MUST READ: 'Elizabeth Warren Infiltrates The Clinton Borg' - HuffPo

[LawDeeDah]

3. Peace and Prosperity for the well to do:

Some conservatives do, in fact, claim Clinton as one of their own. Clinton pushed through the North American Free Trade Agreement, a deal negotiated by President George H.W. Bush. House Budget Committee Chairman Paul Ryan (R-Wis.) still celebrates Clinton's welfare reform (although anti-poverty experts bemoan its effects during the Great Recession). He raised taxes, early in his administration, but instead of devoting the increased revenue to fund liberal investments, he paid down debt to appease Wall Street.

And for Democratic populists, Clinton's cardinal sins were two acts of Wall Street deregulation. In 1999, Clinton signed the repeal of Glass-Steagall's separation between traditional banking and high-flying securities trading. And in 2000, he signed a bill exempting newfangled contracts called derivatives from securities rules [fuck] and anti-gambling restrictions.

Both are widely cited as causes of the 2008 crisis. But at CAP's conference on Wednesday, former Clinton and Obama economic adviser Gene Sperling wasn't having any of it.

Bill is no Democrat. It irks me to no end when he gets lauded here like some hero just because he can do his O Shucks, lil ole me wedged into his usually pro-wealth speeches.