bailed when it came time to actually pass into law something that would actually bail out the auto industry. Doesn't matter that he voted for a purely symbolic measure that did not become law. Nice to express solidarity and all, but where are you when the chips are down? riding your high moral horse, to ideological pure to get your hands dirty in the real world.

the lie has been voted on....

(a) Bernie voted against TARP, some of the funds of which were used by Obama to save the auto Industry.

(b) Bernie voted for a stand alone auto bailout that never became law and had no chance of becoming law.

(c) the prospect of saving the auto industry wasn't enough to persuade him to vote for Tarp

(d) the reason for (c) is that he wanted to punish the millionaire and billionaire class rather than bail them out.

(e) Tarp save averted the prospect of an immediate collapse of the global economy into a world wide depression.

(f) averting a world wide depression wasn't reason enough to vote for Tarp or to vote for the auto bailout in Bernie's mind.

bullshit analysis that you represent as 'facts'...

i usually suggest Google as someone's friend...in your case, I won't bother...

Thank you.

These are the lies that keep Americans in chains and the country in tatters.

had no mention of auto bailout. Obama pulled funds from that after the fact.

Bernie & Elizabeth 2016!!!

at the time of the vote. There was no mention of the car companies in the bill. It was President Obama who diverted the money to the car companies and was attacked by the Republicans for doing so. The President used the loose wording in the bill to get it done. Hillary had absolutely nothing to do with it. Hartmann set a reporter straight on this today.

signaling his intentions to use some of the funds to bail out the auto industry, among many other things.

The incoming president did some very heavy lifting here:

http://content.time.com/time/business/article/0,8599,1871532,00.html

As the Obama Administration carries out the Emergency Economic Stabilization Act, our actions will reflect the Act’s original purpose of preventing systemic consequences in the financial and housing markets. The incoming Obama Administration has no intention of using any funds to implement an industrial policy.

and what Bernie opposed:

at the time, Sanders had no reason to believe that any funds would go to help the car companies. President Obama deserves credit not Hillary.

It’s unclear how much of the second half of TARP funds Obama intended to use for the auto bailout at the time. In a letter to congressional leaders encouraging them to release the funds, Obama economic adviser Larry Summers said only that auto companies would "only receive additional assistance in the context of a comprehensive restructuring designed to achieve long-term viability."

Only to a Hillary supporter avoiding reality

As the Obama Administration carries out the Emergency Economic Stabilization Act, our actions will reflect the Act’s original purpose of preventing systemic consequences in the financial and housing markets. The incoming Obama Administration has no intention of using any funds to implement an industrial policy.

Most rational people will see that as none. The letter clearly states the money will be used for the housing and financial markets.

was used to rescue the auto industry.

as you claimed. Playing financial games in the stock market is what got GM in trouble. GM was dipping into the workers retirement and healthcare funds and tried to make it up by issuing bonds and investing money in the dot-com boom and lost their butts. Management at GM should be in jail.

President Obama deserves credit here as well for protecting the workers assets(that didn't belong to GM) from those who wanted to give the money to the fools who borrowed money to the crooks at GM who were cooking the books.

President Obama deserves credit here as well for protecting the workers assets(that didn't belong to GM) from those who wanted to give the money to the fools who borrowed money to the crooks at GM who were cooking the books.

not being a mind reader?

when called out on your fact free nonsense.

that's what bailed out GM

1. You're against it.
2. It's not good enough and you want it improved.


Everyone knows fucking well Bernie was voting that second one and he was in favor of the auto bailout. And everyone knows fucking well that the Clinton campaign is trying with all their might to try to convince people it was the first one.

So, with all due respect, screw your spinning attempt to smear the United States most progressive Senator in the cause of getting America's most bought and paid for Democratic politician elected.

that's precisely the point.

Attaching actual real consequences for the banks to TARP bailout money was *entirely* politically feasible.

The reason it didn't happen wasn't that it couldn't, it's that we didn't have enough people like Bernie who gave enough of a shit to push back and demand better. And here you are all twisted in knots about the fact that we had any at all.

the Republicans were willing to let the auto industry go bankrupt.

