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Ferd Berfel

(3,687 posts)
Fri Jan 8, 2016, 02:18 PM Jan 2016

Hillary Clinton Is Not Telling The Truth About Wall Street

And it's damaging her campaign.

http://www.huffingtonpost.com/entry/hillary-clinton-wall-street_568ed8d6e4b0cad15e6415cd

Hillary Clinton's campaign spent much of this week waging a dishonest attack on Sen. Bernie Sanders (I-Vt.) and his campaign's Wall Street reform platform. The risky attempt to make inroads with progressives on one of her weakest issues is damaging the credibility of some of her top lieutenants.

Listen to HuffPost's analysis of the Democratic Party's Wall Street flap in this week's "So, That Happened" podcast.

Clinton's attack on Sanders is as simple as it is untrue: Unlike Sanders, Clinton has argued, she is willing to take on "shadow banking" -- a broad term for various financial activities that aren't regulated as strictly as conventional lending.

Sanders has in fact proposed attacking shadow banking in two principal ways: by breaking up big financial firms that engage in shadow banking, and by severing federal financial support for shadow banking activities by reinstating Glass-Steagall.

These would be substantive changes

snip

Yet the Clinton campaign has repeatedly said Sanders is wholly ignoring shadow banking, accusing Sanders of taking a "hands-off" approach

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Hill, you're not going to get Progressives to jump ship based on BS, Lies omissions and distortions
Wake up.

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Hillary Clinton Is Not Telling The Truth About Wall Street (Original Post) Ferd Berfel Jan 2016 OP
Kickin' Faux pas Jan 2016 #1
I used to think the world of Frank. Was I that naive, or has he changed? merrily Jan 2016 #2
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