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Bill Clinton’s Legacy of Denial

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Posted on Jun 21, 2011
AP / Jacquelyn Martin

He went thataway: Former President Bill Clinton speaks at the 2011 Fiscal Summit in Washington on May 25.

By Robert Scheer

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. 

Endorsing the Republican agenda of financial industry deregulation, reversing New Deal safeguards, President Clinton pursued policies that in the long run created more damage to the American economy than any other president since Herbert Hoover, whose tenure is linked to the Great Depression. Now, in his Newsweek piece, Clinton has the effrontery to once again revive his 1992 campaign mantra, “It’s the economy, stupid,” as the article’s title without any sense of irony, let alone accountability. But that has always been the man’s special gift—to rise above, and indeed benefit from, the messes he created.

His list of safe nostrums—painting tar-surface roofs white and seeking more efficient solar and battery production—to be featured at his lavishly funded Clinton Global Initiative conference in Chicago next week is vintage Clinton hype. All of those solutions are of the win/win sort that he loved to ballyhoo as president; who in his or her right mind would be against green job creation? But that hardly speaks to a crisis in which, as was reported Tuesday, the housing meltdown continues unabated as the toxic mortgages sold and packaged by the leading banks and investment houses clog the real estate market, destroying consumer confidence and hobbling job creation.

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.

There is only a one-sentence reference in the Clinton article to the era of financial greed: “The real thing that has killed us in the last 10 years is that too much of our dealmaking creativity has been devoted to expanding the financial sector in ways that don’t create new businesses and more jobs and to persuading people to take on excessive debt loads to make up for the fact that their incomes are stagnant.” Now that’s a clear description of the consequence of President Clinton’s policy of radical deregulation of the financial industry, but he writes as if that outcome has nothing to do with him.

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Clinton signed off on the reversal of the Glass-Steagall Act, the legislative jewel of the Franklin Roosevelt administration designed to prevent financial institutions from getting too big to fail. In signing the Financial Services Modernization Act, which broke down the barrier between high-rolling Wall Street investment firms and consumer banks carrying the deposits of ordinary folk, Clinton gushed in 1999, “Over the [past] seven years we have tried to modernize the economy. … And today what we are doing is modernizing the financial services industry, tearing down those antiquated laws and granting banks significant new authority.”

The first beneficiary of that legislation was Citigroup, a corporation that resulted from a merger that would have been banned by Glass-Steagall. Upon signing the law, Clinton handed one of the pens he used to a beaming Sandy Weill, Citigroup CEO and a close friend and financial supporter of the president. Clinton’s treasury secretary, Robert Rubin, then went off to be a $15-million-a-year exec at Citigroup and was in a key position there when the bank made those toxic derivative packages that would have forced it into bankruptcy had U.S. taxpayers not bailed the bank out. 

So much for the “modernizing” that Clinton had bragged about.

A year later a variation of that same word appeared in the title of the Commodity Futures Modernization Act, which Clinton signed and which exempted from government regulation all of the collateralized debt obligations and credit default swaps that would later prove so toxic. That legislation led to the explosion of the market in unregulated mortgage-based securities, the key source of the financial-sector “dealmaking” that Clinton now bemoans.

In his memoir Clinton pays tribute to Rubin as “the best and most important treasury secretary since Alexander Hamilton.” He wrote that line in 2004, when Rubin, who had come to Clinton from a top job at Goldman Sachs and later left for Citigroup, was already clearly defined as someone who profited mightily from the very bills that he had pushed through while working for Clinton. 

As with so much in the Clinton record, the former president remains in deep denial over having any culpability for his misdeeds. In his thousand-page memoir there is no reference to the above-mentioned radical deregulation of the economy that he presided over. As evidenced by his Newsweek article, the man has long been convinced that there is no problem or contradiction of his that cannot be simply plastered over with blather. Sadly, he may be right.


Read more of Robert Scheer’s writings about Bill Clinton here, here and here.

Click here to check out Robert Scheer’s new book,
“The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street.”


Keep up with Robert Scheer’s latest columns, interviews, tour dates and more at www.truthdig.com/robert_scheer.

Click here to check out Robert Scheer’s book,
“The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street.”


Keep up with Robert Scheer’s latest columns, interviews, tour dates and more at www.truthdig.com/robert_scheer.



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By LibertyVini, July 3, 2011 at 10:07 pm Link to this comment
(Unregistered commenter)

While I hold no brief for Clinton, the idea that
allowing Glass-Steagall to be “gutted” is what caused
the financial crisis is beyond stupid. Please, Robert,
get over your FDR worship and look up Gabriel Kolko.
Realize that Glass-Steagall was put in by the bankers
(Carter Glass being the sponsor of the Federal Reserve
bill), and was removed when it no longer suited their
purposes. Really, people from the left should generally
stay out of financial arguments without the requisite
training and education, you make yourselves look
foolish.

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BR549's avatar

By BR549, June 25, 2011 at 11:08 pm Link to this comment

Truedigger,
All you say about Carter is true, but taken in light of the trends of the previous administrations, Carter’s input was like the prime rib that was served along with the salad, mashed potatoes, peas and carrots, and desert of the earlier and following administrations.

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By christian96, June 25, 2011 at 10:24 pm Link to this comment

I found the article equating “William Clinton” with
666.  I’m trying to “copy and paste” the article
but if that doesn’t work you’ll have to type it in
or you can type in “William Clinton 666” as I just
did.

Antichrist - 666 - Hebrew Alphabet

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By christian96, June 25, 2011 at 10:07 pm Link to this comment

The biblical Hebrew language didn’t use numbers.
They used letters of their alphabet to represent
numbers.  Using that system “William Clinton” added
up to 666.  However, they didn’t calculate his
middle name of Jefferson.  He does want to be King
Of The World.  Perhaps, someday he will turn out to
be the Antichrist. I read the 666 discovery somewhere this week on the internet.  I’m not very
good with computers but if I can locate the article
again I’ll post it on truthdig.

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By truedigger3, June 25, 2011 at 3:49 pm Link to this comment

Re: By BR549, June 25 at 2:01 pm Link to this comment


cHUCK aTKINS, June 25 at 11:04 am
“First of all…..deregulation really started with Jimmy Carter!”


....... Actually, no. Transportation deregulation, of which Carter had been accused of, was initiated under Nixon and still in progress under Ford.
————————————————————————-

BR549,

I am not sure who started what and when.
But carter went along with the deregulation trend and encouraged it and HE is one one who didn’t contest the Truking deregulation bill and HE is one who SIGNED IT.
How about Carter deregulating the Airlines industry???!! He and his man ALFRED KHAN started it and Carter SIGNED the Bill!!!

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By EmileZ, June 25, 2011 at 2:07 pm Link to this comment

@Awi

What about the people who are not in your special local area? Should we live in gated communities? Should we pretend Washington does not exist?

I think not.

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By DHFabian, June 25, 2011 at 2:06 pm Link to this comment
(Unregistered commenter)

There really is a lot is disdain for Clinton among the majority of Americans, the working class and those worse off. In fact, the adoration for this man seems limited to part of the media (Chris Matthews, etc.).

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By BR549, June 25, 2011 at 2:01 pm Link to this comment

cHUCK aTKINS, June 25 at 11:04 am
“First of all…..deregulation really started with Jimmy Carter!”
....... Actually, no. Transportation deregulation, of which Carter had been accused of, was initiated under Nixon and still in progress under Ford.

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By Not One More!, June 25, 2011 at 1:52 pm Link to this comment

This is what is extremely frustrating about democratic apologists. When Bush or Reagan did it, it was bad. When Clinton or Obama do the same exact thing, it is good (at least acceptable) because it was pragmatic, or the ‘best’ of what could be done considering what they had to work with. It couldn’t possible be that both Obama and Clinton benefit from their actions, even at the cost to the society at large and that their actions are intentional. That is never considered.

You say there is a difference? So you think that the drowning man cares if one candidate (from the other party that you don’t care for) wants to add 2 buckets of water to the drowning pool; while your candidate (and much better of course) only want to add 1 bucket of water to your drowning pool?

Vote third party, don’t throw away your vote on a corporate candidate.

“If there is no struggle, there is no progress,” declared Frederick Douglass in 1857, in response to those who suggested that the great abolitionist was pushing too hard for an end to human bondage. “Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. They want rain without thunder and lightning. They want the ocean without the awful roar of its many waters. This struggle may be a moral one; or it may be a physical one; or it may be both moral and physical; but it must be a struggle. Power concedes nothing without a demand. It never did and it never will.”

“I’d rather vote for what I want and not get it than vote for what I don’t want, and get it.” - Eugene Debs

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By Awi, June 25, 2011 at 11:07 am Link to this comment

Forget Washington.  It’s corruption is legendary.  Nothing good for the people can come of it.  Live locally and position yourself to defend against Washington’s attacks.  It can be done, think about it.  We are still a free people and do “not” have to play their game.

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By cHUCK aTKINS, June 25, 2011 at 11:04 am Link to this comment
(Unregistered commenter)

There are a lot of people here that think they know something!

First of all…..deregulation really started with Jimmy Carter!

Second; Scheer is somewhat misleading in that he tries to demonize Clinton. The real motivation of Clinton was to take advantage of the prosperity of the time and the budget surplus in a constructive way by putting as many Americans into homes as possible! That’s why they formed Freddy and Fanny! The idea was that the best thing for the country and individual citizens was to increase home ownership! It was in fact a good idea terribly carried out!

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By truedigger3, June 25, 2011 at 9:51 am Link to this comment

Re: By Hank8, June 25 at 8:13 am

I never read articles written by Boyarsky, Eugene Robinson, E. Dione and etc…...
Those people are mouthpieces for the establishment and are professional liars and bullshit artists.
They write not to inform but to mislead and bullshit.
Sometimes when the subject is important, I read the readers’ posts.