But of course that requires a spine... which is in rare supply in Congress.

CYA cowardice -- just like Bernie.

kick the bucket down the road a bit. We've still got many of the same issues and practices in play that caused the economic crisis to begin with - again, corrupt financial institutions, big banks and wall street... nearly obliterated the world economy. The TARP legislation was largely a band aid being placed over a severed limb. There were good things that were done with it - such as the auto-bailout, but I don't blame Bernie one bit for voting NOT to bail out the financial industry/wall street. I wish all of our elected democrats, independents - and hell, even republicans, had reconsidered that legislation and instead put together something with more teeth. Bailouts, yes, but in exchange for very strong regulations and controls. Bailouts, sure, but with a considerable interest rates and much of the funding and many back payments to the people who's lives were ruined by the greed and corruption of the financial industry. This did not happen.

I suspect if better legislation had been put together, it would have gotten support from Bernie, too. No one was held accountable, in the largest financial scandal in the history of the frigging world... people did not go to prison, there was no thorough investigation - and many of those same people are today millionaires and billionaires playing the same kinds of games they were before.

When the chips are down? How about a 7.50 minimum wage? How about tens of thousands of dollars of debt for a four year degree? How about not having health insurance? How about NOT getting us into stupid wars that cost trillions of dollars? How about NOT voting for the Patriot Act, the IWR, opposing Citizens United since it's beginning. How about the candidate who is raising the vast majority of his campaign money from regular people?

I'll tell you where Bernie is when the chips are down - he's the man trying to put shit back together, trying to save our democracy and put a stop to corrupt financial practices that never should have been possible to begin with.

That being said - to say that he was not there for the auto-industry or did not support them is a blatant lie. He voted in their favor, but not in favor of the corrupt millionaires and billionaires that crashed our economy. Of course, you can hold to the notion that TARP rescued the whole world and solved the problems it should have (it didn't, and it didn't) but present reality would indicate that that certainly is not the case.

The real world? Sanders, unlike many other politicians, seems to have some inkling as to what the hell it actually is.

Last edited Wed Mar 9, 2016, 08:27 PM - Edit history (1)

Camp Hillary of lying you bad Democrat you

I see no point in listening to or reading anything that comes out of Hillary or her campaign at this point. So I won't.

why back down from the truth?

It helps Sanders with his ideologically pure base, I guess, who would rather condemn the whole economy to a depression than bail out wall street and the automobile industry.

They want punishment. Pure and simple. If it means taking the whole world economy down with the bankers, so be it!

Hear the music?

I can't watch them any more. If it's not Trump it's Clinton surrogates spinning their asses off.

I only watch CNN when THEY're not talking about or broadcasting Herr Drumpf.

Just turn them off. There's no truth or reality being broadcast there. They have tubed every progressive, from KO to Ed Shultz to MHP. Don't give them the ratings.

Heileman and Halperin, on at 6 Eastern time. They are purely focused on the politics of the campaigns, and will call out anyone who is spinning. It is very interesting, IMO.

I watched their Showtime series, "The Greatest Show on Earth" I believe, and was powerfully unimpressed. Those guys still seem to be drafting of their book success from a few years ago.

that's okay, let them keep thinking that.

see above

refused to be a "socialist" with that much at stake

they are like their rightwingnut cousins insomuch as they lie as much as they need to while not caring how glaringly stupid or inconsistent with their other bs it is

Blah, blah, blah...

More crap.

Even after every fact checker and some former senators have said it was a lie.

Here is how it works...A campaign surrogate will tell a huge lie on a Corporate network for their candidate (in this case its Hillary) and they only have to tell that lie once.
The network such as mentioned MSNBC (the Clinton campaign press corp) will repeat this lie over and over again.

Rachel will repeat it,then Tweety,then Mrs Greemspan and all the other MSNBC hosts .By time this lie has made the cycle more will be added to this lie and then other campaign staffers will come back on and reinforce it..This is the Karl Rove and Dick Cheney way and they used this strategy all the time. Hillary's campaign has 3 right wing advisers plus Bill that know this system well and know how to use the networks to accomplish this strategy.