Truth Squad: Hillary Clinton fouls Bernie Sanders on auto bailout
Listening to Clinton's accusation at Sunday's debate, a Democratic primary voter in Michigan might be forgiven for concluding Sanders was against the 2009 auto bailout...in large part because Clinton literally said he "was against the auto bailout."
That statement is untrue. Sanders was not against the auto bailout. He favored extending help to U.S. auto companies at the time, but opposed another part of that legislation that was to bailout large financial firms.
Let's go to a timeline that begins in fall 2008 to unpack what makes Clinton's attack misleading. Recall that the nation was in full-blown fiscal crisis with large financial institutions collapsing and Fannie Mae and Freddie Mac placed under conservatorship by the Treasury Department.
That October, Congress passed and then-President George W. Bush signed the Troubled Asset Relief Program (or TARP), authorizing up to $700 billion to help strengthen the financial sector. Sanders was not a fan.
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more:
http://www.mlive.com/politics/index.ssf/2016/03/truth_squad_clinton_fouls_sand.html
bold added.
Clinton lied.
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