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By EmileZ, June 25, 2011 at 8:32 am Link to this comment

Now I feel really guilty.

Sorry Pigs!!!

You pigs have it hard enough without having to be compared to Bill Clinton and his buddies.

So much for being poetic.

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By EmileZ, June 25, 2011 at 6:55 am Link to this comment

Clinton’s “creative dealmaking” also included merger after merger after merger, liquidizing opportunity and jobs to be smoothly and effortlessly sucked up through a straw (I am trying to be poetic here) into the mouth-hole of nasty greedy pig-people.

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By radson, June 25, 2011 at 6:34 am Link to this comment

Diamond:President Andrew Jackson was well aware of where the danger lay . That is why that certain despicable European family -which I have difficulty-uttering fomented the US Civil War .JFK was also aware of the menace ,which by the way is almost complete as we speak ,yet there is still resistance ,but not in the USA partly due to the ADL.

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By BR549, June 25, 2011 at 4:23 am Link to this comment

diamond, June 25 at 12:41 am
“It’s easy to blame the politicians, they’re easy targets, ...”

..... but it is the politicians who had sworn an oath to the people and that is where it becomes a integrity issue. They swore an oath and then crawled back under the rocks from whence they came.

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By ardee, June 25, 2011 at 3:58 am Link to this comment

diamond, June 24 at 2:59 pm Link to this comment

Oh, for heaven’s sake: no one can claim that Clinton created the global financial crisis. It was essentially caused by decades of de-regulation and greed and the Republican mania for giving tax cuts to the super wealthy. No one man is responsible for the mess: ....etc.

Kudos for cutting through the partisanship and nailing the discussion to the wall.

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By diamond, June 25, 2011 at 12:41 am Link to this comment

“But you are right. It isn’t any ONE president’s fault; it’s just that nothing ever really gets better.”

Well, there’s a simple reason for that: John Maynard Keynes pointed out over seventy years ago that there was nothing more dangerous to democracy than the globalized movement of money. He was right, as usual. But there are a whole lot of bigmouths with brains the size of a pea, not fit to tie Keynes’ shoelaces, all running around saying globalization is the best thing since sliced bread. There’s no point blaming individual politicians, you have to look at the ideology of globalized finance and the total de-regulation of the banking/finance sector. The overarching economic policy is not only fatally flawed but incredibly dangerous and those unelected elites pushing it have total control of the mainstream media and the political system.

All privatization does is take away any control the voter might hope to have over key utilities and makes the corporate/financial sector and its shareholders the de facto government - unelected and unaccountable. It’s easy to blame the politicians, they’re easy targets, but the problem is systemic and institutionalized. It’s true that every government in theory only rules with the consent of the people but what economic ‘rationalism’ does is render the consent of the people irrelevant while enslaving workers in a form of economic feudalism and a culture of despair, materialism and apathy. This is the culture that US soldiers are dying all over the world to enforce. In the grand scheme of things people like Clinton are just whipping boys for the real masters of the universe: and you never see their faces and don’t know their names. You only wake up one day and realize that the financial system has collapsed -again.

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By Cathy, June 24, 2011 at 5:44 pm Link to this comment
(Unregistered commenter)

@ David Cyr

Having already made an idiot out of myself voting for Obama out of fear I wasn’t going to do that again.  I’m registered Independent in NY—Long Island to be exact—and I proudly voted straight Green.  I found out about the massive Koch buyout of Cuomo only a couple of months ago.  Yes, I was doubly proud of my Green vote.  Sure, the Tea Party loon wasn’t elected and probably didn’t have a chance, but even if he did I wouldn’t have voted for Cuomo.  The Obama fiasco cured me forever of the “lesser of two evils” issue.

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By BR549, June 24, 2011 at 3:51 pm Link to this comment

diamond, June 24 at 2:59 pm

I would agree, but in looking at the deregulatory nightmare started in the Reagan Administration, look at who he had for company; Cheney, Rumsfeld, Bush, Wolfowitz ....... a blistering array of Chicken Little fearmongers from the Nixon Adminsitration.

But you are right. It isn’t any ONE president’s fault; it’s just that nothing ever really gets better. We get a few pieces of seemingly promising legislation here and there that pacify the populace for a while, but then we learn years later what the rest of
us had to sacrifice for that to happen. Not one of those slimeballs could break the pattern and discuss the truth. Carter came close, .... maybe, but the rest of them I’d have no problem throwing under a bus; Clinton and both Bushes first of all.

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By BR549, June 24, 2011 at 3:25 pm Link to this comment

litlpeep, June 24 at 1:52 pm

Very well put.

Carter was never a study of mine; rather that he was an oddball in the office of POTUS when compared to nearly every other impostor who paraded himself as our political saviour from 1900 to the present (although I think Coolidge might be close). Reading your post reminded me of some details I hadn’t thought of in years.

While I think Carter was in many ways naive, I still say that he was one of the best role models for a president we ever had. (BTW, Ihad voted for Ford at the time.) Regarding the Trilateral Commission, Brzezinski’s and Rockefeller’s intentions may have have looked good to Carter on paper, but we are unfortunately now finding out just what the long term implications of that plan were. Carter was used; we were all used.

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By diamond, June 24, 2011 at 2:59 pm Link to this comment

Oh, for heaven’s sake: no one can claim that Clinton created the global financial crisis. It was essentially caused by decades of de-regulation and greed and the Republican mania for giving tax cuts to the super wealthy. No one man is responsible for the mess: it’s a disease that has spread all over the world. Economic ‘rationalism’, free market economics, neo liberalism - call it what you will - it’s the madness of our times and it is destroying the earth and everything on it. It started with Reagan and Maggie Thatcher and has spread like bubonic plague from one country to another. The IMF and the World Bank now work almost exclusively on creating debt, destroying the EU and the Euro and any trace of social justice anywhere in the world. Anyone who thinks this problem can be laid at the feet of one politician is crazy. Did Clinton also cause the financial disasters in Britain and Iceland? It’s the ideology, stupid.

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By litlpeep, June 24, 2011 at 1:52 pm Link to this comment

for By BR549; re: Carter

I, too, liked Carter IN SPITE OF his devotions to the trilateral commission (forerunner of ‘global trade without restraints like decency to the environment, labor, national needs, substantive global needs etc.) and to what he loved calling the “business model” he would bring, and tried bringing into the White House.

The White House, the presidency was not designed to administer the nation as a business.  Politics and business have been on the opposite sides of economies and cultures since Homer invented politics.  Indeed, Homer’s root word for ‘trader’ is also the root word for ‘traitor.’  No significant political thinker would forgot that until the 17th century, when, incidentally (?) political thought began abandoning the ancient tradition of calling itself both political economy and political morality.

Since then, notably excepting Adam Smith (who called himself, appropriately, a political moralist) and the founders of the US, almost all political thinkers seem to have forgotten that twin tradition.  US “political science” apparently considers that Homeric tradition taboo, because you will not find it anywhere in the entire discipline (unless you consider a few political theorists to be political scientists - something political scientists rarely, if ever do).

Of course, there is nothing that requires business people to be traitors; they can even prove themselves great, even heroic patriots.  But, that is a rare exception, and seems rarer day by day.  Today patriotism is something businesses love exploiting for profit from, and otherwise preventing from influencing policy or legislation.

Needless to say, I think Homer’s root words are more reliable than political rarities.

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By BR549, June 24, 2011 at 1:10 pm Link to this comment

truedigger3, June 24 at 12:18 pm
“Check the facts and study your subject before attacking Social Security, Ass Hole. Are you kidding??!! Social Security is one of the best efficient programs that are run by the government. People who are getting SS are not getting a hand-out from a Ponzi Scheme, Idiot. They had paid into the system and till now SS is adding income to the government and it is not costing it a penny. Without SS many retirees would have been homeless or living with relatives, especially after your friends in Wall St. have looted their retirement savings.
With good paying jobs have been offshored at the urging of, again, your friends in Wall St., SS is now needed more than ever, since it is hard to save for retirement with current meager wages for the common people.
.......... you go ahead and keep thinking that. Wait till you see what’s coming down the pike. Check back with me in a year or two.

“Your beloved Carter, was the first to start the current trend of letting Corporate America run amok by deregulating Trucking and Airlines. He repealed the Usury In Lending Law.! I guess you like him because of his smile and he teaches Sunday School??!! What a biased ignorant, you are!!”
........... I never said Carter was the best president, (he certainly wasn’t very effective), but I think he was inherently honest and sincere (not unlike Woodrow Wilson after he hallucinated thinking that the banks and the Fed Res would only help us).

Gee, I hardly know where to begin. You pop in three days late on a complex conversation, obviously missing the point of the topics at hand, and decide to vent on a topic that is a sensitive one for you.

“Asshole”, “idiot”, “my friends on Wall Street”, “biased ignorant”??? ....... Like I said, I’ll see you in a year or two, then you can rationalize all you want to everyone about what happened. Denial, it seems, knows no bounds.
BTW, lighten up on the caffeine.

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By truedigger3, June 24, 2011 at 12:18 pm Link to this comment

BR549,

Check the facts and study your subject before attacking Social Security, Ass Hole.
Are you kidding??!! Social Security is one of the best efficient programs that are run by the government.
People who are getting SS are not getting a hand-out from a Ponzi Scheme, Idiot. They had paid into the system and till now SS is adding income to the government and it is not costing it a penny.
Without SS many retirees would have been homeless or living with relatives, especially after your friends in Wall St. have looted their retirement savings.
With good paying jobs have been offshored at the urging of, again, your friends in Wall St., SS is now needed more than ever, since it is hard to save for retirement with current meager wages for the common people.

