex-wyo-dem]

15. +1! Very enlightening post. Thx Octafish! Nt

[mmonk]

25. Thanks.

[Enthusiast]

38. Huge +1!

[haikugal]

44. Boom!! Thanks Octafish you're the bomb! nt

[Liberal Jesus Freak]

62. Octafish...

You're the best

[alittlelark]

65. I click on anything I see from you...

... and get enlightened.

[JDPriestly]

76. Octafish, you are the greatest!!! Thanks for posting on DU.

Missed you there for awhile.

Your post connects the dots about Hillary's commodities trading scandal, the one that could not be proved. Was there a quid pro quo? Was there a nod and a nudge and a bit of help to enrich the Clintons? Was the nod, nudge and help in exchange for passage of legislation later on? Who knows? But this, in my opinion most definitely makes Hillary very likely to be easily defeated in the general election. Yet another scandal involving the Clintons. It's just too much. Too, too much.

Hillary will prove unelectable in the general election. She has too many potential and very important scandals in her background.

I hope that more and more Democrats realize that Bernie is our candidate. He is the one who can win in the general election.

Republicans always play dirty and throw a lot of smut around. The smut with Bernie is likely to be rather petty stuff. This one with Hillary is major. The die was cast in the final years of the Clinton administration. But the game may have been started before Clinton even ran for president.

I realize that not everyone will understand what this means and what it is about, but wow! That is in my view devastating and should end Hillary's campaign. There is no point in presenting a candidate with this kind of problem, this kind of past, this kind of potential scandal to deal with in the general election. No point at all.

[Punkingal]

12. No shame....truer words were never spoken.

[ViseGrip]

16. They have shown this as parents, for sure.

[Skwmom]

17. The Clintons are devoid of conscience. n/t

[tex-wyo-dem]

19. Oh how, as the curtain gets lifted more...

And more, the stench just gets worse and worse.

I do have one slight problem with article:

"Only libertarian Ron Paul and three other House members had the guts to cast a nay vote."

For Paul to vote against the bill had little to do with "guts"...being a libertarian basically means you don't believe in government, anyway, so voting to shut it down was fairly consistent with his ideology.

So if you're someone like Sanders, who realizes shutting down governmement for perhaps an extended period of time would hurt millions of people, but the bill has a piece of shit ticking time bomb provision, what do you do? The RW has been masterful at creating catch 22 situations like this for Dems.

[Geronimoe]

20. Fool me once, shame on you

Fool me twice, shame on me.

This is typical Clinton behavior. Bill has an affair, and Hillary blames the Republicans saying it is a right-wing conspiracy. When the stain dress in uncovered, she blame the victims as trailer trash. In the 2008 campaign when getting attacked for the job loss damage of NAFTA. She went out and cried, "Shame on you, Barack Obama".

Both Hillary and Bill response to getting caught, is to play the victim. They never accept responsibility for anything they do.

[Still In Wisconsin]

21. If it gets her ahead, Hillary will do it.

I've said this for years: they have made some decent policy decisions over the years, but with the Clintons, it is always, in the end, about helping themselves.

[Old Codger]

22. She would be

An absolute disaster as pres. she really should be looking at jail time along with her husband and several of their Dino pals... That entire bunch needs to officially change their part affiliation to R...

[99th_Monkey]

23. If you want more chicanery, dirty tricks and dishonesty, then Hillary is your candidate

Me? I'm sick & tired of this crap, and am supporting & voting for Bernie 110%.

[turbinetree]

28. Sanders has my vote......................................

[SoapBox]

29. +1,000,000

[Enthusiast]

39. Plus a bazillion!

[SammyWinstonJack]

67. He has my support and vote from red state Tennessee.

[bigwillq]

24. Truth

Yup. No shame, indeed.

[SoapBox]

27. Shameless indeed.

Screwing over Americans...scandals...and just flat out lying.

NO More Clinton in the White House!

(The one that is sticking in my craw, is her bullshit line that Bernie voted to put allow guns on Amtrack, with implication that anyone with a firearm can just walk around the train. The vote was to re-allow unloaded firearms, with advance paperwork/notification, in locked containers in the checked luggage/cargo area that is secure/no passengers allowed...just like the airlines do! Her implication is a fucking lie! )

[Kentonio]

32. She was throwing them out like confetti during the debate.

[haikugal]

45. On display...she is transparent. It was disgusting.

Go Bernie!!

