2016 Postmortem
Related: About this forumBernie is lying right now on Twitter. Here is how he voted.
He DID NOT support the auto bail out.
http://www.politico.com/story/2008/10/the-senate-bailout-vote-014196
pkdu
(3,977 posts)bunnies
(15,859 posts)Are you being intentionally obtuse?
artislife
(9,497 posts)Cheese Sandwich
(9,086 posts)dsc
(52,166 posts)Hydra
(14,459 posts)...You can't make this stuff up.
karynnj
(59,504 posts)Of the auto industry. So, there was NOTHING in the bill at the time of the vote that spoke of the auto industry. It was done by Bush with Obama's approval when Bush was a lame duck.
Obama included additional money in his first budget. Senator DeMint had an amendment to prohibit money going to bailout auto companies which failed. Sanders voted for the budget and against that amendment.
It is true that he voted against the Wall Street bailout and it was money from that bill that was used. It is not really fair to say the auto bailout was included in that bill as it was not mentioned.
It is easy to forget how scary that time was and how fast things happened. I remember being surprised when the New Yorker questioned the Biden comments on Obama saving the auto industry. I remembered the effort to do so and was surprised that the first bigger loans were by Bush and were done with TARP money that was not authorized for that use - bur was absolutely important to do.
Response to fun n serious (Original post)
Agnosticsherbet This message was self-deleted by its author.
Stevepol
(4,234 posts)and Sanders answered it pretty well I think. The bill had other provisions than just the bail-out of the auto industry. He felt it could have been a much better bill, and he was probably right. He certainly would have voted for a bill that just dealt with saving the auto industry.
fun n serious
(4,451 posts)Bernie is Lying.
karynnj
(59,504 posts)In December, some of the TARP money approved to bailout banks was used to start a bail out of the auto companies.
So, Bernie is correct when he spoke of making his decision based on whether WS should be bailed out.
AND Clinton is correct that first auto bailout money came from the TARP funds aproved by the vote in 2008 to bailout WS.
Where Clinton was disingenuous was in saying he voted against the auto bailout ... as there was NOTHING in the financial bailout bill that spoke of the auto industry.
Jarqui
(10,128 posts)The guts of the real auto bailout happened later during the Obama admin.
SunSeeker
(51,621 posts)Bernie's No vote was shameful grandstanding.
Vattel
(9,289 posts)itsrobert
(14,157 posts)SHAME ON HIM!
angstlessk
(11,862 posts)itsrobert
(14,157 posts)Thanks
Bradical79
(4,490 posts)Broward
(1,976 posts)Bradical79
(4,490 posts)Well, that's sad. With the ALL CAPS response I was kind of hoping it was sarcasm.
Broward
(1,976 posts)I also caught him lying in another thread.
Bradical79
(4,490 posts)First one, lol.
Broward
(1,976 posts)Lying is contagious I guess.
Mufaddal
(1,021 posts)Then check the date on this...
http://www.vpr.net/news_detail/83206/leahy-sanders-reluctantly-support-auto-industry-re/
fun n serious
(4,451 posts)The other was too late... The one he voted against included TARP.
SunSeeker
(51,621 posts)Utterly irresponsible of him.
ThePhilosopher04
(1,732 posts)SunSeeker
(51,621 posts)MSMITH33156
(879 posts)and everyone is lying.
Bernie Sanders voted for the auto bailout in December 2008.
He did not vote for the actual bill in 2009 that ended up saving the auto industry.
First Hillary said:
He was against the auto bailout.
That is intellectually dishonest. He wasn't against it in isolation. However, the rest of what she said immediately after that is 100% true:
In January of 2009, President-Elect Obama asked everybody in the Congress to vote for the bailout.
The money was there, and had to be released in order to save the American auto industry and four million jobs, and to begin the restructuring. We had the best year that the auto industry has had in a long time. I voted to save the auto industry.
He voted against the money that ended up saving the auto industry.
That is exactly what happened. Now, Sanders' response was fine. He spent a lot of time pivoting to Wall Street and talking about that portion of the bailout, so I don't want to repost all of that, but eventually he did return to the auto bailout:
In terms of the auto bailout, of course that made sense. In terms of the stimulus package, of course that made sense, and I strongly supported President Obama's position on that.