Your beloved Carter, was the first to start the current trend of letting Corporate America run amok by deregulating Trucking and Airlines. He repealed the Usury In Lending Law.!
I guess you like him because of his smile and he teaches Sunday School??!! What a biased ignorant, you are!!

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By radson, June 24, 2011 at 7:06 am Link to this comment

BR : Yes I agree with your assessment it holds true in most if not all of the important discussions .Noam Chomsky has written about these ‘pseudo’ arguments and or ‘convenient’
distractions for a long time now.I am beginning to wonder if the’ pundits of rhetoric ‘are running out of ideas or perhaps that they truly believe in what they are proselytizing.

this is a poem from 09 ,yet it does touch on what you’re saying.


The masters try their trade
whilst the many are waylaid
the words are spoken
yet the promises are Brocken
truth is avoided or worse
it is manipulated within a magnificent verse
that leads the resistance to quarrel over petty items
that hide the facts of substance
for an argument is welcome
if it deviates from the path
the path that is known to very few
yet questioned by even less
some attempt to spark a flame
a flame that will demonstrate the shame
hidden within a hideous game
played by the magnates who choose prowess and greed as their tangent
to benefit their caste
but how long will it last
before it is said ,that it has come to pass
that the road of the few is not the road of the many
who choose to live and give
for the benefit of community
and not necessarily conformity
for justice has many eyes
of which all are not blind
in order to see
one must be free
to speak one’s mind
what is dearest to most
the family the land or the holy ghost

Cheers

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By JackAttack, June 24, 2011 at 6:53 am Link to this comment

I delayed reading this article
because its conclusions have been
obvious to me for some time. 
Venting on Bill Clinton by the
commentators is largely a waste of
time but can be cathartic, I
suppose.

What I don’t understand is why
anyone thinks a law degree from an
elite school has anything to do with
having a clue to understanding
economic policy.  Clinton and
Obama are classic examples of
political operators who seize on
fragments of populist rhetoric to
get elected and then hand the
economy over to the most self
serving establishment interests
imaginable.

There isn’t any mystery here.  The money that puts you in power exacts its pound of flesh and the fix is in.  Pretending that either of these assholes has any interest in actually bettering conditions for anyone but themselves is the great con job that our “democracy” has become.

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By BR549, June 24, 2011 at 6:16 am Link to this comment

radson, June 23 at 9:33 pm
“Ardee and BR : It’s nice that you guys made up ,actually you kept it pretty clean which is commendable.”

I think it has actually been a goal to keep the members of the populace fighting amongst themselves. The more energy we waste on each other is less energy we are able to focus and organize against the real adversaries, those who are in positions to intentionally blur the lines of their culpability. Unfortunately, that refers to BOTH parties. Again, it’s a tag team.

The bottom line is that no matter which party gets in office, we always head further in the toilet. Check on their voting records and then try to have a discussion with these people. It’s like talking to a blank wall.

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By BR549, June 24, 2011 at 5:50 am Link to this comment

johncp, June 23 at 9:29 pm
“However, Clinton was brighter, stronger and cleverly gave this country the best deal it had gotten from a dem president since FDR, and I say this while acknowledging that he wasn’t able to free us from the control the fat cats exercised over us.”

....... And I suppose his kryptonite threaded cape is hanging in his closet .... [eyes rolling back]
Those “fat cats” you mentioned were on BOTH sides of the aisle. At the very least, he certainly wasn’t a dummy and this “Rhodes Scholar” should have known better, which was the opposite when Reagan was in office and he was totally used as a puppet. Reagan might have been considered a nice guy, but he had the intellect of a grape.

“There are also the same minority of Clinton haters posting here, that will continue their idiocy till their last days.  Most of them are simply republicans.  A few are delusional democrats.”

....... This gives the word “dismissive” a whole new level of definition.

“Clinton was and continues to be a dizzying success, still the best loved and admired of all living former presidents, a thousand times smarter than the dullard currently in the White House, and the most honored political figure on this planet.”

....... With emphasis on the “dizzying”. So, terms like WTO, NAFTA, Wire Tapping, FEMA Camps, Depleted Uranium, Vince Foster; these seem to induce a near complete memory loss.

I’ll close with a quote from what they claim was Vince Foster’s so-called suicide note, “Here ruining people is considered sport.”
A great commentary by a close friend. What a great philosophy to run a country with. It explains all of Hillary’s posturing around WalMart and China, the rug that would get pulled out from under the American people.

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By David J. Cyr, June 24, 2011 at 5:25 am Link to this comment

Because liberals live in a constant state of cognitive dissonance, Clinton will always have an army of apologists.

One of the many ways that liberals corporate-state dutifully ensure that evil always wins is that whenever Democrats transparently get the neoliberal evil done better than their Republican partners could (which they usually do) the liberal liberals call that progress, and the progressive liberals claim it was just mistakes… or a “betrayal of what Democrats are supposed to be”  that they promise won’t happen again the next time depraved Democrats lead the retrograde Republicans.

The corporate-state function of the fooled every time liberals is to ensure that every best possibility becomes an impossibility.

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By radson, June 23, 2011 at 9:33 pm Link to this comment

Ardee and BR : It’s nice that you guys made up ,actually you kept it pretty clean which is commendable

Cheers

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By johncp, June 23, 2011 at 9:29 pm Link to this comment

Scheer is known to be a Clinton hater.  Why he wrote this same crap, for the thousandth time, is clear; it gives all the other Clinton haters something to scream about, in their well-deserved isolation.  Most of the people posting to Scheer’s hate campaign actually try to make it clear, that Clinton became president precisely because he had already made it clear to the rich elites, that he was compliant and would capitulate to their wishes.  It’s incredible, that Scheer continues to lie so blatantly, pretending that his jealousy and bitterness about Clinton, has not led to his current madness.  Clinton was a failure at the same outcome that characterize all othe other dem administrations: he failed to undo the corrupition that has been foisted on the American people by a corporate stranglehold.  But everyone fails in this regard.  However, Clinton was brighter, stronger and cleverly gave this country the best deal it had gotten from a dem president since FDR, and I say this while acknowledging that he wasn’t able to free us from the control the fat cats exercised over us.  There are also the same minority of Clinton haters posting here, that will continue their idiocy till their last days.  Most of them are simply republicans.  A few are delusional democrats.  But Scheer should know better.  Scheer has it out for Clinton, but doesn’t have the guts to admit to himself that he hates Clinton, pure and simple, and not because of Clinton’s mistakes (all presidents make mistakes) but because Clinton was and continues to be a dizzying success, still the best loved and admired of all living former presidents, a thousand times smarter than the dullard currently in the White House, and the most honored political figure on this planet.

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By Michael Cavlan RN, June 23, 2011 at 8:13 pm Link to this comment

Not One More

Being organized already

New Progressive Alliance
newprogs.org

Check out Firedoglake

We are discussing it there.

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By Stan Jorgensen, June 23, 2011 at 8:00 pm Link to this comment
(Unregistered commenter)

I’m moved to comment for reasons I find—having
read the many, often perspicuous responses already
in—runs like a thread through many of them.

Why do you, and many whose thinking fundamentally
tracks with yours (and I’m one of them), think what
needs saying, what you need to be saying, is to heap
your contempt and spleen on Mr. Clinton???  I think
your points are mostly correct, but to me the story
is how those he gave position and power to, betrayed
a fundamentally good, good-natured, well-intentioned
man and brilliant too who fit our times. 

You do critique this crowd, but the bile and bite of
your writing is concentrated on Bill Clinton, the
man.  This started in the 90’s, when the Post,
Times, and L.A.Times,unstead of checking the Rapid
Right’s onslaught on the man, joined gleefully in
the butchering up of this elected, popular (among
voters and the general public) president. Arguably
the “best of all possible presidents” at the time.

Why didn’t the “liberal media,” while giving fair
play to Clinton’s flaws, zero in on the real “evil
ones” behind the mostly fraudelent, coordinated and
wildly reckless right wing character assassinators?
But no, what we got was the major media mostly
piling on with their own snideness, vehemence, and
willingness to “say anything” to treat their
audiences and readers with the latest dirt.

In retrospect, it seems to come down to the way to
keep up their rating and readerships (which were on
the wane), was to aid, abet, and even outdo the Ann
Coulters,Barbara Olsons, Peggy Noonans, David Brocks
(before his conversion), and bully boys like
O’Reilly and Hannity whose real appetite was for
attacking,inflicting pain, and doing as much damage
as possible.  And keep it going night after night.

Mr. Sheer, I think in the end it’s the same with
you. Smearing Clinton sells.  Isn’t that at the root
of your choices???

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By BR549, June 23, 2011 at 7:35 pm Link to this comment

ardee, June 23 at 5:07 pm Link to this comment
“I am no fan of Clinton as I have stated and restated, but I am a fan of truth and honesty,” ..... You could have ended it right there and I would have understood completely.


“..... thus I end this discussion as you seem incapable of being such, sorry I must say that but try I did.”  ...... You stole my line.

Instead of getting adversarial about it, let’s just say that we both see the corruption involved and understand how it has impacted this country. My point in including the other information was to try to concatenate the involvement of both the Bush and Clinton families, and finally Obama, and showing just what an elaborate tag-team event this all is.

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By ardee, June 23, 2011 at 5:07 pm Link to this comment

BR549, June 23 at 12:27 pm

A strange argument and one that clouds my opinion of what you try to achieve frankly. The website you linked to to “prove” your point unabashedly claimed the mantle of conservatism, and in bold type at the masthead. Yet you continue to claim otherwise when the damn owner of that site refutes you himself. Like I said , a real puzzle.