[JDPriestly]

78. Yes. She is unprincipled and cheats. She tells half-truths. It's shocking.

[Uncle Joe]

30. Kicked and recommended.

Thanks for the thread, marmar.

[raindaddy]

31. And some Democrats wonder why joining hands and aligning ourselves behind Hilary won't be so easy...

if she wins the primary. I don't like what she stands for and I can't stand her shameless pandering...

[Kentonio]

33. After that last debate I couldn't agree more.

She lied and distorted, throw universal healthcare under the bus and then lied and distorted some more. Regulation, AMTRAK, healthcare, just one thing after another.

It made me angry at the time, but now it makes me happy. Because when someone has to resort to throwing everything they have at you, you know they're at the end of their endurance.

[chervilant]

66. And, THEN, she ungraciously snubbed

Bernie's handshake after the last debate. That spoke volumes to me.

Really, a pathetic performance from HRC.

[jwirr]

34. It is called "telling half truths".

[antigop]

35. kick nt

[highprincipleswork]

36. This is the truth of it all. Why was another post on same subject hidden?

Thank you for positing this truth.

I'm really fed up with this kind of behavior and these kid of tactics.

[haikugal]

46. The majority of us are! nt

[Faux pas]

40. K N R

[elias49]

41. Kicked!

Pretty close to organized crime.

[99Forever]

42. No shame. No conscience. No ethics.

Hillary, everything that is wrong with the establishment Democratic Party in one neat package.

[pangaia]

43. The NEXT part of the story from the same article --

Greenspan/ Mitchell we know about but---

Eight years later, when President Obama nominated Gensler to head the Commodity Futures Trading Commission, it was Sanders who put a temporary hold on the nomination, stating: “Mr. Gensler worked with Sen. Phil Gramm and [former U.S. Federal Reserve Chairman] Alan Greenspan to exempt credit default swaps from regulation, which led to the collapse of AIG and has resulted in the largest taxpayer bailout in U.S. history.”

Today, Gensler is the top economic adviser to Hillary Clinton’s presidential campaign. And the CFMA—key legislation that was “one of the main causes of the collapse in ’08,” enabling the great recession—is an enormous embarrassment that her husband on occasion reluctantly has conceded was drafted by his top aides and signed into law by him with great enthusiasm.

In an awkward power-couple footnote, Greenspan, chief prophet of radical banking deregulation, is married to NBC journalist Andrea Mitchell, one of the two debate moderators Sunday night, who pointedly challenged Sanders with questions about his integrity in his call for reform of the economy. But not as awkward as Hillary having been prepped by her debate adviser Gensler to attack Sanders for his vote for legislation that Gensler wrote when working for her husband.

[haikugal]

49. Thank you! This all needs to be broadcast far and wide...we have Bernies back!

Knowing what really happened is very important to unraveling the propaganda machine both sides use. The democratic machine is corrupt...no more, ENOUGH of this shit!

[pangaia]

51. It is SO easy for her to lie and twist facts on stage, in speeches,

Sunday night Bernie was laughing with incredulessness( is that a word?) it was so off the wall.. Thing is he CAN seem a little.. umm.... pissed off :&gt which can look honest or... depending on one's side of the fence, petulant.

Plus it is a hell of a lot harder to clean shit off the wall than it is to throw it up there.

Her 'spokespeople' do the same thing. You should have heard Diane Rhem show this am..whatshername- .. Paige from USA TODAY was filling in...another media stooge.... I caught part of it on the way to work.

Some Hillary SENIOR Spokeswoman doing that same shit. I wanted to pull over and call in and really give her a good talking tongue lashing. And Donna Brazzillion.. very subtle but...

[haikugal]

53. Once you wake up and open your eyes it stops being subtle..it's blatant and in our face.

I'm sick to death of being told "what are you going to do about it, eh? Who you gonna vote for??

I think the energy of anger is useful and nothing to be ashamed of...you want nasty anger take a look and listen to Hillary. It's a fight for the future. The people have to get together and fight for our future...that isn't Hillary.

