Clinton won’t mention a whole bunch of inconvenient facts — about what
brought the prosperity of the 1990s, and how he himself helped put
America on the path to the 2008 financial crisis.
It’s an absurd distortion of reality that the Bush-era tax cuts or
spending on Iraq were even remotely responsible for the 2008 banking
collapse and the Great Recession — though both claims are now core to
the left’s talking points in defense of President Obama’s failures as
president (and largely unchallenged by a sympathetic media).
Yet the reality of what caused the banking collapse has the fingerprints of tonight’s keynote speaker all over it.
Clinton pushed hard for riskier home loans and ushered in the repeal of Glass-Steagall.