I am no fan of Clinton as I have stated and restated, but I am a fan of truth and honesty, thus I end this discussion as you seem incapable of being such, sorry I must say that but try I did.

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By Not One More!, June 23, 2011 at 4:16 pm Link to this comment

The least you can do, if you see the corporate puppet strings that runs straight through Reagan, Clinton, Bush and Obama, is to start voting third party (or write in anybody’s name). It is time to let somebody know by our vote that the corporate elected candidates don’t have a mandate.

If all the disenfranchised voters actually voted next election for someone other than the two major corporate parties (and just to be clear, this doesn’t include the tea party), and the winning vote gets less then 45% of the vote, that might show people that at least some people don’t buy into the corporate candidates and their corporate agenda.

The least we can do is not give the stick to the man who is going to hit us over the head with it. Let him find his own stick. Stop voting for the man who is going to hit you over the head, all for the benefit of the corporate elite.


We are mice and we keep voting for cats. They get fatter and we lose out. How much longer will this go on? (I’m not holding my breath).

Try voting for someone outside of the democratic and republican party. Stop throwing your vote away on corporate owned candidates.

http://www.notonemore.us/peacequotes.htm - Vote for Peace

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By ohiolibgal, June 23, 2011 at 3:58 pm Link to this comment

Agree with this opinion whole heartedly, Bubba, in the end, was a polished blue dog.He adds to that by being a pal of the Bushies these days.

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By markus, June 23, 2011 at 3:23 pm Link to this comment
(Unregistered commenter)

Does, “HAVING YOUR ENEMIES CLOSER”, fit the O’Bama camp?

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By markus, June 23, 2011 at 12:57 pm Link to this comment
(Unregistered commenter)

@Ardee,@BR549and@David J. CYR…..Sorry my script isn’t set up correctly.  All
three of you are to be commended for you Post.  I have spent time researching till
dawn on all of the Snops mentioned by the three of you.  I believed for years that
Clinton left Jr.Bush a surplus, but after reading the Snops, by Ardee and you
BR549, I’m at ends.  Two sets of facts and both look Legit.  David J.Cyr, you
opened my eyes to the IMF and The Evil.  I liked the Howie Hawkins interview as
well.  The Alleen Dulles scenario in ref. to JFK was an EYE opener as well.Clinton
did his job as my father would have said, “If you can’t Dazzle them with Brilliance,
then Baffle them with Bull Shit”.  I tripled my investments during his POSTUS,
probably the only good thing.  The money sits in a Safe Deposit Box.  Wonder why!

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By BR549, June 23, 2011 at 12:27 pm Link to this comment

By ardee, June 23 at 2:46 am Link to this comment
“Gee, no sense of humor apparently. My riposte was meant as humor,”  ............ well, if that was attempt at humor, don’t quit your day job.

“At least my “pussy factheck website doesnt have this header, as does yours:Craig Steiner, u.s. Common Sense American Conservatism”
Had you been paying any attention to the discussions a while back about the confusing mislabeling of both candidates AND voters, it would have been blatantly clear that Steiner was on both sides of the fence, as am I. I do not categorically assign myself a seat in any camp, as some people do, and I refuse to be labelled a centrist just because someone needs to pidgeon-hole people in order in order for them to sleep at night. Right Wing “Chicken Little” supporters are just as abhorrent to me as those mindless bleeding heart liberals. Neither group has two adjacent brain cells that are capable of communicating with each other.

“I doubt seriously if you can find any economist not partisan to politics of the 1800’s who isn’t solidly behind the economic growth under Clinton.”  -  (really?) I’ll stick with the 1900s and trust Paul Craig Roberts and Catherine Austin-Fitts, but then I suppose you are so much more well informed that they are. The bottom line is that far too many of the Clinton era officials have been reinserted into the Obama nightmare, so having any significant comparison base is difficult. The fact that the two of them had been working within Republican administrations, I guess, is somewhat countered by the fact that they are now so critical of those administrations.

In 2000, it didn’t didn’t take a college degree to see that Bush, as much of a moron as he was, was handed a financial house of cards from Clinton ....... but by that time, I had already disaffiliated myself from the two major parties 8 years earlier.

I know this this may keep you tossing and turning tonight, but try to remember back when Bush41 gave his sickeningly sweet speech about the “New World Order” and a “whole new world of possibilities”. When he couldn’t ram NAFTA through under his tenure, Clinton, instead of refusing to sign NAFTA into law, was all too obliging to finish up where Bush had left off. Later on, at the end of the Clinton nightmare, Clinton/Albright was hot to renegotiate the US-Paraguayan Extradition Treaty. Right after that, Bush buys that 99,980 acre parcel conveniently close to a US air base and directly over the largest subterranean aquifer in S.A.
http://www.thepowerhour.com/news2/bush_paraguay.htm  (In Paso De Patria)
http://en.wikipedia.org/wiki/Mariscal_Estigarribia            (the nearby US airbase where US soldiers have diplomatic immunity)

You can say what you want, but it only gets a lot uglier from there. Just as Hillary and Bill were massaging their Chinese interests, Bush was having his daughter Jenna surreptitiously buy up the aquifer. It’s a tag team. Bush and Clinton are both pond scum and they are both just as guilty for the current state of economic affairs. Traitors; both of them.

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By surfnow, June 23, 2011 at 6:11 am Link to this comment

Just looking at the photos of that ruthless racketeer and killer ( at least 19 murders to his credit) Whitey Bulger. He looks like he could be the chairman of the DNC.In fact the only difference between him and leading politicians like Clinton and Obama their crimes are “legal.”

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By madisolation, June 23, 2011 at 5:52 am Link to this comment

I think global hackers akin to Anonymous ought to disrupt the entire corporate money structure, the IRS, their spying, and their defense systems. Disrupt everthing and get rid of them. Shut them all down.
They’d be unable to transfer their bribe money, unable to collect money for war, unable to do anything. We should make them sweat. Oh, and put a huge surplus of money into Social Security and Medicare. Some cyberwarfare to really screw them over would be a nonviolent way to disrupt their plans.

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By Michael Cavlan RN, June 23, 2011 at 5:47 am Link to this comment

David Cyr

What you say is 110% accurate.

I know Howie Hawkins personally. Of course liberals always whine about a need for “campaign contribution reform” and then vote for the guy who has taken massive amounts of campaign contributions for corporate money.

They cry that the person in question is “electable” when of course it is the corporate corruption that makes them “electable.”

So instead, they scream at and do everything in their power to attack and smear the person who is walking what they claim they stand for. Even to the point of being willing to keep them off the ballot and deny any who do have the courage and integrity to vote for them.

Of course I give you all exhibit A

Ralph Nader

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By ardee, June 23, 2011 at 2:46 am Link to this comment

BR549, June 22 at 4:14 pm

Gee, no sense of humor apparently. My riposte was meant as humor, but, now that you have engaged with such garbage as:

Rabid conservative? Lying asshole? Obviously, if you did as much homework checking out your pussy factcheck website as you did researching my political leanings or even Steiner’s, I can see why you arrived at your myopic analysis.  Steiner’s stance on a number issues is not just “conservative”, as anything contrary to your viewpoint appears to get labeled, but an interesting spectrum of opinions. I don’t happen to agree with him on abortion issues, but there are many other issues that I think he has taken a very logical approach to, no matter which side of the fence one is on or how we wind up defining those fences. While I may be a staunch supporter of fiscal conservatism, that in no way means I am a “conservative”.

At least my “pussy factheck website doesnt have this header, as does yours:

Craig Steiner, u.s.
Common Sense American Conservatism

I guess your spittle flecked response indicates that you didn’t bother to delve into the Annenberg figures huh?

Your rabid conservative is twisting math and your opinion as well. You believe your numbers Ill believe mine. I doubt seriously if you can find any economist not partisan to politics of the 1800’s who isn’t solidly behind the economic growth under Clinton. Full employment, a balanced budget ( regardless of bullshit it actually was such)
and a surplus that Bush 43 destroyed rather rapidly.

For the last time, I do not defend Clinton’s policies, many of which paved the ground for the disasters that followed, but I do defend truth. I am sorry that my words were too strong for you, they were meant tongue in cheek as I previously thought you an adult.

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By RayLan, June 23, 2011 at 2:35 am Link to this comment

The electoral game that this Tweedledeedee and Tweedledeedum two party system is playing works to advance the corporate agenda - by deceiving the people into electing the ‘lesser of two evils’.
There is no centrist compromise between true left and true right - they are essentially incompatible. We don’t have clear political ideologies - just a pretext for the corporate -super capitalist - totalitarianism.

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By room206, June 22, 2011 at 10:39 pm Link to this comment

Treasonous fiscal policies are like messy blue dresses, they’re cleaned up and straightened out after the DNA deposits are identified.

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By SteveL, June 22, 2011 at 9:54 pm Link to this comment

Yeah and the Bush tax cuts and wars were a wonderful contribution also.

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By gingerly ruthless, June 22, 2011 at 8:51 pm Link to this comment
(Unregistered commenter)

His legacy began with the Whitewater (real estate) scandal and it’s one which has culminated even more so in the mortgage debacle of today.  Well done Clinton(s) o’le boy(s)!

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By DHFabian, June 22, 2011 at 7:35 pm Link to this comment
(Unregistered commenter)

BR549:  “?FDR was unfortunately right smack in the middle of the Social Security swindle that was formulated between 1933 and 1937. It looked good from the outside but it severely undermined every citizen’s last sense of individual soverignty.”

