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NWCorona

(8,541 posts)
Mon Mar 14, 2016, 12:39 PM Mar 2016

Hillary Clinton Once Cited NY Banks as ‘Biggest Winners' in Wall Street Bailout

“There was a bill that mixed money for the auto rescue and money for other bailouts,” Clinton said in Columbus, Ohio, Sunday night. “That was not an easy vote and I respect those who voted against it. But I’ll tell you this. I voted for it. Then President-elect Obama asked us to vote for it. I decided it was more important to save the auto industry and save our economy, and I am so glad I did.”

Rewind to 2008, then-New York Senator Hillary Clinton argued that one of the reasons she voted in favor of the so-called Wall Street bailout was because “the banks of New York” and “other financial institutions” were some of the biggest winners in the deal.

During an October 2008 interview with a New York radio station, Clinton said the banks would benefit, not other industries or families who lost personal assets in the recession, and that influenced her decision to ultimately vote for the controversial legislation."


http://www.mycentraloregon.com/2016/03/14/hillary-clinton-once-cited-ny-banks-as-biggest-winners-in-wall-street-bailout/

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Hillary Clinton Once Cited NY Banks as ‘Biggest Winners' in Wall Street Bailout (Original Post) NWCorona Mar 2016 OP
Here is the (literal) money quote: arcane1 Mar 2016 #1
Yup! NWCorona Mar 2016 #2
 

arcane1

(38,613 posts)
1. Here is the (literal) money quote:
Mon Mar 14, 2016, 12:52 PM
Mar 2016

“No, I don’t agree with that,” she responded in the interview, which followed the first round of voting on the Troubled Asset Relief Program (TARP). “You can’t possibly staff up the Treasury to that amount. No, look, I think the banks of New York and our other financial institutions are probably the biggest winners in this, which is one of the reasons why in the end, despite my serious questions about it, I supported it.”

So she was either lying then or she's lying now. Hell, knowing her, she was lying both times.

Now she's exploiting the auto industry's plight to score cheap points. Is that all she knows how to do?

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