Bernie (and Warren) could use the 2008 crash against Trump [View all]

[KayF]

Last edited Sun Feb 23, 2020, 09:50 AM - Edit history (1)

people are talking about what Trump could use against Bernie, but what about the very powerful argument that Bernie could and would make, that other candidates won't or can't make nearly as well (except for Warren).

The crash was a crime and they got away with it. No one went to jail and no one paid a political price. Except arguably Hillary in 2016. and McCain in 2008

Bernie could say, remember you used to have a house? You didn't just lose it, someone stole it from you. Someone like Steve Mnuchin stole it from you.

Remember when everyone was losing their homes? A tragedy right? Well not for everyone, remember Trump said:

https://www.cnn.com/2016/05/19/politics/donald-trump-2006-hopes-real-estate-market-crashes/index.html
Two years before the housing market collapsed in 2008 and millions of Americans lost their homes, Donald Trump said he was hoping for a crash.

"I sort of hope that happens because then people like me would go in and buy," Trump said in a 2006 audiobook from Trump University, answering a question about "gloomy predictions that the real estate market is heading for a spectacular crash."

There's audio of this, Bernie could make it into an ad. Maybe ask, what about now? Is he still hoping for a crash?


To be fair, the first reference I found to this Trump quote was in fact Hillary brought it up in a debate, but it certainly wasn't the center of her campaign,

https://www.politico.com/story/2016/09/trump-housing-collapse-228708

“In fact, Donald was one of the people who rooted for the housing crisis,” Hillary Clinton said when discussing the recovery from the Great Recession. “He said back in 2006, ‘Gee, I hope it does collapse because then I can go in and buy some and make some money. Well it did collapse.”

“That’s called business, by the way,” Trump said, interrupting. But Clinton talked over him.

“Nine million people lost their jobs, five million people lost their homes,” she said.

Clinton appeared to be referencing when Trump, in 2006, said regarding a crash: “I sort of hope that happens because then people like me would go in and buy.”