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2016 Postmortem
In reply to the discussion: WP: "The Hillary Clinton-Bernie Sanders debate over the auto bailout, explained" [View all]thesquanderer
(13,018 posts)39. The federal gov't could have created an entity that made credit available for car loans. (n/t)
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WP: "The Hillary Clinton-Bernie Sanders debate over the auto bailout, explained" [View all]
thesquanderer
Mar 2016
OP
Bernie gets to explain it in an Ad while reminding the viewers about Bill's NAFTA and banking dereg.
DhhD
Mar 2016
#14
Really ? Please tell me how the auto market rebounded strongly if credit remained frozen ?
Trust Buster
Mar 2016
#56
Please tell me how consumers were going to purchase automobiles if the banks were not
Trust Buster
Mar 2016
#16
Please tell me why smart people like the Clintons didn't see that coming years before?
Armstead
Mar 2016
#34
The federal gov't could have created an entity that made credit available for car loans. (n/t)
thesquanderer
Mar 2016
#39
There were numerous alternative put forth at the time, from Bernie and from others.
thesquanderer
Mar 2016
#46
Nothing in your articles discussed Bernie's specific approach to saving the credit markets IMO.
Trust Buster
Mar 2016
#52
But, IN THE REAL WORLD, Congress was not offering that alternative and Detroit was on the brink.
Trust Buster
Mar 2016
#63
If the bill did NOT pass, then other alternatives would have been quickly considered.
thesquanderer
Mar 2016
#71
Banks offer credit. Let them fail and car loans dry up. It's basic economics.
Trust Buster
Mar 2016
#18
However, the banks did not have to be left in the hands of those who created the crisis...
Human101948
Mar 2016
#22
Oh. My. God. The total irony of your nick butted up against your defense of the the mega banks ...
hedda_foil
Mar 2016
#68
re: "If everyone had voted his way, the auto industry would have folded."
thesquanderer
Mar 2016
#72
No one was happy about bailing out the banks. But, if they were allowed to fail,
Trust Buster
Mar 2016
#32
the banks figured out how to rob themselves, take everyone's money, get caught...
islandmkl
Mar 2016
#36
There were plenty of other options...the bankers just made shit up to enrich themselves...
Human101948
Mar 2016
#51
Not a word of your post addressed what Bernie would have done to save the credit markets
Trust Buster
Mar 2016
#53
"What Clinton said is technically true, but it glosses over a lot of important nuance, including the
PatrickforO
Mar 2016
#66
name ONE time in this election Sanders has accepted 'nuance' for Hillary's votes
bigtree
Mar 2016
#78