[pangaia]

55. +1000

I think I sent you a Basho poem once.
OR. maybe I created one...

[haikugal]

56. I think you did....beautiful!

[grasswire]

69. this needs to be an OP

Please share this.

[pangaia]

81. Done. Thanks.

[Tierra_y_Libertad]

48. But, they make up for it with blind ambition and greed. K&R

[haikugal]

50. What role models they are.... nt

[Joe Shlabotnik]

57. K&R n/t

[WillyT]

58. HUGE K & R !!! - Thank You !!!

[shenmue]

59. Flamebait

It's okay, as long as it's about Clinton.

[marmar]

61. Yep. Especially when it's true.

[stuffmatters]

63. I've been seething since about Hilary hanging Bernie with her husband's CFMA

since Sunday night's debate. Thank you,marmar, for highlighting this invaluable article by the venerable journalist Robert Scheer, which was reprinted in HuffPo today too.

Hopefully Chris Hayes' or Maddow's team read it & will have Scheer on as a guest to set the record straight about this wild smear Hillary made in the Sunday night debate. None of the other MSM "factcheckers" will set the record straight I'm sure. But Hayes & Maddow seem to still evidence some semblance of interest in actual fact checking on these debates.

I also noticed that neither Lester Holt or Andrea Mitchell gave Sanders a chance to respond to Hillary's outrageous slime. More important for NBC to cut to the commercials that sucked up 1/3 the debate airtime.

[Utopian Leftist]

64. Our Corporate Uberlords

don't want us lazy peons getting the idea that ANYTHING should EVER be FREE!

That includes fulfilling one's ethical duties by informing oneself of the issues by watching a political debate, apparently.

[Nyan]

73. Rachel might...

It's important to set the record straight.
But I don't think people believe her false claims anyway, simply because it's impossible to paint Bernie as pro-financial deregulation.
Just like it was impossible to paint him as a repug who wants to get rid of healthcare

[billhicks76]

70. They Are Disgusting

Took over our party and sold it to the other side.

[Gene Debs]

71. I haven't actually said it up til now, but it actually crossed my mind to wonder

when, if Clinton's numbers get to look bad enough, the Clinton camp will start to drop veiled references to Sanders being Jewish. It actually doesn't seem farfetched to me...Remember in 2008 when she was asked by a reporter if Barack Obama was a Christian, and she gave a vague "I don't know" answer that sort of insinuated he might be Muslim? She knew what she was doing then, and I wouldn't put it past her to do it again.

Am I the only one that wouldn't be surprised by that? Honestly?

[virgdem]

72. I've wondered that as well...

I'd put nothing past her at this point. She is quite shameless and arrogant in her pursuit of that to which she feels entitled. If she goes down that road, the blowback will be enormous.

[sammythecat]

74. I'd be disgusted, but not surprised

If she thought it would work, she'd do it in a split second

[sorechasm]

79. A shame that knows no bounds

At the last minute, they snuck it into a huge omnibus bill which no one had time to read. If Sanders had voted against it, he would have been voting to shut down the federal government. Now she's trying to blame the resulting 2008 crash on Bernie.

Along with Gensler, Robert Rubin, who was Clinton’s treasury secretary and a former Goldman Sachs chairman, and Lawrence Summers, a Rubin aide who succeeded the treasury secretary before the bill was passed, engineered this legislation, which became law and which Hillary Clinton now has the effrontery to blame on Bernie Sanders.

The same Rubin-Summers wrecking crew had also destroyed the sensible restraints on Wall Street greed, implemented as the Glass-Steagall Act by the administration of Franklin Roosevelt in response to the Great Depression. Hillary Clinton defends the repeal of Glass-Steagall’s separation of commercial and investment banking, while Sanders wants it reinstated.

That repeal, as well as preventing any regulation of the toxic mortgage packages and swaps that still hobble the world economy and wiped out the fortunes of black and brown people with particular severity, is Bill Clinton’s horrid legacy, and it is one that his wife now attempts to blame on Bernie Sanders. Shame.

Bernie may be the only one on stage who voted for it, but two others on that stage actually had a part in fomenting it.

[slipslidingaway]

83. kick nt