Feeling The ‘Bern’ – ‘That time Bernie Sanders voted for Bill Clinton’s plan to loosen regulation on Wall Street’
Now again to be perfectly honest – Bernie has never accused Hillary of being corrupt.
He just wants us to ‘know the facts’.
Wall Street money is corrupting our politics and Hillary takes money from Wall Street.
I wonder what Bernie feels about voting to deregulate Wall Street but now won’t even admit he did.
‘When CNN’s Dan Merica noted on Twitter that Clinton had used her husband’s own law as cudgel against her rival, a spokesman for her campaign, Brian Fallon, suggested Sanders was hiding from his role’.
“He said he regrets signing it,” Fallon tweeted of Clinton. “Sanders won’t even admit voting for it.”
‘Sanders has not explained his rationale for the 2000 vote, but only four House members lined up against the bill even as a standalone — and he was not among them’.
‘Hillary Clinton had to go back more than 15 years, and shine a light on a decision that her husband, by his own admission, would come to regret’.
“You’re (Sanders) the only one on this stage that voted to deregulate the financial market in 2000,” Clinton said, making reference to his support for former President Bill Clinton’s Commodity Futures Modernization Act’.
See The Great Recession Of 2008
‘The law effectively gave bankers, or “sophisticated traders,” free rein from pre-existing oversight mechanisms when they wanted to make deals on the sidelines of the major stock exchanges, in “over-the-counter” trading’.
‘Clinton himself would later cop to having made a serious mistake in signing the bill, saying he didn’t understand the extent to which these deals, if they went bad, could ripple across the global economy’.
“Even if less than 1% of the total investment community in derivative exchanges, so much money was involved that if they went bad, they could effect 100% of the investments,” he told ABC’s “This Week” in 2010′.