Obama runs against Clinton prosperity by attacking deregulation

Cap’n AMatrixca

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But what most of the media has overlooked is that Obama's twin messages of bashing deregulation and embracing the Clinton years are inherently contradictory. Nearly all the deregulatory measures that John McCain backed - that are now being blamed (wrongly) for helping to cause the current crisis - were signed by Bill Clinton. What's more, Clinton administration officials have even credited these policies for contributing to the ‘90s economic boom - the very "shared prosperity" that Obama says he wants to go back to.


Late in Clinton's tenure, the Clinton White House put forth a document celebrating "Historic Economic Growth" during the administration and pointing to the policy accomplishments it deemed responsible for this growth. Among the achievements on Clinton's list were none other than "Modernizing for the New Economy through Technology and Consensus Deregulation." That's right, a Clinton White House document credited part of the administration's success to that now dreaded d-word, deregulation.


"In 1993," the document explained, "the laws that governed America's financial service sector were antiquated and anti-competitive. The Clinton-Gore Administration fought to modernize those laws to increase competition in traditional banking, insurance, and securities industries to give consumers and small businesses more choices and lower costs."


Everything in those passages in the document is true except that it omitted credit to the GOP-controlled Congress elected in 1994 for passing these policies that led to the prosperity. But the Clinton administration, whatever its other personal and policy flaws, should indeed be praised for signing and advocating this deregulation. These bipartisan financial policies, however, are now the very ones Obama, running mate Joe Biden and other Democrats attack. "Let's, first of all, understand that the biggest problem in this whole process was the deregulation of the financial system," Obama proclaimed in the second presidential debate.

http://www.americanthinker.com/2008/11/obama_runs_against_clinton_pro.html
 
No use looking to the past, time to think of the future.
 
*reviews bear stearns statement



We told you what a Democrat Congress would mean and you didn't believe us any more than you believe Obama's going to move to the Left once he's elected; hell man, he already did...


You just decided to deny your lying ears. ;) ;)
 
*reviews enron "load shift" strategy
 
We told you what a Democrat Congress would mean and you didn't believe us any more than you believe Obama's going to move to the Left once he's elected; hell man, he already did...


You just decided to deny your lying ears. ;) ;)

I thought he was already a communist. How further left can he go?
 
Great article other than the fact that blows the entire premise out of the water.

The Republican controlled congress is the ones who deregulated the banking industry. As your "bro" is so quick to point out, Presidents don't make law, or repeal them.
 
I thought he was already a communist. How further left can he go?

Well, at first he was a Leftist Marxist, but the the play called for him to take a center role, then his Mymidon press reviews convinced him he had "one" written all over him and thus he was able to take his jacket off, get comfortable, think about the drapes and the bowling alley and all the while the old wrinkly tortoise just kept plodding...,



"I think I can.
"I think I can.
"I think I can.
"I think I can..."

[voice=Ted Neely][tone=KISS]
Mind if I sit down for a while?
And reaquaint yourself with my style...[/tone]
Why waste your breathe moaning at the crowd?
Nothing can be done to stop the shouting!
If every tongue were stilled,
The noise would continue,
The rocks and Stones themselves would start to sing... [/voice]

Chorus:

OH! Bama hey bama, bama, bama, ho!
Bama hey bama OH! Bama…
 
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Well, at first he was a Leftist Marxist, but the the play called for him to take a center role, then his Mymidon press reviews convinced him he had "one" written all over him and thus he was able to take his jacket off, get comfortable, think about the drapes and the bowling alley and all the while the old wrinkly tortoise just kept plodding...,



"I think I can.
"I think I can.
"I think I can.
"I think I can..."

[voice=Ted Neely][tone=KISS]
Mind if I sit down for a while?
And reaquaint yourself with my style...[/tone]
Why waste your breathe moaning at the crowd?
Nothing can be done to stop the shouting!
If every tongue were stilled,
The noise would continue,
The rocks and Stones themselves would start to sing... [/voice]

Chorus:

OH! Bama hey bama, bama, bama, ho!
Bama hey bama OH! Bama…

Obama sounds like a mean hombre.
 
Just a tad more vicious then the Hildebeast...







... once he's down, though, she'll get even; women never forget being passed over by the new guy...

I am pretty sure of that. I often wonder why they did not exchange spots on the ticket. Guaranteed winnar.
 
Awww, Dances With Falsehoods is sowing a little passive aggressive "Let's have Hillary and Obama fight" nonsense for old times' sake.

AJ? America and Barack Obama owe you a debt of gratitude. Without your constant shrill intolerant bleatings, chances are Obama's margin of victory wouldn't have been anywhere near what it will be.
 
Awww, Dances With Falsehoods is sowing a little passive aggressive "Let's have Hillary and Obama fight" nonsense for old times' sake.

AJ? America and Barack Obama owe you a debt of gratitude. Without your constant shrill intolerant bleatings, chances are Obama's margin of victory wouldn't have been anywhere near what it will be.

The polls are tightening. Palin will win!

Do not lose hope.
 
The polls are tightening. Palin will win!

Do not lose hope.

Only on Drudge.

The mainstream media seems to enjoy trotting out the traditional "polls are tightening" meme just a few days before a presidential election.

I'm not buying it this time around: Obama will rout McCain and the age of Ishmael will be over.
 
Only on Drudge.

The mainstream media seems to enjoy trotting out the traditional "polls are tightening" meme just a few days before a presidential election.

I'm not buying it this time around: Obama will rout McCain and the age of Ishmael will be over.

Why hate on Drudge, he only links the news. He is a great American just like Palin.

Young people are lazy, polls do not matter and McCain will be the winner.
 
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