Wednesday, September 24, 2008

It was Clinton's fault, too

The same as Clinton shares a great amount of blame for the Iraq Invasion, he shares blame for the current economic meltdown, too.

If you have my worldview, facts like this are not that surprising at all -- in fact, they're the only things that can make the world make any sense at all. The facts may not be morally right, but they're not confusing to me.

I don't run around saying things like, "Why don't the Democrats ever do anything??!!," like so many of my breathless brothers and sisters -- on both sides of the aisle. The answer is simple - they don't care, and even if a few actually did care, they're not in a position to do anything about it - they're just doing what they're told. Sure, they could throw themselves out of office if they wanted to, but expecting egomaniacs to stop being egomaniacs is not what I would consider a sane strategy.

Clinton's economic legacy goes far beyond the economic disasters that are NAFTA and Iraq:

The meltdown is a bipartisan affair. Presidential contenders John McCain and Barack Obama each have received millions of dollars from these very companies that are collapsing and are receiving the corporate welfare. President Clinton and his treasury secretary, Robert Rubin (now an Obama economic adviser), presided over the repeal in 1999 of the Glass-Steagall Act, passed after the 1929 start of the Great Depression to curb speculation that caused that calamity. The repeal was pushed through by former Republican Sen. Phil Gramm, one of McCain’s former top advisers. Politicians are too dependent on Wall Street to do anything. The people who vote for them, and whose taxes are being handed over to these failed financiers, need to show their outrage and demand that their leaders truly put “country first” and bring about “change.”
Glass-Steagall Act.

Man, the dude is still wrecking shit 8 years after he's been out of office! Damn.

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