You’re serious?  (I do note that you are consistently cranky and contrary - and have no complaints about that.) Social Security has saved countless lives, and prevented even more from years of suffering in extreme poverty. I fail to see how this extraordinarily successful program could be compared to a “Ponzi scheme.” Social Security is more important than ever, given the economic changes in the US since Reagan.  Using taxpayer dollars, our corporations have exported a massive number of family-supporting jobs, and additional policies have been put into place (workfare, etc.) to effectively suppress US wages and eliminate workers’ rights, protections and benefits. It isn’t possible for most to “save for retirement.”  It isn’t even possible for most to stash away enough money to cover the “maximized” health insurance premiums that would have to pay without Medicare.  If Social Security ended tomorrow, it would be necessary for the government to compel families to financially provide for their elderly and disabled relatives; institutionalizing these people would cost more than Social Security itself, and I don’t think Americans are quite ready yet to accept the presence of dead bodies of homeless elderly and disabled people lying around, blocking sidewalks. Yes, I know the rich don’t need it, so they are fine with seeing it ended. The rich are not our priority.

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By David J. Cyr, June 22, 2011 at 7:33 pm Link to this comment

QUOTE, NABNYC:

“We need a new political party, with politicians who ‘campaign’ online with a few dollars, no high-paid consultants, no TV time, no tours, no corruption, just people willing and committed to represent the rest of us fairly.”
__________________

It’s refreshing to see someone rationally not refer to any inconsequential “3rd party” since it’s a 2nd party that’s actually needed… and it’s already there for anyone with the guts to not vote for either evil.

In the 2010 New York State Gubernatorial Election, the Green Party of New York State provided the candidate that liberal liberals and progressive liberals said they’ve been waiting for, Howie Hawkins, who is a real person and well qualified to govern in the people’s interests.

However, the liberal liberals and the progressive liberals flocked to the polls to join Republicans to corporate compliantly vote for the corporate party’s pre-installed gangster, Andrew Cuomo (D), a Democrat Governor who caucuses with the Republicans in Albany.

While abusing same-sex marriage advocacy (as a cover for his retrograde fiscal policies), Cuomo fucked both the public sector unions and NY’s non-rich “rent-control” renters today… like only a liberal can. The fuckees voted for Cuomo to fuck them, like he campaign promised he would.

The Manhattan real-estate investing Koch family got good return on their money today from their campaign “contributions” to the Democrat, Cuomo. They bought him cheap, like a $2 whore.

Howie Hawkins:
http://www.youtube.com/watch?v=mMndCpT5-58

New York’s liberals presumably wouldn’t vote for Hawkins to be governor because he’s an intelligent, decent, honest, good working class man who would have fought to get what liberals only say they want, but always vote against every chance they get.

The liberals who are evil are irredeemable, and the liberals that are not evil are quite apparently uneducable.

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By BR549, June 22, 2011 at 7:25 pm Link to this comment

litlpeep, June 22 at 6:54 pm
I understand what you’re saying about the “security” framework that our powers-that-be were so eager to grab from the Nazis. It wasn’t this country’s most glamorous period in history. Truman wasn’t one of my favorite people, either; he was very hot-headed.

And, as you say, Kennedy’s later attributes may have just been mired in the typical corruption associated with politics, but he did appear to have a change of heart over many issues. Oh, well.

I was more concerned with the FDR hype, since he, as well as Kennedy (and it seems every other slime ball politician), can’t seem to remember what honesty and integrity are.

Anyway, I liked Carter. :o)
After him, but not because of him, the whole political environment in this country really went to shit.

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By litlpeep, June 22, 2011 at 6:54 pm Link to this comment

BR549:  “I don’t agree with the FDR bit, though, as Truman had one hell of a time trying to clean up the corruption he inherited from FDR ...... (and Truman was his VP).”

You’re welcome to disagree.  But Truman worked closely with a bipartisan (mostly Democratic) congress to appease the far right wing and give us the National Security apparatus (Pentagon, NSA, CIA, etc.).

According to three major historians who recently researched and studied the Truman years closely, that is where today’s US radical police (nationally and internationally) state emerged to never again be reversed, and it has simultaneously been increasingly devoted to raw capital, giving ground politically only when the voters would not resist (which was mostly never).

As for JFK’s supposed late revelations about the errors of his ways, that all is yet to be documented.  I don’t buy it, especially in light of the way he played poker with Kruschev with the globe as the final bet.  Thank heavens Kruschev blinked.  Because captain machismo couldn’t imagine any way to work out a compromise that would allow Cuba to actually be an independent nation.  That, however you measure it, radically violates the Declaration of Independence of the Second Continental Congress, July 4, 1776.

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By David J. Cyr, June 22, 2011 at 6:28 pm Link to this comment

There’s an excellent film that well documents some of what liberals do to others less fortunate, when they vote for Democrats.

Life & Debt
http://www.lifeanddebt.org/

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By MeHere, June 22, 2011 at 6:10 pm Link to this comment

Good assessment from R. Scheer.

He didn’t mention NAFTA though, for which B. Clinton publicly (and charmingly)
apologized last year saying “we made a Devil’s bargain.” Haiti was forced to drop
tariffs on imported, subsidized US rice during his term in office. The policy wiped
out Haitian rice farming and seriously damaged the country’s ability to be self-
sufficient. Later on, he was named UN Special Envoy to Haiti!

Clinton was just one more link in the same 2-party political chain that has been
extending to where we are today.

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By MrCannuckistan, June 22, 2011 at 5:32 pm Link to this comment
(Unregistered commenter)

Feel free to blame the plight of every alcoholic on the repeal of prohibition too.

MrC

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By lasmog, June 22, 2011 at 5:01 pm Link to this comment

It seems fitting that after the Wall Street bailout, Chelsea Clinton marries an ex-Goldman trader who is now setting up his own hedge fund with other Goldman alums. Why do I picture Don Corleone at the marriage of his daughter? - May their first child be a masculine little banker.

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By BR549, June 22, 2011 at 4:28 pm Link to this comment

litlpeep, June 22 at 3:30 pm
“The last president we had with a conscience was Carter, and he was an inept manager & leader.  The last president before that with a conscience was FDR.”

I would agree with what you said about Carter. I really did like the guy, still do, but having to deal with that band of sociopathic pitbulls we call Congress, he wasn’t going to accomplish much. I don’t agree with the FDR bit, though, as Truman had one hell of a time trying to clean up the corruption he inherited from FDR ...... (and Truman was his VP).

FDR was unfortunately right smack in the middle of the Social Security swindle that was formulated between 1933 and 1937. It looked good from the outside but it severely undermined every citizen’s last sense of individual soverignty. Personally, although I am no great fan of the Kennedy’s or their disgusting origins and legacy, I did like what JFK was starting to evolve into right before his assassination. When corrupt maggots like Gen. Lyman Lemnitzer and Allen Dulles get pissed off at him, you know he was on the right track. Personally, I think the guy had a change in conscience and for that I’ll gladly give him the benefit of the doubt. Someone correct me if I’m off base here.

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By BR549, June 22, 2011 at 4:14 pm Link to this comment

@ ardee, June 22 at 2:57 pm Link to this comment
By BR549, June 22 at 8:12 am Link to this comment
ardee, June 22 at 2:54 am
“When Clinton left office we had a surplus, did we not? We had a balanced budget as well, right?” ......  wrong
Here’s at least one website dealing with that myth of a Clinton Surplus:
http://www.craigsteiner.us/articles/16

===================
By Ardee
Ahhh American politics, ain’t it grand. I had not intended to get into a defense of Clinton but when someone (you) posts a link to a rabid conservative (read lying asshole’s) site, I just gotta counter and riposte with:
http://factcheck.org/2008/02/the-budget-and-deficit-under-clinton/
I see your right winger and raise you an Annenberg.

===================

Rabid conservative? Lying asshole? Obviously, if you did as much homework checking out your pussy factcheck website as you did researching my political leanings or even Steiner’s, I can see why you arrived at your myopic analysis.  Steiner’s stance on a number issues is not just “conservative”, as anything contrary to your viewpoint appears to get labeled, but an interesting spectrum of opinions. I don’t happen to agree with him on abortion issues, but there are many other issues that I think he has taken a very logical approach to, no matter which side of the fence one is on or how we wind up defining those fences. While I may be a staunch supporter of fiscal conservatism, that in no way means I am a “conservative”.

You were apparently so outraged that someone might actually have the temerity to disagree with you that you failed to note that Steiner’s data came from the US Treasury, and until I see more definitive data either way, I will stick with Steiner’s data for the time being because it is apparent he has done far more homework than your pseudo-Snopes, bleeding heart liberal rag of a website ...... whatever party he tends to favor. He calls himself a conservative, but many of his stances are not in line with the party line you accuse him of.

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By reynolds, June 22, 2011 at 3:32 pm Link to this comment

he’d sell a rat’s asshole to a blind man for a wedding
ring

- richard brautigan

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By litlpeep, June 22, 2011 at 3:30 pm Link to this comment

last paragraph of the article

“As with so much in the Clinton record, the former president remains in deep denial over having any culpability for his misdeeds. In his thousand-page memoir there is no reference to the above-mentioned radical deregulation of the economy that he presided over. As evidenced by his Newsweek article, the man has long been convinced that there is no problem or contradiction of his that cannot be simply plastered over with blather. Sadly, he may be right.”

Yes, it all comes down to that with Clinton.  Unfortunately, the same national amnesia seems to
offer the same honors to any occupant of the White
house.  Obama is already getting a slide by almost
all the D party’s registered voters for his failure to even competently begin addressing the recession, beyond following GWB with more TARP bailouts for
the nation’s least worthy folks, while almost totally ignoring the 95% of the nation’s most worthy folks.

