Wednesday, June 22, 2011

Bill Clinton's Legacy - Economic Crisis

Does Bill Clinton still not grasp that the current economic crisis is in large measure his legacy? Obviously that's the case, or he wouldn't have had the temerity to write a 14-point memo for Newsweek on how to fix the economy that never once refers to the home mortgage collapse and other manifestations of Wall Street greed that he enabled as president.

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Conceding that the bailed-out banks are sitting on $2 trillion that they won't lend, Clinton offers not a word about mortgage relief for swindled homeowners. With an all-time high of 44 million Americans living below the poverty line, Clinton once again brags of his success in ending the federal welfare program.


Bill Clinton's Legacy of Denial

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