In a recent interview, Hillary Clinton has said that she would allow banks to fail in a situation similar to what we had in 2008.
“Yes. Yes, yes, yes, yes, yes,” the former secretary of state responded. “Their shareholders have to know that yes, they will fail. And if they’re too big to fail, then under my plan and others that have been proposed they may have to be broken up.”
Hillary has a small problem. It is called a voting record. In 2008, she voted for TARP. For her to say that she would let banks fails, she is not being truthful. Thus, I am going to call Bull Snot on this.
She, like her fellow politicians on both sides of the aisle, practice socialism when the consequences of our business leader’s bad decisions manifest. The Democrats and Republicans supported TARP because we supposedly could not allow these banks to fail. Do you think a president Clinton would act any differently than a senator Clinton?
The truth is Clinton is as much of a practitioner of crony capitalism as her husband, Obama, Bush, and many many others before them. She has little concern about the little guy but only as a means for gaining power for herself.