Note to kerryrose:  It isn’t peculiar to them because they grew up materially poor, that they join the enemy when getting power.  It is because they have, like almost every politician in the US, devoted their entire lives to shaping and polishing their images, and had no time remaining to inform their minds or consciousnesses.  Thus they act as if they are unconscious about the basics of the US political economy, because they are so unconscious.  They also lack any conscience.

Only Bernie Sanders in both houses of Congress has taken the time to inform his consciousness and also his conscience.

The last president we had with a conscience was Carter, and he was an inept manager & leader.  The last president before that with a conscience was FDR.  Enough already said about him for now in the article.

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By ElkoJohn, June 22, 2011 at 3:02 pm Link to this comment

‘‘the former president remains in deep denial over having any culpability for his misdeeds’‘

Robert, it’s not ‘‘deep denial’’—it’s spin, dishonesty and double-speak.

Same with Obama and the DLC—they are doing what they think is right for global, corporate capitalism and ‘‘tinkle down economics.’’

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By ardee, June 22, 2011 at 2:57 pm Link to this comment

By BR549, June 22 at 8:12 am Link to this comment

ardee, June 22 at 2:54 am
“When Clinton left office we had a surplus, did we not? We had a balanced budget as well, right?” ......  wrong

Here’s at least one website dealing with that myth of a Clinton Surplus:
http://www.craigsteiner.us/articles/16

Ahhh American politics, ain’t it grand. I had not intended to get into a defense of Clinton but when someone ( you) posts a link to a rabid conservative ( read lying assholes) site I just gotta counter and riposte with:

http://factcheck.org/2008/02/the-budget-and-deficit-under-clinton/

I see your right winger and raise you an Annenberg. wink

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By Michael Cavlan RN, June 22, 2011 at 1:48 pm Link to this comment

For the record.

There is a fascinating discussion going on at firedoglake about Al Gore and his lasted words about the Obama Administration. His “disappointment.”

The people who are in denial is not Bill Clinton. It is those Trade Unions, Social Justice activists and others who supported Bill Clinton. Even as the Clinton/Gore Administration destroyed everything that the Trade Unions and Social Justice activists believed in.

Come check out Firedoglake.

Where there is the beginning of created a brass microphone. Instead of the golden microphone.

You know. The golden microphone rules?

If you have the gold or speak on behalf of those with the gold, you get the golden microphone.

Stop listening to those with the golden microphone.

Borg test complete..

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By Big B, June 22, 2011 at 1:42 pm Link to this comment

The argument could be made that there has been only one psudo-liberal president since FDR. And good ‘ol LBJ may have been the man that started our ball rolling downhill with his complete sellout to the MIC during Vietnam.

We are now witness to the affect of unchecked conservative policy since 1968. And since the signature is now dry on corp americas purchase of the DNC, there will be no help forcoming. We have now rolled our nations clock back to the 1880’s, the era of the Robber Barons. And I am afraid that, short of an outright collapse of america, it will now take decades of labor strife and near revolution for working class americans to get back to where they were in 1980.

Sorry folks, but we true liberals (not democrats) cannot come to your rescue this time. We are too outnumbered and way out gunned this time. I am afraid the new worlds dark ages are coming.

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By caped amigo, June 22, 2011 at 12:33 pm Link to this comment

Thank you Mr. Scheer for this column. I don’t read Newsweek anymore, but it
didn’t take your astute observation to remind me what a self-serving swine Bill
Clinton is. Once again, the corporate state is trying to reshape history through
bogus indoctrination. Shame on you Nesweek.

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By BobZ, June 22, 2011 at 12:25 pm Link to this comment

Ginrich had the temerity yesterday to talk about 75 years of liberalism destroying
the country. LOL at his idiotic comments. When you add in the eight years of
Clinton we have had nonstop right wing economic policies for at least since 1980,
and I am giving Eisenhower, Nixon, and Ford credit for being moderates. The
American working class and middle class have made no economc gains. All of the
American purchasing power has been acomplished through two income
households and borrowing.  Having a stay at home spouse became the true luxury
in our society. FDR, Truman, and LBJ gave us the safety nets we enjoy today.
Thank God we at least had three liberals in office. Obama has done what he can do
given the limits of what he was given to spend. George W. Bush pretty much left
the pantry empty when he left office. The biggest mistake Obama made was not
telling us just how bad the situation was when Bush left office. He, Bernanke, and
Geitner had to know just how close we came to a second great depression.

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By NABNYC, June 22, 2011 at 11:44 am Link to this comment

Bill Clinton and Bob Rubin worked hand in hand to destroy the economy, relying heavily on the advice of Wall Street and the multinational corporations it represents, and with the assistance of Alan Greenspan who has served the Wall Street masters from the time he got inside the federal government.  They were all motivated by the same desire:  bribes.  Money.  Wealth.  Power.  (Girls?). 

To a lesser extent, Rahm Emanuel is part of this evil group because he was brought in to ram through Nafta, which was the beginning of the WTO Trojan Horse which has now crushed the American working people.

I hold Bill Clinton personally responsible.  He sold us out.  He is a smart guy.  Maybe not as smart as the people from Wall Street who presumably gave him the lies and justifications he used to push through the policies they wanted.

Remember, when Bill Clinton left office he supposedly had few assets and millions of dollars in legal bills.  Yes, he and wife were both given millions by publishing houses for their memoirs, disguised political gifts, enough to live on comfortably.  But Bill Clinton did not want to be comfortable—he wanted to be king.  Because of his role as a servant to Wall Street, because he used his office to allow the WTO to take over the country, to allow Wall Street to begin looting all our money, he was given enormous amounts of money by Wall Street, by the banks, and by foreign interests that profitted from his evil and traitorous deeds.  At last count I recall he had close to One Billion Dollars that had been given to him, or his “charity” as he calls it, which he controls, and from which he has built himself a new throne and empire so he can be king forever. 

It’s so ironic, that it was a Democratic president who set in motion the policies and programs which have crushed the working people of this country.  But I shouldn’t be surprised.  I remember during the Clinton years, all Democratic politicians were suddenly incapable of using the term “working people,” and only devoted themselves to that most beloved group called “the middle class.”  Which means white people, in the suburbs, somewhat conservative.  Meaning that Clinton turned the Democratic Party away from those it had previously represented.  Now the Democrats receive as much money from Wall Street and corporations as do the Republicans. 

In fact, many of the Unions are indistinguishable from Wall Street anbd corporate CEOs, with union management paying themselves enormous salaries and benefits while allowing working people to be crushed.  Nobody represents the majority of people in this country.

We need a new political party, with politicians who “campaign” online with a few dollars, no high-paid consultants, no TV time, no tours, no corruption, just people willing and committed to represent the rest of us fairly.

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By Andy P, June 22, 2011 at 11:31 am Link to this comment
(Unregistered commenter)

I’m sure all the unemployed people left in his wake are proud of his ending welfare
as we know it.

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By SarcastiCanuck, June 22, 2011 at 11:21 am Link to this comment
(Unregistered commenter)

Anybody consider that Bill perfectly represents the schizophrenia of our current society?Probably one of the mentors…

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By radson, June 22, 2011 at 11:18 am Link to this comment

TAO :Hahahahahahah that’s quite the sense of humor you got .That’s the funniest post that I’ve read in a long time.You see folks Bill is thinking about his legacy -basically himSELF and that of his offspring at your expense and he’s not done yet ,he still has a shitload of fine words for all the suckers still willing to listen and he sure as hell knows where the Power
Lies ,so next time Bill goes for a Piss ,you just have to call it a warm summer rain .

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By prisnersdilema, June 22, 2011 at 11:05 am Link to this comment

So now what? Will we cling to the debris left in the water, as the world spins out of
control? Are just so much flotsam? Like ship wrecked sailors arguing about the
qualifications and competence of the captain who sent us into the water, and the rest of
the crew to Davy Jones locker. What will we do now? How will the Democratic party
ever be anything but a different version of the Republican party? This country is in the
hands of crooks who have looted the treasury, and are still looting it. They are also
poisoning the food we eat, the ideas we think and, selling us into penury. The are
creating a E.L.E, for the Oceans. They do not care about what the people think or feel, 
ecause they own us. They will do anything they want with us, including murdering our
children in their sleep. They know they are above the law. And you want to argue about
a Bill Clintons article in New Speak?

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By mackTN, June 22, 2011 at 10:49 am Link to this comment

When this country elected the self-centered Bill Clinton, Democrats lost their
party…forever.  He drove progressives to the Green Party, dissed Sister Souljah,
betrayed Lani Guinere, destroyed welfare and let all the recipients fend for
themselves, not even offering job training, and then buddied up with Vernon
Jordan to talk about p….sy. 

At this point, I’ve given up on corporate sponsored politicians, all who lie just as
much as Anthony Wiener. 

I’m ready for a revolution…in the spirit of John Brown and Guy Fawkes. Anybody
need a ride?

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By TAO Walker, June 22, 2011 at 10:37 am Link to this comment

So let whoever here isn’t also ‘treading’-effluent, in the festering cesspool that “....is NOT a river in Egypt,” (and Robert Scheer is MOS’ DEFinitely NOT “....in that number”) fling figurative feces at Bubba-the-good-ol’-boy, who only keeps his own whorey (sp?) head barely breaking the smelly surface by pushing-under it those who’re so unfortunate as to drift within his grasping reach.  What exactly is the stupid (and stupifying) eCONomy, after-all, but the operating system for the sick-“SELF”-CONtrolled (and sickening-“self”-CONtrolling) “civilization” disease?

