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2016 Postmortem
In reply to the discussion: Hillary's Big Lie about Bernie: ''Came Through'' in Michigan [View all]Octafish
(55,745 posts)98. That reminds me of what TARP's Inspector General said.
Neil Barofsky Gave Us The Best Explanation For Washington's Dysfunction We've Ever Heard
Linette Lopez
Business Insider, Aug. 1, 2012, 2:57 PM
Neil Barofsky was the Inspector General for TARP, and just wrote a book about his time in D.C. called Bailout: An Insider Account of How Washington Abandoned Main Street While Rescuing Wall Street.
SNIP...
Bottom line: Barofsky said the incentive structure in our nation's capitol is all wrong. There's a revolving door between bureaucrats in Washington and Wall Street banks, and politicians just want to keep their jobs.
For regulators it's something like this:
CONTINUED... http://www.businessinsider.com/neil-barofsky-2012-8
Linette Lopez
Business Insider, Aug. 1, 2012, 2:57 PM
Neil Barofsky was the Inspector General for TARP, and just wrote a book about his time in D.C. called Bailout: An Insider Account of How Washington Abandoned Main Street While Rescuing Wall Street.
SNIP...
Bottom line: Barofsky said the incentive structure in our nation's capitol is all wrong. There's a revolving door between bureaucrats in Washington and Wall Street banks, and politicians just want to keep their jobs.
For regulators it's something like this:
[font color="green"]"You can play ball and good things can happen to you get a big pot of gold at the end of the Wall Street rainbow or you can do your job be aggressive and face personal ruin...We really need to rethink how we govern and how regulate," Barofsky said.[/font color]
CONTINUED... http://www.businessinsider.com/neil-barofsky-2012-8
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Unfortunately, because of the "backfire effect" and affirmation, corrections just reinforce the lie
drokhole
Mar 2016
#115
Right... having your record lied about right before a primary is "just politics"
whatchamacallit
Mar 2016
#13
No, it's called defamation. It's also illegal. "Thin skin" doesnt even enter the equation.
Bubzer
Mar 2016
#63
Funny how the Sanders campaign hasn't resorted to disinformation and deception. nt
Coincidence
Mar 2016
#101
Not really. Mulally got shown the door for borrowing $5.9 billion AFTER the bailout package.
Octafish
Mar 2016
#69
After Big Bankers, Corporation ruined by NAFTA were next to be forced to take the money.
DhhD
Mar 2016
#111
Golly, we all know this issue is way more complicated than Bernie is letting on. nt
Nitram
Mar 2016
#75
"Today the auto industry is thriving and millions of people have jobs who could have lost them...
awake
Mar 2016
#19
Former Michigan Gov. John Engler ''served'' as head of the National Association of Manufacturers.
Octafish
Mar 2016
#123
I'm not sure knowledge of that is only to be acquired in formal education
HereSince1628
Mar 2016
#39
A largely corrupt news media put the people of Michigan even more at a disadvantage.
Octafish
Mar 2016
#89
Fact is, we are in a better position now because of the bailout. We might hate the banks, but at
Hoyt
Mar 2016
#32
No a financial melt down would have left everyone screwed, just that some folks are too obtuse
Hoyt
Mar 2016
#125
Having a hard time understanding, are you saying homeowners should have been evicted immediately.
Hoyt
Mar 2016
#137
No. MILLIONS of Homeowners were sacrificed for the crooked Banks and Banksters.
Octafish
Mar 2016
#140
So, rather than forstalling foreclosure, would you have been happier if they were forced out of
Hoyt
Mar 2016
#142
On the contrary, Senz, I know that Hillary Clinton has always deeply cared about...
Nitram
Mar 2016
#97
You ignore the fact that, without TARP, credit would have remained frozen.
Trust Buster
Mar 2016
#114
and she is hoping folks won't remember this and join her ranks in the Fall? Really?
tomm2thumbs
Mar 2016
#53
I get tired of hearing Hillary supporters compare Hillary being called out on her lies to
liberal_at_heart
Mar 2016
#59
Bernie certainly sets the bar very high. It's not often you see a politician with his integrity.
liberal_at_heart
Mar 2016
#68
What I find most appalling is CNN ran with it and didn't even fact check it.
bobbobbins01
Mar 2016
#79
Just like Downton Abbey, except there are no chauffeurs marrying into the family.
Octafish
Mar 2016
#139
If any of that was true, why the need to smear him across Michigan the day before the Primary?
Octafish
Mar 2016
#144
disgusting & vile; only consolation is realization she will never get elected in the GE
amborin
Mar 2016
#92
Clinton accused him of opposing the auto bailout (LIAR); he voted for it in a stand-alone bill
AtomicKitten
Mar 2016
#131
It is absolutely correct, the whole truth & not a twisted version for political gain.
AtomicKitten
Mar 2016
#136
Clinton proved she is a typical slimeball politician, very much like a republican.
tabasco
Mar 2016
#160