Another Hillary-Media Lie: The 2008 Financial Collapse

This is just a quickie to point out a lie that Hillary uttered in the debate and Democrat allies (eg the mainstream media) continue to parrot. She tried to pin the 2008 meltdown on tax policy. It is absolutely absurd. As noted in 2008, she only needs to look in the mirror. I’m not the only one who caught her lie:

In fact, tax policies had almost nothing to do with the recession of 2008. What caused the market crash was the collapse of the subprime market. If that collapse had an architect-in-chief, his name was Bill Clinton. This is not a speculation. It is an easily documented fact…

The article goes on to discuss Fanny Mae and Freddy Mac, Franklin Raines, Community Reinvestment Act, and arm twisting banks under thread of ‘racism’. Funny thing is all of that should sound very familiar. Here’s a blast from the 2008 past:

Burning Down the House: The Financial Fiasco in Under Ten Minutes (Updates)

Here’s the video I posted back then:

Ah, good times, indeed. If you want more on the bailout, use the bailout tag and scroll down to the 2008-2009 time frame.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s