Everybody floundering and foundering in the damned CON-TRAPtion right now is just so much shit-out-of-luck waiting to happen, anyhow.  So how-to (as “Anarcissie” might perceptively put it) “Get out of the pit!”? 

In our long and attentive experience here in Her Living Arrangement, as a vital component in Mother Earth’s natural immune system, us surviving Free Wild Peoples can Whole-Heartedly recommend “a rising tide” of The Living Virtue of Organic Functional Integrity as the one tried-and true Way that can “lift all boats.”  It sure-as-hell is all that keeps ours ‘afloat,’ in the shit-storm of “self”-obsession presently overwhelming all the ideological/institutional/technological CONceits to which homo domesticus clings so desperately, and so vainly, here in these latter Days.   

Meanwhile, as even horn-dog Willy had to CONcede, we’re ALL in this (sink-or-swim) TOGETHER NOW!

HokaHey!

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By DHFabian, June 22, 2011 at 10:33 am Link to this comment
(Unregistered commenter)

Greg, I believe this is the first time I ever heard someone refer to Clinton as “fundamentally decent,” and I’d be interested in hearing how you reached that surprising conclusion.

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By Michael Shaw, June 22, 2011 at 10:11 am Link to this comment
(Unregistered commenter)

And California Ray, don’t forget that Saddam Hussein asked George Baker III(under George H W Bush) if the US would mind him invading Kuwait, whom he alleged were slant drilling into Iraq stealing his oil. Baker told him “the US has no interest in that region,” giving Saddam the green light. That came about through testimony via the sadly ignored investigation into Iran-Contra scandal. All Clinton did was basically continue with old man Bush’s policy just as Obama has sadly continued with W’s. Of course the real sad part is that presidents worry more about staying in office then they do about doing the right thing. God forbid if they end a war, lest the major media (owned mostly by defense contractors and their buddies) portray them as incompetent cowards to the mostly uninformed public. Actually Clinton, who bombed Iraq’s infrastructure into the stone age and literally starved them was the major obstacle to Bush 2 calling them a threat to the US and boondoggling us via cherry picked and fabricated intelligence to invade. The truth was Iraq wasn’t capable of defending itself from its surrounding neighbors let alone threaten the sovereignty of the United States.

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By Michael Shaw, June 22, 2011 at 9:54 am Link to this comment
(Unregistered commenter)

Mr. Gulam, at least LBJ continued with the FDR package. He even enhanced it by creating Medicare.He also passed more civil rights legislation than even Kennedy had suggested or for that matter to date, more than any other president. Certainly he had some pitfalls when we look at the CIA fabricated Bay of Tonkin debacle that enabled an escalation of the Vietnam war(started by Eisenhower sending in military experts, then Kennedy sending in ground troops)But to suggest he helped get Kennedy killed is preposterous. LBJ was a new dealer first and foremost and he didn’t throw us under a bus like Clinton did. If you are looking for a possible primary subject concerning the Kennedy assassination look to the memoirs of Harry S Truman and George H W Bush’s good buddy Allen Dullus, CIA director fired by Kennedy after his bungled operation known to most as The Bay of Pigs. Dulles hated Kennedy and was affronted that this “young punk” fired him. He even had Truman’s interview pulled off Newsweek and other publications using his CIA connections. Check into his family history, then humbly apologize to LBJ.

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By Jack H, June 22, 2011 at 9:51 am Link to this comment

Something can be true even if Clinton says it. The idea (not new)of painting roofs and other horizontal surfaces white is indeed a win-win. It not only saves on A/C, it could do some significant good on global warming.

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By California Ray, June 22, 2011 at 9:41 am Link to this comment

Robert Scheer, thank you for reminding us of Pres. Clinton’s catastrophic policy mistakes. It is necessary and appropriate to keep hammering away at him for those mistakes.
Another significant mistake Pres. Clinton made was to help to undermine and sideline the UN (e.g., with respect to Bosnia, Boutros Boutros-Ghali, Qana, UN dues, etc.)  By the time Clinton left office, Americans’ respect for the UN was so insignificant that the U.S. news media virtually never felt the need to question why the nonsense peddled by Pres. George W. Bush should be believed over the facts presented by Hans Blix and Mohamed ElBaradei and other UN officials.
And, finally, let it be remembered that the call for regime change in Iraq came first from the Clinton Administration.

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By Mark E. Smith, June 22, 2011 at 9:39 am Link to this comment

Bones writes: “Elections are ridiculous and childish. 
Petty personality contests with no discussion of real
issues.  And the press is too lazy or corrupt to
point out the candidates’ records of failures.”

Elections are much worse than that. Corporations and
the military-industrial complex spend billions on US
elections to turn out the vote for Rockefeller
puppets. If only those who approve of what their
political party and the government is doing turned
out to vote, there would be no more than an 11%
turnout. All those billions would have been spent in
vain and our capitalist imperialist government would
no longer be able to claim the consent of the
governed.

I wish every Democratic, Green, and Libertarian voter
could read this article and also Phillip F. Nelson’s
book, LBJ: The Mastermind of JFK’s Assassination. Our
elections are rigged. No matter who they vote for,
Rockefeller always wins. Our troops are still dying
for Standard Oil, even though it has been renamed.
Nothing changes except for the worse.

Even as they lament the Supreme Court ruling in
Citizens United, US voters will be swayed by the
multi-billion dollar media campaign lies about both
parties’ candidates and will turn out in the millions
to vote against themselves and their country’s
interests, each claiming that the other parties are
worse than theirs and that they have no choice. They
have a choice—they could stay the f*ck home and
leave the corporations billions of dollars in the
hole with nothing to show for it.

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By Michael Shaw, June 22, 2011 at 9:39 am Link to this comment
(Unregistered commenter)

Clinton sold us out primarily to gain another term as president(and cement his lavish future) when he signed this republican legislation into law. But look where that got him, into the soup over Lewinsky with a whole lot of help from the same GOP legislators he worked with to create the mess we now have. What’s worse is Obama appointing the same corporate stooges like Summers, who on a good day looks uncannily like Herman Goering at Nuremberg.Perhaps we can’t tell a book from it’s cover but one brief glimpse inside(thanks to Mr Sheer) helps settle the comparison.

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By Gulam, June 22, 2011 at 9:37 am Link to this comment

Does nobody in America remember Lyndon Johnson and Hubert Humphrey? This is
what the Democrats have always been about, panderers to big money and war
mongers of the worst sort, the other half, along with the Republicans, of a
professional wrestling tag team. Anyone over forty who takes them seriously at all
has no memory. And, as the years go by, there is more insistence by historians
that Lyndon was behind, among other murders in Texas, that of the last
Democrats worth their salt.

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By mrfreeze, June 22, 2011 at 9:25 am Link to this comment

As I read Scheer’s (excellent) post and the comments so far, I can’t help but think that one of the biggest problems we have in this country is the belief that “President_________________” fill in the blank, is going to solve our problems or make things better or “represent the interests of the American people” or ultimately really change the nature of our corporate-owned and operated empire.

I’m not sure if this “president-fixation” could be characterized as some sort of fetish or national/collective personality disorder (an inability to focus on something other than what the president does or doesn’t do.

And I’m not being naive or flippant in bringing this up (presidents are important), because, whilst almost ALL Media coverage over the last couple of decades has been almost entirely focused on what our presidents do or don’t do, the system continues to suck the life’s-blood out of an America that might have been more equal economically, more well-developed and more self reliant. The Media (now de-fanged by it’s corporate masters and budget cutting) simply cannot report on the real news because they would actually have to do their job.

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By gerard, June 22, 2011 at 9:14 am Link to this comment

This type of column sure brings out the vicious blame and recrimination.  Yet it’s been clear for some decades that the “public citizen” was weakening due to eating fatty foods and watching too much tee-vee. But who has done what about much of anything—except those stalwart minorities who insist upon not only surviving, but eventually getting together to set things back on track for democracy—more or less.

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By David J. Cyr, June 22, 2011 at 8:56 am Link to this comment

Well, nice liberal ladies, like Harriet Christian, will likely be immensely pleased with the corporate party’s next-in-line to be installed deeply depraved Democrat POTUS…

http://www.youtube.com/watch?v=fPyeKe-EFf4&feature=related

Nothing outrages a liberal more than the possibility that evil might be incompetently done.

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By djnoll, June 22, 2011 at 8:35 am Link to this comment

Thank you, Mr. Scheer.  Finally, someone is saying it like it is - BILL CLINTON IS A FOOL, A LIAR, AND A CHARLATAN!  This man was not a good president and he is now the one, along with his wife, who controls the DNC power structure.  He and his wife made deals that have led to the continued devastation of our economy, our continuing war policy, and will soon lead to the election of a president who will be truly vile!  Their hijacking of the Obama Presidency to avoid a split in the DNC that would have put McCain in the White House has led us to the point now where many people are abandoning Obama, just as they wanted. 

Make no mistake:  if this country falls, Bill Clinton, his banker friends, and foreign supporters are positioning this man to step up and become the “savior” of the nation.  He cannot legally run for president for a third term, but if this country were to fall to chaos, he could do what he does best: con people into accepting him as the one who gave them the best years (the 1990s) in recent memory and offer them the same again if they let him take over as “temporary” president until the crisis is over.  That is his wet-dream these days, and it is why he is always in the news pushing his agenda as a counterpoint to the GOP or Obama.  The man is and was a con artist and his wife is no better.  Be very careful of these two.  They are modern day Macbeths who have clearly blended their fantasies of monarchial rule with GOP policy and slick charm to make people believe that they are the best option. 

Mr. Scheer is right, Clinton laid waste to the average American’s life with his policies and his flim-flamming.  Unfortunately, no one until now has called him on it, and I am afraid it is too late now.