Hillary, then said:
Now let me get back to what happened in January of 2009. The Bush administration negotiated the deal. Were there things in it that I didn't like? Would I have done it differently? Absolutely.
But was the auto bailout money in it -- the $350 billion that was needed to begin the restructuring of the auto industry? Yes, it was
Y'all can keep pretending like your candidate is the most honest (this is on both sides). This is politics, every issue is complicated, every issue gets dumbed down into it's base format. The truth of what happened:
1) Sanders supported a separate bailout measure that did not pass. Hillary saying in black and white that he did not support the auto bailout is incorrect.
2) When it was time to vote for the larger bill which coupled the Wall Street bailout WITH the auto bailout, he voted against it.
3) Hillary saying that he voted against the money that saved the auto industry AND that if everyone had voted the way he did, the auto bailout wouldn't have happened is correct.
Do with it what you will with that. A pox on everyone's house.
mvd
(65,179 posts)I am a Bernie supporter, but I feel you laid this out nicely. You should make this an OP.
Arazi
(6,829 posts)nothing is black and white
I appreciate your post for its clarity
MSMITH33156
(879 posts)often have trouble getting elected president. Because votes can be spun. Most bills are so complicated and multi-tiered that when a senator votes, they are generally voting for something they oppose or against something they support because it's part of a larger effort they might or might not agree with.
Same thing happened to John Kerry, when he voted "against the troops." He knew that the troop funding was going to pass, and he decided to make a stand. So he went on the senate floor, gave a rousing speech about how the war is a disaster, and he was voting no to show his displeasure, but if he was the deciding vote, he would never vote against the funding. Of course, that context got lost and Kerry "didn't support the troops."
I wonder if Sanders would have voted for the $350 million to be released if he knew he was the deciding vote. That TARP was going to pass anyway, so he might have chose to just take a stand against Wall Street, knowing it won't actually block the funding.
Who knows? Campaigning in black and white is easy. Governing is every shade of gray.
Arazi
(6,829 posts)I love your posts and will be keeping an eye out for them
Jarqui
(10,128 posts)That isn't "correct" either because, like they did since December, they could have done some adjustments to get it passed. Sanders was for it in December. He was against some Wall Street stuff when that got mixed in.
https://en.wikipedia.org/wiki/Effects_of_the_2008%E2%80%9310_automotive_industry_crisis_on_the_United_States#cite_note-79
"Senate roll call on $14B auto bailout". Rocky Mount Telegram. Associated Press. December 12, 2008. On this vote, a "yes" vote was a vote to formally consider the House bill and a "no" vote was a vote to stop its progress. Supporters of the bailout needed 60 votes to advance it. Voting "yes" were 40 Democrats, 10 Republicans and 2 independents. Voting "no" were 4 Democrats and 31 Republicans
To suggest he wasn't for helping the auto industry is dishonest. He wasn't into lining Wall Street's pockets.
joshcryer
(62,276 posts)And everyone forgets Elizabeth Warren led TARP oversight. TARP was just a dumb blank check, the biggest issue was that it didn't barr companies that were rescued from giving their CEOs golden parachutes.
KentuckyWoman
(6,689 posts)The politico story is about SAmdt.5685 to HR1424.
You can read the full text here
https://www.congress.gov/congressional-record/2008/10/01/senate-section/article/S10340-1
Please show me where the release of the auto bailout money is located in this Amendment.
I won't hold my breath.
fun n serious
(4,451 posts)The other one he was in favor of was too late to help and did not pass. They've talked about it on MSNBC just now. Sanders is SPINNING
KentuckyWoman
(6,689 posts)That vote was specific to this Amendment. It doesn't say anything about the auto bailout. You are wrong. You are just simply wrong.
Read MSmith's post up thread. THAT is what is accurate. Your post is not even remotely close to accurate.
Aerows
(39,961 posts)in accusing someone of what is their strength.
I don't think Bernie's worst enemy would call him a liar.
Aerows
(39,961 posts)I can't believe somebody is trying to turn him into a liar.
Oh well, attack him on his strengths. It makes the person levying the charge look pretty silly.
Aerows
(39,961 posts)Even his enemies will tell you that he is strong minded and goes out of his way to be honest.
In contrast, I find someone that goes out of their way to make a liar out of a political opponent likely has housekeeping to do around their own front door.