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By kerryrose, June 22, 2011 at 8:34 am Link to this comment

Like Obama, Clinton was a ‘poor kid’ who professed to be in touch with the struggle of lower income people to acheive ‘the American Dream.’

My father loved Clinton for that reason as I loved Obama.

What is it about these ‘poor boys’ that turns them into vipers and liars and sneaks.

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By BR549, June 22, 2011 at 8:12 am Link to this comment

ardee, June 22 at 2:54 am
“When Clinton left office we had a surplus, did we not? We had a balanced budget as well, right?” ......  wrong

Here’s at least one website dealing with that myth of a Clinton Surplus:
http://www.craigsteiner.us/articles/16
He actually left us $95B further in the hole but repeatedly lied to the public just as he did about Monica.


“So then ,Mr.Scheer, You mean to note that Clinton was pretty much like all our recent Presidents then?”  ...... actually, Mr. Scheer hit the nail square on the head. The guy is a sleazeball.

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By Gregg, June 22, 2011 at 8:08 am Link to this comment
(Unregistered commenter)

Please don’t get me wrong, Robert, I’m a huge fan of
yours and a vicious critic of Clinton’s economic
policies and duplicity.  But did you not once write
that Bill Clinton is “one of the hardest working, most
competent, fundamentally decent and smartest men to
ever serve in the office.”  So in all fairness, do you
not also subscribe to the principal that “there is no
problem or contradiction of [yours] that cannot be
simply plastered over with blather.”

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By BR549, June 22, 2011 at 7:59 am Link to this comment

D.R. Zing, June 22 at 7:26 am

Indeed, at some point, the economy of scale, so necessary for large corporations, looses any gains it may have made in economic efficiency as it violates so many tenets of social responsibility. Management looses touch and the ties with its workers are replaced by ties by Armani. That “magic point” of diminishing returns, where the benefit to the corporation begins to supersede that of the society that bore it, is probably quite variable.

A gentleman by the name of August St. John, (Vermont?) hypothesized such a scenario in dealing with the sizes of various communities; i.e. at what point does an increasing tax base begin to slowly destroy the very community it supports? The book, “Better, Not Bigger”, by Eben Fodor, also touches on this. It reinforces our ties to family, community, and the soil, but then, if people showed that their loyalties were to those stated above and to their individual sovereign states, how could the Feds ever be able to take control?

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By magus12, June 22, 2011 at 7:53 am Link to this comment
(Unregistered commenter)

@ DRZing

Excellent post.  Thank you.  While we’re at it, we should expose those like Mitt Romney who’ve profited so handsomely at the mergers business while laying off or firing millions, and then collecting huge fees.  No wonder Mitt says, “Gosh, this is a great country” when you can steal from the employees, suck all the life out of the corporation by leveraging it up to the hilt so that it will likely go bankrupt and cost more employees and creditors their livelihoods.

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By DHFabian, June 22, 2011 at 7:41 am Link to this comment
(Unregistered commenter)

Thank you, Mr. Scheer, for pointing out that our former emperor is naked as a jaybird. I remain stunned by otherwise-progressive folks who continue to mistake Clinton for a traditional Democrat. Clinton’s amoral attack on the “safety net” enriched corporations while shrinking the middle class (and wiping out virtually all chance of low-income Americans ever reaching the middle class). Clinton’s NAFTA did much to liberate us from our jobs. Mandatory workfare has served powerfully to crush unionizing efforts, suppress wages and eliminate workers’ rights and protections, often acting as temporary replacement labor.  When Reagan took office, the US was rated as #1 in overall “quality of life.”  Since then, largely as a result of Clinton’s policies, we are down to (last I heard) #34 in “quality of life.”  Clinton set the machinery in place to speed up America’s unprecedented wealth redistribution - straight into the bank accounts of the elite.

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By David J. Cyr, June 22, 2011 at 7:40 am Link to this comment

QUOTE, of a motorcycle named ardee:

“When Clinton left office we had a surplus, did we not?”
__________________

That was the pump, before the dump.

In the same manner that Bush’s nominal administration was controlled by Halliburton’s Cheney, Clinton’s nominal administration was controlled by Goldman Sachs’ Rubin.

Whether the nominal “win” is for the retrograde conservative (R) voters, or for the depraved liberal (D) voters, their corporate party “wins” always result in more gangster government.

http://www.chenangogreens.org

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By ghostofwatergate, June 22, 2011 at 7:32 am Link to this comment

The first time I ever clamped eyes on that guy at the big rollout of presidential debates in ‘92, I said to myself, “Oh, hell no,” and voted for Jerry Brown as a write-in.

So don’t blame me for this shithead. I hated him then and I hate him now. And that wife of his can kiss my ass, too. <shudder>

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D.R. Zing's avatar

By D.R. Zing, June 22, 2011 at 7:26 am Link to this comment

A sidebar to this column is corporate mergers.

The SEC needs to drastically reduce the number of corporate mergers it allows.  Small business are best for jobs, best for consumers, and best for the economy.  Large corporations are no more efficient than big government. They waste money, they waste time, they screw their customers. 

The lion’s share of the money that any company has when it merges goes to bankers financing the deal and executives at the corporations. Employees are laid off. Customers are screwed. It’s a swindle.

Anyone who’s ever flown on one of the larger airlines know this fact.  It sucks dealing with big companies.  Their employees are miserable and they hate their customers.

Stop the madness. Stop the mergers. Make corporations start earning their market share instead of buying it.

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By BR549, June 22, 2011 at 7:04 am Link to this comment

jbud66, June 22 at 1:27 am
“I would love to see Reagan’s corpse, Bush 41, Clinton, Bush 43, and Obama, ALL
crammed into the same 6’ x 9’ cell in The Hague wearing the same striped suits.”

You, my friend, have captured the essence of the American voters, slow as they
may sometimes be to get with the program. Personally, I prefer the vision of them
all being strung up like Mussolini, shot multiple times and hanging upside down
in the public square to be spit and pissed upon by the outraged citizenry. Oh, and
let’s not forget Hillary.

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By JeffersonSmith, June 22, 2011 at 6:49 am Link to this comment

I worked on Clinton’s presidential campaign in California during the 1992 elction. I believed that he was going to produce a national healthcare program and reduce Pentagon spending while upholding Democratic Party values, I was chumped. I didn’t vote for Clinton in the 1996 election. The analysis of Clinton’s revisionism and ridiculous policy prescriptions in this article are too kind by half. Bill Clinton was a mediocre president and is a self aggrandizing knave to this day. To hear from him about his “policy prescriptions” makes my ears bleed. He betrayed the American people and his current popularity as an “elder statesman” makes more of a comment about the demise of the American political scene than anything any writer can express.

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By surfnow, June 22, 2011 at 6:44 am Link to this comment

Clinton takes credit for an economy in the nineties that he had little to do with. His tenure just happened to coincide with huge bull markets created by the computer revolution and huge real estate valuations. Ironically, those short lived gains are actually what led to the crash and crisis we are now facing- because those same booms were almost entirely built on pure speculation. A very similiar situation to what occurred from the 1920s to the crash in the 1930s.

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By madisolation, June 22, 2011 at 6:26 am Link to this comment

“...the former president remains in deep denial over having any culpability for his misdeeds.”
He’s not in deep denial. That’s excuses him, as if he has a mental defect. The truth is, Clinton doesn’t give a sh*t about anything or anybody but himself. He ruined our economy in order to enrich himself. And Chickenhawkette Hillary is running around the globe, lecturing other countries on how they run their governments without a hint of irony. What an insane, treacherous couple they are.

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By radson, June 22, 2011 at 6:23 am Link to this comment

Bill Clinton the man who destroyed the American Economy ,well not quite ,although he definitely played a very important role and was supported by very prominent swindlers.The goal was and still is Globalization,basically One Global Bank along with a Global currency the ‘Phoenix’. The amount of power that will be placed in the hands of the Banksters will
be Totalitarian and the citizens of the Planet will become Global Serfs ;countries will have to give up their Sovereignty in order to receive their allotment of monopoly money ,which will nevertheless be controlled by corporations within a Global economic scheme.But before this take-over can happen the economy of Sovereign states which especially includes
the US must be brought to heel .hence the prerequisite of gutting the Middle Class.The elimination of the Middle Class is of the utmost importance because it represents the greatest threat to the Banking Elites ;the poor have no time to read ,the second factor is the absorption of the ‘real economy capital liquid ’ that is in the hands of the said class.The
Trilateral agreement is going to be revamped to basically include three major currencies the Euro ,the Amero (for North America ) and another for South-East Asia .The Asian
currency will more than likely be based in Shanghai due to Chinas’ economic prowess in the region,yet the question remains as to which currency will the Russians adopt and
England for that matter,as England has not adopted the Euro .England is an interesting case because of their lack of natural resources and their enormous reliance on external
colonies in order to maintain their very high standard of living ;banking has always been the crown jewel of the English especially since it was developed and implemented so
successfully ever since its inception in the late sixteen hundreds.The other notable country is the seemingly peaceful Country of Switzerland ,which is the Bankers Haven and has been so for hundreds of years .The Global elites meet there regularly to dictate and formulate the monetary policies of basically everyone ,any opposition is dealt with sternly ,which
includes War if necessary ,because profits are gained from the victors along with the vanquished ,bankers have no allegiance to any Government ,yet they control both the Governments and the industries by supplying both with money .The BIS ‘Bank for International Settlements ’ will more than likely replace the IMF and or the IMF will merge with
the BIS which is residing at the moment in Basel Switzerland.

So it is about the Economy stupid ,the Global Economy

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